Kearneys Spring, QLD 4350: Suburb Profile & Property Report

Market Report

House report
Unit Report

Kearneys Spring has 163 houses available for sale. The median property price for a house is currently $660,000 with annual capital growth of 8.20% . There were 171 house sales in the past 12 months. On average, houses spend 13 days on market.

If you're thinking about buying an investment property in Kearneys Spring, consider that rental yields for houses are currently 4.45% with an average median rent of $530 weekly. Houses have seen 0.38% growth in the past quarter, and 8.20% growth in the past 12 months.

The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2011 was 7,347 people. By 2016 the population was 8,557 showing a population growth of 16.5% in the area during that time. The predominant age group in Kearneys Spring is 20-29 years.

Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation. In 2011, 51.6% of the homes in Kearneys Spring were owner-occupied compared with 49.1% in 2016.

Kearneys Spring has 60 units available for sale. The median property price for a unit is currently $405,000 with annual capital growth of 16.21% . There were 69 unit sales in the past 12 months. On average, units spend 27 days on market.

If you're thinking about buying an investment property in Kearneys Spring, consider that rental yields for units are currently 5.51% with an average median rent of $400 weekly. Units have seen 4.92% growth in the past quarter, and 16.21% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$660,000	$405,000
Quarterly growth	+0.38%	+4.92%
12-month growth	+8.20%	+16.21%
Average annual growth	+11.67%	+6.19%
Weekly median rent	$530	$400
Gross rental yield	4.45%	5.51%
Number of Sales (12m)	171	69
Avg. Days on Market (12m)	13	27

Jump to Market Trends

Key Demographics	2011	2016
Total population	7,347	8,557
Population change (5y)	+7.02%	+16.50%
Median household income (p/w)	$943	$1,123
Household income change (5y)	+14.30%	+19.09%
Median age of persons	35	36

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Kearneys Spring is $660,000 for houses and $405,000 for units.

The Median Growth in Kearneys Spring over the past 12 months is 8.20% for houses and 16.21% for units.

Over the past 12 months there were 171 houses sold and 69 units sold in Kearneys Spring. On average, houses spent 13 days on market and units spent 27 days on market.

In the past 12 months up to August 2024 there were 171 houses sold and 69 units sold in Kearneys Spring. On average, houses spent 13 days on market and units spent 27 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Kearneys Spring is $530 for houses and $400 for units.

The Rental Yield in Kearneys Spring is 4.45% for houses and 5.51% 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 Kearneys Spring was 8,557 in 2016, a +16.50% change compared to 2011.

The predominant age group in Kearneys Spring is 20-29 years.

The population of Kearneys Spring was 8,557 in 2016, a +16.50% change compared to 2011.

The predominant age group in Kearneys Spring is 20-29 years.

Most of the population in Kearneys Spring were born in Australia.

Most of the population in Kearneys Spring report their religion as No Religion.

Most of the population in Kearneys Spring report their religion as Catholic.

Most of the population in Kearneys Spring report their income range as between $78,000 and $130,000 .

The median household income in Kearneys Spring was $1,123 in 2016, a +19.09% change compared to 2011.

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

The median household income in Kearneys Spring was $943 in 2011, a +14.30% change compared to 2006.

Most of the population in Kearneys Spring work as Professional.

The chart below demonstrates the various levels of education in Kearneys Spring.

Most of the population in Kearneys Spring reached a qualification level of Certificate.

2011 2016

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