Wongawallan is a small community in Queensland within the Gold Coast local government area (postcode 4210). The area has roughly 1,415 residents and a settled mid-life population, with a median age of 43. Households earn a median income of $124K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Wongawallan is $1.2 million, broadly unchanged over the past year. The median weekly rent is $420 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,350.
The crime rate in the Gold Coast LGA is moderate at 5,699 incidents per 100,000 population.
Looking at the investment signals, Wongawallan shows a gross rental yield of approximately 1.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.