Wooloowin is a smaller suburb in Queensland within the Brisbane local government area (postcode 4030). With a population of 4,029, the suburb has a mix of families and early-career residents with a median age of 35. Households earn a median income of $110K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Wooloowin is $1.6 million, having risen steeply by 21.6% over the past year. Units have a median price of $584,000 (+18% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,275.
Wooloowin is served by 2 schools, including 2 primary. The average ICSEA score is 1129, which is well above the national average of 1,000. Public transport access includes 1 rail station, 11 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
On the investment side, Wooloowin shows a gross rental yield of approximately 2.0%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +21.6% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.