ANDERGROVE
Investor score
61
Liveability score
38
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
Est.—
no recent data
Rent yield
Est.5.8%
rent real · price estimated
Annual growth
Est.7.4%
modelled estimate
Vacancy rate
Est.1.2%
modelled estimate
AI insights for ANDERGROVE
Investment analysis, risks & comparisons
ANDERGROVE shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
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Median rent
$604/wk
QLD RTA Bond Stats · Mar 2026
Demand change
+7.4%
annual shift
Yield × growth index
6.6
combined signal
Net yield (est.)
3.44%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+12.5%
est. compound, long-run avg
10-yr growth (CAGR)
+9.7%
est. compound, long-run avg
Rental demand
66 / 100
Strong demand
Supply pipeline
Est.3.9%
new dwellings approved / stock · Modelled estimate
High supply risk
5-year price history
No price history available.
Market overview
ANDERGROVE is a QLD suburb offering high rental yield and strong price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.
Highlights
- Strong rental yield of 5.8%
- High annual growth of 7.4% — outperforming state average
- Very low vacancy rate — high rental demand
- Access to national transport network and amenities
Risk factors
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,839/wk
$54k taxable p.a.
Renters
31.6%
64.1% owner-occupier
Median age
38.0 yrs
Unemployment
5.1%
Population growth
+2.8% p.a.
Investor-owned
11.0%
of all dwellings (ATO)
Houses
89%
6% apartments
Degree qualified
15.5%
bachelor's or higher (ABS)
Work from home
14.7%
of employed residents (ABS Census)
Median lot size
850 m²
Large block
Household size
2.4 persons
avg per dwelling (ABS Census)
Short-term rental
2.6%
Mostly long-term tenants
Market activity
Distance to CBD
791.1 km
Regional
Days on market
33 days
Normal turnover
Auction clearance
35.7%
Buyer's market
Walkability
0 / 100
Car-dependent
Coastal proximity
25.7 km
Coastal fringe
NBN technology
Fixed WirelessRegional — wireless tower
Population density
1,204/km²
Suburban
Schools in postcode 4740
🏫Primary (21)
St Mary's Catholic Primary School
Catholic · Yrs Prep-6 · Inner Regional
St Francis Xavier Catholic Primary School
Catholic · Yrs Prep-6 · Inner Regional
Emmanuel Catholic Primary School
Catholic · Yrs Prep-6 · Inner Regional
St Brendan's Catholic Primary School
Catholic · Yrs Prep-6 · Inner Regional
St Joseph's Catholic Primary School
Catholic · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
MacKillop Catholic Primary School
Catholic · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Outer Regional
Government · Yrs Prep-6 · Outer Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Inner Regional
🎓Secondary (6)
Catholic · Yrs 7-12 · Inner Regional
Catholic · Yrs 7-12 · Inner Regional
Mackay North State High School
Government · Yrs 7-12 · Inner Regional
Mackay Northern Beaches State High School
Government · Yrs 7-12 · Inner Regional
Government · Yrs 7-12 · Inner Regional
Government · Yrs 7-12 · Inner Regional
📚Combined (3)
Independent · Yrs Prep-12 · Inner Regional
Independent · Yrs Prep-12 · Inner Regional
Independent · Yrs Prep-12 · Inner Regional
⭐Special (2)
Mackay District Special School
Government · Yrs Prep-12 · Inner Regional
Kutta Mulla Gorinna Special Assistance School
Independent · Yrs 7-12 · Inner Regional
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
Moderate12.0 offences / 100 persons
Source: QLD Police · 2024-25
School quality
Average32 schools in postcode area
Source: ACARA My School 2025
Transit access
GoodSource: State GTFS feeds
Gentrification signal
24
/ 100
Established suburb with stable demographics. Consistent demand but lower gentrification upside.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Cyclone risk
QLD/NT tropical cyclone zone
Live suburb intelligence
Fetching live data…Location
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