QLD4370· Pop. 75Southern Downs

Upper Freestone

EstablishedSteady performer with reliable demand and moderate capital growth
51BalancedInvestor score
Weak020Soft2140Balanced4160Strong6180Standout81100

Middle of the market across our four factors

Beats 41% of QLD suburbs

#2,259 of 3,836 in QLD · #8,705 of 17,753 nationally

Liveability score

39/ 100

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Est.

$430,000

Modelled estimate · 2026

Rent yield

Est.

3.1%

modelled estimate

Annual growth

Real

5.1%

annualised from govt data

Vacancy rate

Est.

1.7%

modelled estimate

Investment checklist

The parameters investors screen on, checked against Upper Freestone.

9 of 15

checks passed

Cash flow

2/4

Growth drivers

4/4

Supply & demand

2/2

Risk

1/1

Location quality

0/4

15 parameters · 15 with data for Upper Freestone · 7 of those from government sources

Gross rental yieldEST.

Annual rent as a share of price — the headline cash-flow measure, before costs.

3.14%

3.5% or higher

Vacancy rateEST.

Under 2% is a landlord's market; above 3% means falling rents and letting-up periods.

1.7%

under 2%

New-supply pipelineREAL

New dwellings approved as a share of existing stock. The most reliable growth killer — lots of cranes caps prices.

1.1%

under 2% of stock

Net yield (after costs)EST.

Gross yield minus rates, insurance, management and maintenance — typically 1.5–2 points lower.

6.63%

2.5% or higher

Rental demandEST.

Composite of tenant competition — how quickly a vacancy is likely to fill.

58/100

60 or higher

Annual price growthEST.

Most long-run return comes from growth compounding on the whole asset, not your deposit.

5.1%

4% or higher

5-year growth (p.a.)EST.

Medium-run trend — less noisy than a single year.

4.5%

4% or higher

10-year growth (p.a.)EST.

Whether the market has compounded through a full cycle, not just a boom.

7.3%

5% or higher

Population growthEST.

Demand growth — but it only lifts prices where supply can't easily respond.

1.1%

1% or higher

Owner-occupier shareREAL

Owner-heavy streets hold up in downturns; investor-heavy ones see correlated selling.

66.7%

65% or higher

Safety indexREAL

Tenant demand and owner-occupier appeal both track perceived safety.

88/100

60 or higher

School quality (ICSEA)REAL

Catchment strength is the most durable driver of family-buyer demand.

953

1000 or higher

Transit accessREAL

Commute access widens the tenant pool and supports rents.

13/100

40 or higher

WalkabilityREAL

Amenity within walking distance is consistently capitalised into price.

14/100

40 or higher

UnemploymentREAL

Local income security underwrites both rent payment and buyer depth.

4.5%

under 4%

12 more checks on Upper Freestone

Every parameter with its value, the threshold it's judged against, and why it matters — on all 17,958 suburbs.

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What each parameter means

Verify these yourself

No dataset covers everything. These matter to the decision and we don't hold them — here's where to look.

  • Days on market

    How fast stock clears is a leading indicator — it moves before prices do. We have no free suburb-level source for it.

    Count active listings on realestate.com.au or Domain and check their listing dates, or ask two local agents.

  • Auction clearance

    Buyer competition at the margin. Only meaningful where auctions are actually common — in outer and regional suburbs most sales are private treaty, so a clearance rate says little.

    Your state's Real Estate Institute publishes weekly clearance rates by region.

  • Flood risk

    Drives insurance cost and, increasingly, insurability — which caps the resale pool. No free national dataset exists at suburb level; it is mapped council by council.

    Search your council's flood overlay or planning portal for the specific address — risk varies street by street, so a suburb-wide rating would mislead even if we had one.

  • Bushfire risk

    Same insurance exposure, plus rebuild-standard costs inside designated zones.

    Check your state's designated bushfire-prone area mapping — NSW Planning Portal, VIC's BPA layer on VicPlan, Queensland Globe, or WA's Map Viewer Plus.

  • Strata and body corporate costs

    For units this can swallow a third of gross rent, and a special levy can arrive without warning.

    Ask for the strata report and the last two years of minutes before you offer.

  • What the street is actually like

    Suburb medians average over streets that trade very differently — a main road, a flight path or a commission block will not show up in any of the figures above.

    Walk it at night and on a weekday morning. Nothing on this page substitutes for that.

AI insights for Upper Freestone

Investment analysis, risks & comparisons

PREMIUM

Upper Freestone 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.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

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Modelled estimate — no government price is published for this suburb, so we estimate it from real median rent + local factors (~15% typical error). Not real transaction data. Rent, schools, safety and demographics on this page are real.

Median rent

Est.

$260/wk

modelled estimate · weekly

Demand change

+4.8%

annual shift

Yield × growth index

4.1

combined signal

Net yield (est.)

