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Diamond Head, QLD 4551

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

Data updated

Median House

$1,280,000

Median Unit

$900,000

list-price estimate

Gross Yield (houses)

3.8%

1yr Growth

-

Investment snapshot for Diamond Head

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

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Diamond Head market and investor summary

Diamond Head (QLD 4551) runs a median house price of $1.3M, with houses yielding a gross 3.8%. At 5.3% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.8% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 5.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Diamond Head: people, income and schools

The median age is 46, skewed a little older, and families account for 72% of households.

On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 6 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 71 km from the CBD. It is fairly car-dependent; the suburb scores 24 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Median age
46 years
Households renting
29%
Family households
72%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
6
avg ICSEA 1035
Unemployment
3.3%
Distance to CBD
71 km
Walk score
24/100

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

Properties in Diamond Head

No properties currently listed in Diamond Head

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Frequently asked questions about Diamond Head

What should I check before investing in Diamond Head?

Diamond Head has enough public data for first-pass screening across yield, vacancy, price and supply signals. Houses sell quickly (14 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Diamond Head?

The median property price in Diamond Head, QLD 4551 is $1.3M for houses.

What rental yield does Diamond Head show?

The gross rental yield in Diamond Head is 3.8% 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 Diamond Head?

The current vacancy rate in Diamond Head is 5.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

What schools are near Diamond Head?

There are 6 schools within roughly 5km of Diamond Head. 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 Diamond Head's population growing?

The population of Diamond Head has grown about 23% 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 Diamond Head from the CBD?

Diamond Head is about 71 km from the CBD.

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