Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Chelona, QLD 4740
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$500,000
market range $475K-$750K
Median Unit
$500,000
list-price estimate
Gross Yield (houses)
7.4%
1yr Growth
-
Investment snapshot for Chelona
Chelona has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Chelona verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Chelona - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Chelona market and investor summary
Chelona (QLD 4740) runs a median house price of $500K, with houses yielding a gross 7.4%. At 1.3% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 7.4% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.
Living in Chelona: people, income and schools
Chelona is home to around 120 people, and the area has been growing steadily, up about 7% over five years. The median age is 39, broadly working-age, and families account for 71% of households.
Households here earn a median of about $102,000 a year, or roughly $1,960 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to roughly 4.9 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 120
- +7% over 5yr
- Median age
- 39 years
- Median household income
- $102,000/yr
- Households renting
- 32%
- Family households
- 71%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 938
- Unemployment
- 2.7%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Chelona
No properties currently listed in Chelona
Search Chelona listings →Frequently asked questions about Chelona
What should I check before investing in Chelona?
Chelona has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 7.4%, before expenses, tax and loan costs. Tight rental market (1.3% 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 Chelona?
The median property price in Chelona, QLD 4740 is $500K for houses.
What rental yield does Chelona show?
The gross rental yield in Chelona is 7.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Chelona?
The current vacancy rate in Chelona is 1.3%. 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 Chelona?
Chelona has a population of approximately 120 residents, with a median age of 39.
What schools are near Chelona?
There are 1 school within roughly 5km of Chelona. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Chelona affordable to buy in?
A median house in Chelona costs about 4.9 times the median local household income (more affordable than most capital-city markets). 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 Chelona's population growing?
The population of Chelona has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API