Harristown, QLD 4350: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Harristown, the median property price for a house is currently $550,000 with annual capital growth of 19.44% . There were 177 house sales in the past 12 months. On average, houses spend 11 days on market.

If you're thinking about buying an investment property in Harristown, consider that rental yields for houses are currently 4.95% with an average median rent of $480 weekly. Houses have seen 5.77% growth in the past quarter, and 19.44% growth in the past 12 months.

The size of Harristown is approximately 7.2 square kilometres. It has 18 parks covering nearly 2.8% of total area. The population of Harristown in 2011 was 8,490 people. By 2016 the population was 8,550 showing a population growth of 0.7% in the area during that time. The predominant age group in Harristown is 20-29 years.

Households in Harristown are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harristown work in a trades occupation. In 2011, 56.4% of the homes in Harristown were owner-occupied compared with 53.9% in 2016.

In Harristown, the median property price for a unit is currently $362,500 with annual capital growth of 41.60% . There were 36 unit sales in the past 12 months. On average, units spend 16 days on market.

If you're thinking about buying an investment property in Harristown, consider that rental yields for units are currently 5.79% with an average median rent of $410 weekly. Units have seen 3.20% growth in the past quarter, and 41.60% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$550,000	$362,500
Quarterly growth	+5.77%	+3.20%
12-month growth	+19.44%	+41.60%
Average annual growth	+12.52%	+6.67%
Weekly median rent	$480	$410
Gross rental yield	4.95%	5.79%
Number of Sales (12m)	177	36
Avg. Days on Market (12m)	11	16

Jump to Market Trends

Key Demographics	2011	2016
Total population	8,490	8,550
Population change (5y)	+6.79%	+0.70%
Median household income (p/w)	$858	$981
Household income change (5y)	+23.28%	+14.34%
Median age of persons	37	38

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Harristown is $550,000 for houses and $362,500 for units.

The Median Growth in Harristown over the past 12 months is 19.44% for houses and 41.60% for units.

Over the past 12 months there were 177 houses sold and 36 units sold in Harristown. On average, houses spent 11 days on market and units spent 16 days on market.

In the past 12 months up to September 2024 there were 177 houses sold and 36 units sold in Harristown. On average, houses spent 11 days on market and units spent 16 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Harristown is $480 for houses and $410 for units.

The Rental Yield in Harristown is 4.95% for houses and 5.79% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Harristown was 8,550 in 2016, a +0.70% change compared to 2011.

The predominant age group in Harristown is 20-29 years.

The population of Harristown was 8,550 in 2016, a +0.70% change compared to 2011.

The predominant age group in Harristown is 20-29 years.

Most of the population in Harristown were born in Australia.

Most of the population in Harristown report their religion as Catholic.

Most of the population in Harristown report their income range as between $15,000 and $33,000 .

The median household income in Harristown was $981 in 2016, a +14.34% change compared to 2011.

Most of the population in Harristown report their income range as between $15,000 and $31,000 .

The median household income in Harristown was $858 in 2011, a +23.28% change compared to 2006.

Most of the population in Harristown work as Trades.

The chart below demonstrates the various levels of education in Harristown.

Most of the population in Harristown reached a qualification level of Certificate.

2011 2016

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