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Garbutt, QLD 4814
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$595,000
market range $525K-$700K
Median Unit
$405,000
market range $350K-$625K
Gross Yield (houses)
4.9%
1yr Growth (houses)
+17.9%
market range +10.0% to +22.5%
Investment snapshot for Garbutt
Garbutt has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Garbutt market and investor summary
In Garbutt, QLD 4814, the median house sells for around $595K, on a gross rental yield of 4.9% for houses. House prices have moved +17.9% over the past year and +82.8% over three years. At 0.1% 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 4.9% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.1% and a resident base that is not shrinking.
Living in Garbutt: people, income and schools
Garbutt has a resident population of roughly 2,309, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, with renters making up 55% of households.
The typical household income runs to around $56,000 a year (about $1,080 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 10.6 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Families have 29 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 11 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 2,309
- +3% over 5yr
- Median age
- 42 years
- Median household income
- $56,000/yr
- Households renting
- 55%
- Family households
- 49%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 29
- avg ICSEA 984
- Unemployment
- 4.0%
- Walk score
- 11/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Garbutt
View all →Frequently asked questions about Garbutt
What should I check before investing in Garbutt?
Garbutt has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.9% gives a usable rent-to-price starting point. Capital growth of +17.9% 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 Garbutt?
The median property price in Garbutt, QLD 4814 is $595K for houses and $405K for units.
What rental yield does Garbutt show?
The gross rental yield in Garbutt is 4.9% for houses and 4.9% 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 Garbutt?
House prices in Garbutt are up 17.9% over the past year and up 82.8% 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 Garbutt?
The current vacancy rate in Garbutt is 0.1%. 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 Garbutt?
Garbutt has a population of approximately 2,309 residents, with a median age of 42.
What schools are near Garbutt?
There are 29 schools within roughly 5km of Garbutt. 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 Garbutt affordable to buy in?
A median house in Garbutt costs about 10.6 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 Garbutt's population growing?
The population of Garbutt has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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