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Point Vernon, QLD 4655

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

Data updated

Strong Growth

Median House

$815,000

market range $750K-$925K

Median Unit

$555,000

market range $525K-$850K

Gross Yield (houses)

4.0%

1yr Growth (houses)

+14.4%

market range +12.5% to +20.0%

Investment snapshot for Point Vernon

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

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Point Vernon market and investor summary

In Point Vernon, QLD 4655, the median house sells for around $815K, on a gross rental yield of 4.0% for houses. House prices have moved +14.4% over the past year and +37.4% over three years. At 2.9% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.0% is neither a standout cashflow play nor a pure growth bet.

Living in Point Vernon: people, income and schools

Point Vernon is home to around 5,718 people, and the area has been growing steadily, up about 12% over five years. At a median age of 52, it reads as an older, established demographic, and 72% 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 $56,000 a year (about $1,080 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 14.6 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 6 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 3 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
5,718
+12% over 5yr
Median age
52 years
Median household income
$56,000/yr
Households renting
25%
Family households
70%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
6
avg ICSEA 981
Unemployment
5.0%
Walk score
3/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Point Vernon

No properties currently listed in Point Vernon

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Frequently asked questions about Point Vernon

What should I check before investing in Point Vernon?

Point Vernon has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.0% gives a usable rent-to-price starting point. Capital growth of +14.4% 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 Point Vernon?

The median property price in Point Vernon, QLD 4655 is $815K for houses and $555K for units.

What rental yield does Point Vernon show?

The gross rental yield in Point Vernon is 4.0% for houses. 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 Point Vernon?

House prices in Point Vernon are up 14.4% over the past year and up 37.4% 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 Point Vernon?

The current vacancy rate in Point Vernon is 2.9%. 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 Point Vernon?

Point Vernon has a population of approximately 5,718 residents, with a median age of 52.

What schools are near Point Vernon?

There are 6 schools within roughly 5km of Point Vernon. 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 Point Vernon affordable to buy in?

A median house in Point Vernon costs about 14.6 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 Point Vernon's population growing?

The population of Point Vernon has grown about 12% 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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