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Kureelpa, QLD 4560

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,455,000

market range $1.4M-$1.5M

Median Unit

$520,000

Gross Yield (units)

6.8%

1yr Growth (houses)

+15.3%

market range +5.0% to +17.5%

Investment snapshot for Kureelpa

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

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Kureelpa market and investor summary

In Kureelpa, QLD 4560, the median house sells for around $1.5M. House prices have moved +15.3% over the past year and +31.9% over three years. At 2.3% vacancy, it is a broadly balanced rental market.

Houses also take time to sell, around 101 days on market, so plan for a slower exit if you ever need one.

Living in Kureelpa: people, income and schools

Kureelpa is home to around 968 people, and the area has been growing steadily, up about 11% over five years. At a median age of 50, it reads as an older, established demographic, and 87% 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 $93,000 a year (about $1,780 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 15.7 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.

Families have 3 schools within roughly 5km to choose from, testing a little above 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
968
+11% over 5yr
Median age
50 years
Median household income
$93,000/yr
Households renting
10%
Family households
85%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
3
avg ICSEA 1045
Unemployment
5.5%
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 Kureelpa

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Frequently asked questions about Kureelpa

What should I check before investing in Kureelpa?

Kureelpa has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 6.8%, before expenses, tax and loan costs. Capital growth of +15.3% 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 Kureelpa?

The median property price in Kureelpa, QLD 4560 is $1.5M for houses and $520K for units.

What rental yield does Kureelpa show?

The gross rental yield in Kureelpa is 6.8% 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 Kureelpa?

House prices in Kureelpa are up 15.3% over the past year and up 31.9% 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 Kureelpa?

The current vacancy rate in Kureelpa is 2.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Kureelpa?

Kureelpa has a population of approximately 968 residents, with a median age of 50.

What schools are near Kureelpa?

There are 3 schools within roughly 5km of Kureelpa. 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 Kureelpa affordable to buy in?

A median house in Kureelpa costs about 15.7 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 Kureelpa's population growing?

The population of Kureelpa has grown about 11% 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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