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Meringandan West, QLD 4352
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$950,000
market range $925K-$1.1M
Median Unit
$760,000
Gross Yield (units)
3.8%
1yr Growth (houses)
+16.8%
market range +10.0% to +27.5%
Investment snapshot for Meringandan West
Meringandan West has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Meringandan West market and investor summary
Meringandan West (QLD 4352) runs a median house price of $950K. House prices have moved +16.8% over the past year. At 6.3% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 6.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Meringandan West: people, income and schools
About 2,488 people live in Meringandan West, and the area has been growing steadily, up about 13% over five years. The median age is 32, broadly working-age, and 90% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $114,000 a year, or roughly $2,190 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.3 times local household income, in line with much of metropolitan Australia.
There are 2 schools within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 10 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 2,488
- +13% over 5yr
- Median age
- 32 years
- Median household income
- $114,000/yr
- Households renting
- 9%
- Family households
- 88%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1040
- Unemployment
- 1.5%
- Walk score
- 10/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Meringandan West
View all →Frequently asked questions about Meringandan West
What should I check before investing in Meringandan West?
Meringandan West has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +16.8% 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 Meringandan West?
The median property price in Meringandan West, QLD 4352 is $950K for houses and $760K for units.
What rental yield does Meringandan West show?
The gross rental yield in Meringandan West is 3.8% 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 Meringandan West?
House prices in Meringandan West are up 16.8% over the past year. 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 Meringandan West?
The current vacancy rate in Meringandan West is 6.3%. 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.
How many people live in Meringandan West?
Meringandan West has a population of approximately 2,488 residents, with a median age of 32.
What schools are near Meringandan West?
There are 2 schools within roughly 5km of Meringandan West. 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 Meringandan West affordable to buy in?
A median house in Meringandan West 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 Meringandan West's population growing?
The population of Meringandan West has grown about 13% 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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