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Patrick Estate, QLD 4311
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$990,000
list-price estimate
Median Unit
$680,000
list-price estimate
Gross Yield (houses)
2.4%
1yr Growth
-
Investment snapshot for Patrick Estate
Patrick Estate has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Patrick Estate market and investor summary
In Patrick Estate, QLD 4311, houses show a gross rental yield of 2.4%. At 1.4% 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 2.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.
Living in Patrick Estate: people, income and schools
Patrick Estate has a resident population of roughly 181, and the area has been growing steadily, up about 9% over five years. The median age is 47, skewed a little older, and families account for 83% of households.
Households here earn a median of about $53,000 a year, or roughly $1,030 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
There are 2 schools within about 5km, testing below the national school average on ICSEA. It is roughly 44 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 181
- +9% over 5yr
- Median age
- 47 years
- Median household income
- $53,000/yr
- Households renting
- 24%
- Family households
- 83%
- Socio-economic rank
- 1/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 910
- Unemployment
- 4.6%
- Distance to CBD
- 44 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 Patrick Estate
No properties currently listed in Patrick Estate
Search Patrick Estate listings →Frequently asked questions about Patrick Estate
What should I check before investing in Patrick Estate?
Patrick Estate has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% 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 rental yield does Patrick Estate show?
The gross rental yield in Patrick Estate is 2.4% for houses. 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 Patrick Estate?
The current vacancy rate in Patrick Estate is 1.4%. 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 Patrick Estate?
Patrick Estate has a population of approximately 181 residents, with a median age of 47.
What schools are near Patrick Estate?
There are 2 schools within roughly 5km of Patrick Estate. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Patrick Estate's population growing?
The population of Patrick Estate has grown about 9% 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 Patrick Estate from the CBD?
Patrick Estate is about 44 km from the CBD.
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