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Bannockburn, QLD 4207
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$940,000
market range $875K-$1.1M
Median Unit
$650,000
list-price estimate
Gross Yield (houses)
3.6%
1yr Growth (houses)
+21.1%
market range -10.0% to +27.5%
Investment snapshot for Bannockburn
Bannockburn has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bannockburn market and investor summary
In Bannockburn, QLD 4207, the median house sells for around $940K, on a gross rental yield of 3.6% for houses. House prices have moved +21.1% over the past year. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking. Houses also take time to sell, around 89 days on market, so plan for a slower exit if you ever need one.
Living in Bannockburn: people, income and schools
Bannockburn is home to around 960 people, and the area has been growing steadily, up about 22% over five years. At a median age of 32, it reads as broadly working-age, and families account for 87% of households.
The typical household income runs to around $95,000 a year (about $1,830 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to a steep 9.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.
Families have 6 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Bannockburn sits about 36 km from the CBD. It is fairly car-dependent; the suburb scores 16 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 960
- +22% over 5yr
- Median age
- 32 years
- Median household income
- $95,000/yr
- Households renting
- 46%
- Family households
- 87%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 6
- avg ICSEA 1000
- Unemployment
- 4.3%
- Distance to CBD
- 36 km
- Walk score
- 16/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bannockburn
View all →Frequently asked questions about Bannockburn
What should I check before investing in Bannockburn?
Bannockburn has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +21.1% in the past year shows strong recent price momentum. Tight rental market (0.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Bannockburn?
The median property price in Bannockburn, QLD 4207 is $940K for houses.
What rental yield does Bannockburn show?
The gross rental yield in Bannockburn is 3.6% for houses and 3.5% 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 Bannockburn?
House prices in Bannockburn are up 21.1% over the past year. 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 Bannockburn?
The current vacancy rate in Bannockburn is 0.9%. 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 Bannockburn?
Bannockburn has a population of approximately 960 residents, with a median age of 32.
What schools are near Bannockburn?
There are 6 schools within roughly 5km of Bannockburn. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Bannockburn affordable to buy in?
A median house in Bannockburn costs about 9.9 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 Bannockburn's population growing?
The population of Bannockburn has grown about 22% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Bannockburn from the CBD?
Bannockburn is about 36 km from the CBD.
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