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Vernor, QLD 4306
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$920,000
list-price estimate
Median Unit
$715,000
list-price estimate
Gross Yield (houses)
3.0%
1yr Growth
-
Investment snapshot for Vernor
Vernor has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Vernor market and investor summary
In Vernor, QLD 4306, houses show a gross rental yield of 3.0%. At 1.2% 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 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.
Living in Vernor: people, income and schools
Vernor has a resident population of roughly 235, and the area has been growing steadily, up about 44% over five years. The median age is 48, skewed a little older, and 88% 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 $79,000 a year, or roughly $1,520 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.
There are 3 schools within about 5km, testing below the national school average on ICSEA. It is roughly 40 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 235
- +44% over 5yr
- Median age
- 48 years
- Median household income
- $79,000/yr
- Households renting
- 13%
- Family households
- 81%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 3
- avg ICSEA 934
- Unemployment
- 2.7%
- Distance to CBD
- 40 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 Vernor
View all →Frequently asked questions about Vernor
What should I check before investing in Vernor?
Vernor has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.2% 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 rental yield does Vernor show?
The gross rental yield in Vernor is 3.0% for houses. 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 Vernor?
The current vacancy rate in Vernor is 1.2%. 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 Vernor?
Vernor has a population of approximately 235 residents, with a median age of 48.
What schools are near Vernor?
There are 3 schools within roughly 5km of Vernor. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Vernor's population growing?
The population of Vernor has grown about 44% 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 Vernor from the CBD?
Vernor is about 40 km from the CBD.
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