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
Picnic Bay, QLD 4819
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$735,000
market range $675K-$750K
Median Unit
$755,000
market range $450K-$775K
Gross Yield (houses)
1.9%
1yr Growth (houses)
+8.3%
market range +5.0% to +12.5%
Investment snapshot for Picnic Bay
Picnic Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Picnic Bay 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 Picnic Bay - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Picnic Bay market and investor summary
In Picnic Bay, QLD 4819, the median house sells for around $735K, on a gross rental yield of 1.9% for houses. House prices have moved +8.3% over the past year and +51.2% over three years. At 1.6% 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 1.9% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.
Living in Picnic Bay: people, income and schools
Picnic Bay is home to around 367 people, and the area has been growing steadily, up about 9% over five years. At a median age of 59, it reads as an older, established demographic, and families account for 52% of households.
The typical household income runs to around $45,000 a year (about $870 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 a steep 16.2 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.
There is 1 school within about 5km, testing close to the national school average on ICSEA.
- Population
- 367
- +9% over 5yr
- Median age
- 59 years
- Median household income
- $45,000/yr
- Households renting
- 34%
- Family households
- 52%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1010
- Unemployment
- 6.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Picnic Bay
No properties currently listed in Picnic Bay
Search Picnic Bay listings →Frequently asked questions about Picnic Bay
What should I check before investing in Picnic Bay?
Picnic Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +8.3% in the past year shows strong recent price momentum. 3-year capital growth of +51.2% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Picnic Bay?
The median property price in Picnic Bay, QLD 4819 is $735K for houses and $755K for units.
What rental yield does Picnic Bay show?
The gross rental yield in Picnic Bay is 1.9% for houses and 3.2% 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 Picnic Bay?
House prices in Picnic Bay are up 8.3% over the past year and up 51.2% 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 Picnic Bay?
The current vacancy rate in Picnic Bay is 1.6%. 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 Picnic Bay?
Picnic Bay has a population of approximately 367 residents, with a median age of 59.
What schools are near Picnic Bay?
There are 1 school within roughly 5km of Picnic Bay. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Picnic Bay affordable to buy in?
A median house in Picnic Bay costs about 16.2 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 Picnic Bay's population growing?
The population of Picnic Bay 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.
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