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Aspley, QLD 4034

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,345,000

market range $1.3M-$1.6M

Median Unit

$845,000

market range $775K-$900K

Gross Yield (houses)

3.1%

1yr Growth (houses)

+12.3%

market range +7.5% to +20.0%

Investment snapshot for Aspley

Aspley has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Aspley market and investor summary

Aspley (QLD 4034) runs a median house price of $1.3M, with houses yielding a gross 3.1%. House prices have moved +12.3% over the past year and +44.0% over three years. At 1.2% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.

Living in Aspley: people, income and schools

Aspley has a resident population of roughly 12,871, a number that has held fairly steady over five years. The median age is 43, skewed a little older, and families account for 68% of households.

Households here earn a median of about $95,000 a year, or roughly $1,820 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 14.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.

There are 39 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 12 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 63 for walkability and 33 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
12,871
+6% over 5yr
Median age
43 years
Median household income
$95,000/yr
Households renting
24%
Family households
68%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
39
avg ICSEA 1077
Unemployment
4.7%
Distance to CBD
12 km
Walk score
63/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Aspley

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Frequently asked questions about Aspley

What should I check before investing in Aspley?

Aspley has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.0% gives a usable rent-to-price starting point. Capital growth of +12.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Aspley?

The median property price in Aspley, QLD 4034 is $1.3M for houses and $845K for units.

What rental yield does Aspley show?

The gross rental yield in Aspley is 3.1% for houses and 4.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Aspley?

House prices in Aspley are up 12.3% over the past year and up 44.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Aspley?

The current vacancy rate in Aspley is 1.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Aspley?

Aspley has a population of approximately 12,871 residents, with a median age of 43.

What schools are near Aspley?

There are 39 schools within roughly 5km of Aspley. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Aspley affordable to buy in?

A median house in Aspley costs about 14.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Aspley's population growing?

The population of Aspley has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Aspley from the CBD?

Aspley is about 12 km from the CBD.

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