Woolloongabba is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4102). With a population of 8,687, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $97K per year, with an average household size of 2.1 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Woolloongabba is $1.5 million, having surged 20% over the past year. Units have a median price of $606,000 (+15.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,000.
Woolloongabba is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1072, which is above the national average of 1,000. Public transport access includes 7 rail stations, 30 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Woolloongabba offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 15.5x is considered stretched. House prices have moved +20.0% year-on-year.
Woolloongabba is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4102). With a population of 8,687, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $97K per year, with an average household size of 2.1 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Woolloongabba is $1.5 million, having surged 20% over the past year. Units have a median price of $606,000 (+15.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,000.
Woolloongabba is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1072, which is above the national average of 1,000. Public transport access includes 7 rail stations, 30 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Woolloongabba offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 15.5x is considered stretched. House prices have moved +20.0% year-on-year.