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Rasmussen, QLD 4815
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$600,000
market range $550K-$675K
Median Unit
$715,000
list-price estimate
Gross Yield (houses)
4.8%
1yr Growth (houses)
+17.7%
market range +12.5% to +20.0%
Investment snapshot for Rasmussen
Rasmussen has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Rasmussen market and investor summary
Rasmussen (QLD 4815) runs a median house price of $600K, with houses yielding a gross 4.8%. House prices have moved +17.7% over the past year and +82.7% over three years. At 1.3% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.
Living in Rasmussen: people, income and schools
About 4,669 people live in Rasmussen, a number that has held fairly steady over five years. The median age is 32, broadly working-age, and families account for 73% of households.
Households here earn a median of about $74,000 a year, or roughly $1,420 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 about 8.1 times local household income, in line with much of metropolitan Australia. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
There are 10 schools within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 3 for walkability and 20 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 4,669
- +4% over 5yr
- Median age
- 32 years
- Median household income
- $74,000/yr
- Households renting
- 43%
- Family households
- 73%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 10
- avg ICSEA 845
- Unemployment
- 8.0%
- 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 Rasmussen
View all →Frequently asked questions about Rasmussen
What should I check before investing in Rasmussen?
Rasmussen has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.8% gives a usable rent-to-price starting point. Capital growth of +17.7% 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 Rasmussen?
The median property price in Rasmussen, QLD 4815 is $600K for houses.
What rental yield does Rasmussen show?
The gross rental yield in Rasmussen is 4.8% 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 Rasmussen?
House prices in Rasmussen are up 17.7% over the past year and up 82.7% 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 Rasmussen?
The current vacancy rate in Rasmussen is 1.3%. 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 Rasmussen?
Rasmussen has a population of approximately 4,669 residents, with a median age of 32.
What schools are near Rasmussen?
There are 10 schools within roughly 5km of Rasmussen. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Rasmussen affordable to buy in?
A median house in Rasmussen costs about 8.1 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 Rasmussen's population growing?
The population of Rasmussen has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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