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Veresdale Scrub, QLD 4285
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$960,000
list-price estimate
Median Unit
$1,735,000
Gross Yield (houses)
2.6%
1yr Growth
-
Investment snapshot for Veresdale Scrub
Veresdale Scrub has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Veresdale Scrub market and investor summary
In Veresdale Scrub, QLD 4285, houses show a gross rental yield of 2.6%. At 1.0% 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 2.6% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking.
Living in Veresdale Scrub: people, income and schools
Veresdale Scrub has a resident population of roughly 548, and the area has been growing steadily, up about 16% over five years. The median age is 38, broadly working-age, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $125,000 a year, or roughly $2,400 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 14% 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 50 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 548
- +16% over 5yr
- Median age
- 38 years
- Median household income
- $125,000/yr
- Households renting
- 15%
- Family households
- 91%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 947
- Unemployment
- 4.6%
- Distance to CBD
- 50 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 Veresdale Scrub
View all →Frequently asked questions about Veresdale Scrub
What should I check before investing in Veresdale Scrub?
Veresdale Scrub has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.0% 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 are typical property prices in Veresdale Scrub?
The median property price in Veresdale Scrub, QLD 4285 is $1.7M for units.
What rental yield does Veresdale Scrub show?
The gross rental yield in Veresdale Scrub is 2.6% for houses and 1.8% for units. 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 Veresdale Scrub?
The current vacancy rate in Veresdale Scrub is 1.0%. 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 Veresdale Scrub?
Veresdale Scrub has a population of approximately 548 residents, with a median age of 38.
What schools are near Veresdale Scrub?
There are 2 schools within roughly 5km of Veresdale Scrub. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Veresdale Scrub's population growing?
The population of Veresdale Scrub has grown about 16% 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 Veresdale Scrub from the CBD?
Veresdale Scrub is about 50 km from the CBD.
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