Located in Queensland within the Brisbane local government area, Zillmere is a medium-sized suburb (postcode 4034). With a population of 9,323, the suburb has a mix of families and early-career residents with a median age of 34. Households earn a median income of $74K 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, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Zillmere has a median house price of $811,000, which has jumped by 18.4% year-on-year. Units have a median price of $515,000 (+24.1% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,677.
Zillmere is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 960, which is around the national average of 1,000. Public transport access includes 3 rail stations, 53 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
Looking at the investment signals, Zillmere shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices are near the state median ($811K/$1.1M). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +18.4% 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.