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Craignish, QLD 4655

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,070,000

market range $950K-$1.1M

Median Unit

$570,000

Gross Yield (houses)

3.6%

1yr Growth (houses)

+10.4%

market range +0.0% to +17.5%

Investment snapshot for Craignish

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

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Craignish market and investor summary

In Craignish, QLD 4655, the median house sells for around $1.1M, on a gross rental yield of 3.6% for houses. House prices have moved +10.4% over the past year. At 1.2% 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 1.2% and a resident base that is not shrinking. Houses also take time to sell, around 65 days on market, so plan for a slower exit if you ever need one.

Living in Craignish: people, income and schools

About 2,190 people live in Craignish, and the area has been growing steadily, up about 12% over five years. At a median age of 47, it reads as skewed a little older, and 90% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $83,000 a year (about $1,600 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 12.8 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

It is fairly car-dependent; the suburb scores 8 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
2,190
+12% over 5yr
Median age
47 years
Median household income
$83,000/yr
Households renting
8%
Family households
86%
Socio-economic rank
2/10
ABS advantage index
Unemployment
5.0%
Walk score
8/100

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

Properties in Craignish

No properties currently listed in Craignish

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Frequently asked questions about Craignish

What should I check before investing in Craignish?

Craignish has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +10.4% 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 Craignish?

The median property price in Craignish, QLD 4655 is $1.1M for houses and $570K for units.

What rental yield does Craignish show?

The gross rental yield in Craignish is 3.6% for houses and 5.1% 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 Craignish?

House prices in Craignish are up 10.4% 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 Craignish?

The current vacancy rate in Craignish 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 Craignish?

Craignish has a population of approximately 2,190 residents, with a median age of 47.

Is Craignish affordable to buy in?

A median house in Craignish costs about 12.8 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 Craignish's population growing?

The population of Craignish has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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