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Koongal, QLD 4701

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

Data updated

Tight Rental MarketStrong Growth

Median House

$570,000

market range $525K-$600K

Median Unit

$480,000

list-price estimate

Gross Yield (houses)

5.0%

1yr Growth (houses)

+16.3%

market range +15.0% to +22.5%

Investment snapshot for Koongal

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

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Koongal market and investor summary

Koongal (QLD 4701) runs a median house price of $570K, with houses yielding a gross 5.0%. House prices have moved +16.3% over the past year and +79.6% over three years. At 1.5% 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 5.0% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking.

Living in Koongal: people, income and schools

About 4,252 people live in Koongal, a number that has held fairly steady over five years. The median age is 35, broadly working-age, and families account for 67% of households.

Households here earn a median of about $69,000 a year, or roughly $1,320 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 about 8.3 times local household income, in line with much of metropolitan Australia. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

There are 22 schools within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 4 for walkability and 34 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,252
+4% over 5yr
Median age
35 years
Median household income
$69,000/yr
Households renting
36%
Family households
67%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
22
avg ICSEA 894
Unemployment
3.9%
Walk score
4/100

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

Properties in Koongal

No properties currently listed in Koongal

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Frequently asked questions about Koongal

What should I check before investing in Koongal?

Koongal has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 5.0% gives a usable rent-to-price starting point. Capital growth of +16.3% 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 Koongal?

The median property price in Koongal, QLD 4701 is $570K for houses.

What rental yield does Koongal show?

The gross rental yield in Koongal is 5.0% for houses. 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 Koongal?

House prices in Koongal are up 16.3% over the past year and up 79.6% 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 Koongal?

The current vacancy rate in Koongal is 1.5%. 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 Koongal?

Koongal has a population of approximately 4,252 residents, with a median age of 35.

What schools are near Koongal?

There are 22 schools within roughly 5km of Koongal. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Koongal affordable to buy in?

A median house in Koongal costs about 8.3 times the median local household income (broadly in line with metropolitan Australia). 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 Koongal's population growing?

The population of Koongal has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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