Sandstone Point is a residential suburb in Queensland, sitting within the 4511 postcode. Located approximately 45km from the Brisbane CBD, the suburb benefits from solid transport and amenity access.
Sandstone Point has a population of approximately 4,094, a median age of 59, a median weekly household income of $1,074. With 80% owner-occupier rate, this is predominantly a homeowner market, which supports long-term price stability. Across the broader LGA, 28.3% of residents hold a university qualification.
Key employment industries in the broader local government area include Health Care and Social Assistance (16.8%), Construction (11.2%), Retail Trade (10.5%).
The current median house price in Sandstone Point is $890,000. The suburb has delivered strong average annual growth of 13.4% over the past five years, outperforming many comparable markets. In the past 12 months, prices have increased 11.6%.
Properties in Sandstone Point spend an average of 18 days on market. Online buyer demand is currently rated as high online demand. Stock on market sits at 0.44%. With inventory levels at just 1.45 months, supply is tight relative to demand. The average vendor discount is -3.6%, meaning sellers are typically negotiating below asking price.
The median weekly rent for houses in Sandstone Point is $698. Gross rental yield is 4.08%, providing a solid income return. The vacancy rate of 0.11% signals very strong rental demand. Rents have grown 10.79% over the past 12 months.
The broader local government area is forecast to grow from 545,646 to 618,652 residents by 2031, representing 13.4% population growth. This level of growth typically supports continued demand for housing and infrastructure investment.
Explore other suburb profiles in the area: Beachmere, QLD, Bellmere, QLD, Caboolture South, QLD, Caboolture, QLD, Mango Hill, QLD.
Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Sandstone Point or need help identifying the right suburb for your strategy, get in touch with our team.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.