6.63%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.5%

est. compound, long-run avg

10-yr growth (CAGR)

+7.3%

est. compound, long-run avg

Rental demand

58 / 100

Strong demand

Supply pipeline

Real

1.1%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

Dwellings built (QLD)

Real

33,060

completed in year to Mar-2026 · ABS 8752.0 (state)

2.3% vs prior year · 43,284 started

Price & rent growth

How Upper Freestone has moved — and whether rent has kept pace with price

No price or rent history available yet.

Source: Modelled estimate · 2026 · all sources

Market overview

Upper Freestone is a QLD suburb offering lower rental yield and steady price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 3.1% with stable tenant demand
  • Consistent annual growth of 5.1%
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,145/wk

$38k taxable p.a.

Renters

29.0%

66.7% owner-occupier

Median age

45.0 yrs

Unemployment

4.5%

ABS SALM (SA2)

Population growth

+1.1% p.a.

Projected growth

+0.4% p.a.

state gov forecast

Socio-economic

2/10

SEIFA IRSAD decile · ABS

Investor-owned

10.0%

of all dwellings (ATO)

Houses

100%

0% apartments

Degree qualified

23.1%

bachelor's or higher (ABS)

Work from home

13.4%

of employed residents (ABS Census)

Median lot size

2.7 ha

Large block

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

2.9%

Mostly long-term tenants

Market activity

Distance to CBD

108.0 km

Regional

Walkability

14 / 100

Car-dependent

Coastal proximity

101.9 km

Inland

NBN technology

Fixed Wireless

Regional — wireless tower

Population density

130/km²

Low density

Schools in postcode 4370

🏫9 Primary🎓2 Secondary📚3 Combined
ACARA 2025

🏫Primary (9)

Murray's Bridge State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 1003(48%)
12 students6:1 student–teacher25% girls10% top SEA quarter

St Mary's School

Catholic · Yrs Prep-6 · Inner Regional

ICSEA 1002(48%)
321 students17:1 student–teacher47% girls12% top SEA quarter

Freestone State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 979(37%)
24 students8:1 student–teacher29% girls

Wheatvale State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 958(28%)
37 students13:1 student–teacher57% girls3% top SEA quarter

Warwick West State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 949(24%)
530 students14:1 student–teacher47% girls6% top SEA quarter

Maryvale State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 923(16%)
6 students4:1 student–teacher33% girls

Warwick East State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 923(16%)
237 students12:1 student–teacher50% girls3% top SEA quarter

Warwick Central State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 863(6%)
155 students11:1 student–teacher45% girls2% top SEA quarter

Glennie Heights State School

Government · Yrs Prep-6 · Inner Regional

ICSEA 860(5%)
139 students13:1 student–teacher50% girls2% top SEA quarter

🎓Secondary (2)

Assumption College

Catholic · Yrs 7-12 · Inner Regional

ICSEA 994(44%)
444 students11:1 student–teacher50% girls11% top SEA quarter

Warwick State High School

Government · Yrs 7-12 · Inner Regional

ICSEA 920(15%)
702 students11:1 student–teacher50% girls6% top SEA quarter

📚Combined (3)

The SCOTS PGC College

Independent · Yrs Prep-12 · Inner Regional

ICSEA 1008(51%)
470 students10:1 student–teacher50% girls12% top SEA quarter

The School of Total Education

Independent · Yrs Prep-12 · Inner Regional

ICSEA 985(40%)
122 students8:1 student–teacher52% girls14% top SEA quarter

Warwick Christian College

Independent · Yrs Prep-12 · Inner Regional

ICSEA 971(34%)
183 students14:1 student–teacher55% girls8% top SEA quarter

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

Safe
88/ 100

2.5 offences / 100 persons

Source: QLD Police · 2021-22 (division)

School quality

Average
953ICSEA · national avg 1000

14 schools in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent
13/ 100
🚆 0 train🚌 2 bus

Source: State GTFS feeds

Gentrification signal

11

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

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Location

Properties in Upper Freestone

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Common questions about Upper Freestone

What is the median house price in Upper Freestone?

The median house price in Upper Freestone, QLD 4370 is estimated at $430,000. This is a modelled estimate, not a recorded sale figure — treat it as approximate and confirm against recent local sales.

Is Upper Freestone a good investment?

Upper Freestone, QLD 4370 scores below average against our investment checklist, at 51 out of 100, with a gross yield of about 3.1%, estimated annual growth of 5.1%, a median around $430,000. Yield and growth figures are modelled estimates, so use them to compare suburbs rather than as a forecast. The full checklist on this page breaks the score into cash flow, growth, supply and risk.

Is Upper Freestone a safe suburb?

Upper Freestone scores 88 out of 100 for safety, which is well above the national average. The score is built from state police offence data for this area, not resident sentiment.

What are the schools like in Upper Freestone?

Upper Freestone has 14 schools in or near the suburb, with an average ICSEA of 953 — below the Australian average of 1000. ICSEA is ACARA's index of educational advantage.

How far is Upper Freestone from the city, and what is transport like?

Upper Freestone is about 108 km from the CBD, with a public-transport score of 13 out of 100, calculated from actual train, tram and bus stops nearby, with a Walk Score of 14.

Answers are generated from the data on this page. Figures marked as estimates are modelled, not recorded transactions.

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