Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Meldale, QLD 4510
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$895,000
market range $875K-$1.3M
Median Unit
$490,000
Gross Yield (houses)
2.5%
1yr Growth
-
Investment snapshot for Meldale
Meldale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Meldale verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Meldale - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Meldale market and investor summary
In Meldale, QLD 4510, the median house sells for around $895K, on a gross rental yield of 2.5% for houses. At 0.8% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking. Houses also take time to sell, around 69 days on market, so plan for a slower exit if you ever need one.
Living in Meldale: people, income and schools
Meldale is home to around 230 people, and the area has been growing steadily, up about 15% over five years. At a median age of 55, it reads as an older, established demographic, and 79% 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 $59,000 a year (about $1,130 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to a steep 15.3 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Meldale sits about 49 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 230
- +15% over 5yr
- Median age
- 55 years
- Median household income
- $59,000/yr
- Households renting
- 13%
- Family households
- 78%
- Socio-economic rank
- 1/10
- ABS advantage index
- Unemployment
- 7.0%
- Distance to CBD
- 49 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Meldale
View all →Frequently asked questions about Meldale
What should I check before investing in Meldale?
Meldale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.9%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Meldale?
The median property price in Meldale, QLD 4510 is $895K for houses and $490K for units.
What rental yield does Meldale show?
The gross rental yield in Meldale is 2.5% for houses and 5.9% for units. 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 Meldale?
The current vacancy rate in Meldale is 0.8%. 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 Meldale?
Meldale has a population of approximately 230 residents, with a median age of 55.
Is Meldale affordable to buy in?
A median house in Meldale costs about 15.3 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 Meldale's population growing?
The population of Meldale has grown about 15% 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 Meldale from the CBD?
Meldale is about 49 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API