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Urraween, QLD 4655

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

Data updated

Tight Rental MarketStrong Growth

Median House

$830,000

market range $775K-$900K

Median Unit

$625,000

market range $550K-$675K

Gross Yield (units)

4.8%

1yr Growth (houses)

+12.3%

market range +7.5% to +20.0%

Investment snapshot for Urraween

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

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Urraween market and investor summary

Urraween (QLD 4655) runs a median house price of $830K. House prices have moved +12.3% over the past year and +27.9% over three years. At 1.9% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.

Living in Urraween: people, income and schools

About 7,951 people live in Urraween, and the area has been growing steadily, up about 12% over five years. The median age is 55, an older, established demographic, and 71% of homes are owner-occupied.

Households here earn a median of about $55,000 a year, or roughly $1,060 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 15.0 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.

There are 11 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 11 for walkability and 15 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
7,951
+12% over 5yr
Median age
55 years
Median household income
$55,000/yr
Households renting
21%
Family households
71%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
11
avg ICSEA 1004
Unemployment
4.2%
Walk score
11/100

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

Properties in Urraween

No properties currently listed in Urraween

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Frequently asked questions about Urraween

What should I check before investing in Urraween?

Urraween has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Capital growth of +12.3% 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 Urraween?

The median property price in Urraween, QLD 4655 is $830K for houses and $625K for units.

What rental yield does Urraween show?

The gross rental yield in Urraween is 4.8% 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 Urraween?

House prices in Urraween are up 12.3% over the past year and up 27.9% 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 Urraween?

The current vacancy rate in Urraween is 1.9%. 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 Urraween?

Urraween has a population of approximately 7,951 residents, with a median age of 55.

What schools are near Urraween?

There are 11 schools within roughly 5km of Urraween. 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 Urraween affordable to buy in?

A median house in Urraween costs about 15.0 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 Urraween's population growing?

The population of Urraween 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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