Get a property report and suburb profile for any property in Crestmead

Crestmead is a working-class, family-focused suburb on Brisbane’s southern fringe, made up largely of low-set single-family homes with some newer estate pockets and roomy blocks. It has a community of 12,271 people, a young median age of 29 and a median household income of $1,468 a week, and the population is weighted towards couple families with children. Homes are more often owner-occupied than rented, and the area attracts families and tradespeople who value affordable space.

Everyday life centres on local shopping strips, community and sporting facilities, several parks and playgrounds, regular bus services and straightforward road links to nearby employment hubs, schools and larger shopping centres. A number of transport and road projects are being progressed and school and community-centre works are also happening, so the suburb’s practical infrastructure is a noticeable part of local life. Whether Crestmead suits you will come down to whether you want roomy, affordable suburban housing with basic amenities close at hand.

Buying a house in Crestmead works out to about 11.4 times a typical local household's annual income at the last Census, so purchase prices sit well above local incomes recorded then. On the rental side, the numbers are also notable: a $600 a week house rent would take roughly 41% of a typical local household's weekly income at the last Census, a large share, while a $475 a week unit would take about 32%, a sizeable share.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The most striking movement in Crestmead over the past year is house values, which climbed 18.0%, a strong rise in what houses are worth. House rents rose 9.1% over the year, a solid increase but smaller than the gain in house values, so capital growth outpaced rental growth on the house side.

Unit rents increased 5.6% over the year, a solid but more modest rise than house rents. Which of these outcomes matters most will depend on whether you are prioritising capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.