Get a property report and suburb profile for any property in Slacks Creek

Slacks Creek is a working-class, established suburb centred on the creek, with pockets of parkland and riparian bushland woven through quiet streets. Housing ranges from older lowset weatherboard and brick homes to more recent townhouses, and locals rely on neighbourhood shops, sporting fields and schools for day-to-day life. Good bus links and access to major motorways make commuting practical, so the area attracts families, long-term residents and commuters.

The suburb is home to 10,408 people with a median age of 35 and a median total household income of $1,301 a week (about $67,650 a year). Couple families with children are the largest family group at 38.5%, and owner-occupiers make up 55.5% of households while renters account for 44.5%. Slacks Creek is included in a cluster of Meadowbrook-area projects that will add a shared pathway and pedestrian bridge, cycling links, a planned bus interchange and road upgrades. The nearby Meadowbrook health and education precinct, anchored by Logan Hospital and tertiary facilities, plus targeted funding for local sport and creek recovery, all shape everyday life there.

A median house sits at $940,000, which is about 13.9 times a typical local annual household income at the last Census. In Slacks Creek the median household earned about $1,301 a week at the last Census, and on those figures renting also takes a large slice of income: a house rent of $600 a week would be about 46.1% of that weekly income (a large share), while a unit rent of $450 a week would be about 34.6% (a sizeable share). Whether that feels expensive depends on your own income and circumstances.

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

Value gains were the clearest movement in Slacks Creek over the past 12 months. Median unit values jumped 22.0% and median house values rose 18.8% — both large increases, with units the stronger performer on capital growth. Rents moved more slowly: house rents climbed a solid 5.3% while unit rents increased a modest 2.3%. Taken together, capital growth outpaced rental income this year, and the stronger performer depended on the asset type (units led on price growth; houses led on rent growth).

Whether that balance suits an individual investor depends on whether you are prioritising capital growth or rental income, and on your own goals and circumstances.

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.