Kangaroo Point
Kangaroo Point combines 77th-percentile household income ($2,058/week) with an 18.7% vacancy rate, a contradiction that suggests oversupply rather than weak demand in this 1.33 km2 inner-Brisbane peninsula. Apartments comprise 87.3% of dwellings and 63.3% of households rent, yet the IEO decile 9 and IRSAD decile 9 rank it among Brisbane's most advantaged postcodes. Population grew 39.4% over the decade, adding 299 residents per year, with overseas migration averaging 530 arrivals annually dwarfing internal movement of just 24 per year. The median age of 36 runs 4 years below national, and 59.0% of families are couples without children.
Population
9,689
Median Age
36.0
Household IncomeiMedian weekly household income (ABS Census)
$2,058/wk
DAs (12 months)iDevelopment Applications lodged in the past year
61
Median House
$557K
Estimated from rent (2025)
Detached houses account for just 9.6% of dwellings, making Kangaroo Point predominantly an apartment market at 87.3%. The estimated $557,000 median reflects unit-heavy sales, with two-bedrooms at 48.3% the dominant type and studio/one-bedrooms at 23.4%. Four-bedroom-plus stock at 6.4% is limited. Monthly mortgage repayments of $1,950 produce a mortgage-to-income ratio of 21.9%, well below the 30% stress threshold. Only 19.0% own outright and 17.7% carry mortgages, meaning nearly two-thirds of residents rent. Walking and cycling at 16.3% are above the Brisbane average, reflecting the peninsula's proximity to the CBD.
For Buyers
Detached houses account for just 9.6% of dwellings, making Kangaroo Point predominantly an apartment market at 87.3%. The estimated $557,000 median reflects unit-heavy sales, with two-bedrooms at 48.3% the dominant type and studio/one-bedrooms at 23.4%. Four-bedroom-plus stock at 6.4% is limited. Monthly mortgage repayments of $1,950 produce a mortgage-to-income ratio of 21.9%, well below the 30% stress threshold. Only 19.0% own outright and 17.7% carry mortgages, meaning nearly two-thirds of residents rent. Walking and cycling at 16.3% are above the Brisbane average, reflecting the peninsula's proximity to the CBD.
For Investors
Renters at 63.3% provide one of Brisbane's deeper tenant pools, more than double the national average. Median weekly rent of $450 against a $557,000 estimated median produces gross yield around 4.2%, above inner-city norms. The 18.7% vacancy rate, however, is a major concern, among the highest in the Brisbane metro area, and points to structural oversupply from the apartment construction wave. With 59 DAs in 12 months, the pipeline stays active. Overseas migration of 530 per year is the dominant demand source, while internal migration adds only 24, creating high exposure to shifts in international arrival patterns.
Development Activity
Total DAs
217
Last 12 Months
61
YoY ChangeiYear-over-year change in DA lodgements
+32.6%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Kangaroo Point iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Joseph's Primary School
Prep-6 · 302 students
Demographics
University qualifications at 53.0% run 22.9 percentage points above the national average, and the 77th-percentile household income places residents well above the median. English ancestry leads at 3,365, with Irish (1,414) and Scottish (1,091) forming a traditional Anglo-Celtic core. The 36.8% born overseas sits 15.2 points above the national average. Mandarin (102), Italian (57) and Portuguese (55) lead non-English languages. Average household size of 1.8 is far below the national 2.5, and couples without children at 59.0% dominate the family structure. Population turnover at 47.9% is high, reflecting the transient professional and renter base.
Age Distribution
Bedrooms
Dwelling Structure
9.6%
Houses
2.4%
Townhouse
87.3%
Apartment
Tenure
Only 19.0% own outright and 17.7% hold mortgages, with renters at 63.3% controlling tenure. Apartments at 87.3% dominate, with houses at 9.6% and semi-detached at 2.4%. Two-bedrooms (48.3%) lead the bedroom mix, followed by studio/one-bedrooms (23.4%) and three-bedrooms (21.9%). The estimated $557,000 median is moderate for inner Brisbane because the apartment-heavy mix pulls figures lower than a detached-house suburb. The mortgage-to-income ratio of 21.9% is comfortable, and affordability improved over the decade, with the housing cost ratio dropping from 43.9% to 38.5%.
Mortgage / mo
$1,950
Rent / wk
$450
HH Size
1.8
Personal Income / wk
$1,172
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
18.7%
Unoccupied
1,077
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
21.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.9%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
59.0%
Couples, no children
5,054
Total families
Economy & Employment
Professional/Technical services and Healthcare run nearly neck-and-neck at 16.7% (791) and 16.6% (787), followed by Education at 8.7% and Hospitality at 7.9%. Professionals form the largest occupation at 2,148, with Managers at 989, a white-collar dominated workforce consistent with the IRSAD decile 9. The full-time rate of 70.1% is high, and unemployment at 5.4% sits near the national average. Participation at 66.0% is above the national figure. Construction at 6.8% reflects ongoing development activity in the area. The IER decile 2, despite strong incomes, likely reflects the extreme renter share depressing area-level wealth metrics.
Unemployment
4.3%
Labour Force
8,875
Unemployed
382
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
70.1%
Part-time
24.5%
Participation
66.0%
Employed
5,682
Occupations
Top Industries
University
53.0%
Postgraduate
14.4%
Born Overseas
36.8%
Dwellings
4,665
Transport to Work
Walking and cycling at 16.3%, with public transport at 10.4% and car driving at 66.9%, give Kangaroo Point a more walkable profile than suburban Brisbane averages. One school serves the suburb: St Joseph's Primary School (ICSEA 1,129, 302 students, Catholic), sitting well above the national 1,000 benchmark. IRSAD decile 9 and IRSD decile 8 confirm high socio-economic advantage. Rent-to-income at 21.9% is comfortable, and the 14.6% volunteering rate sits close to the national average.
Drive
66.9%
Public Transport
10.4%
Walk / Cycle
16.3%
Work from Home
N/A
Population Forecast
+2.45%/yr
(+299 people/yr)
EstablishedPopulation growth averages 2.45% per year (299 persons), well above the national average, with 39.4% growth over the decade. Overseas migration of 530 per year is the primary driver, with internal migration adding just 24 per year. The medium forecast projects 13,551 by 2031, up from 12,054 in 2026. The gentrification score of 25 shows early signs: growth is accelerating from 17% to 38% over the decade. The senior share expanded by 2.5 percentage points while the working-age share contracted by 1.7 points, suggesting some aging even within this young-skewing suburb.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+530
Net Internal / yr
+24
Gentrification Signal
Early signs
Strong overseas inflow +530/yr, Accelerating: 17% → 38%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Kangaroo Point compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Kangaroo Point a good suburb to live in?
Kangaroo Point suits professionals who value inner-city access and walkability (16.3% walk/cycle). The IRSAD decile 9 confirms high socio-economic advantage, and 53.0% hold university degrees, 22.9 points above national. The apartment-dominated market (87.3%) means limited space, with average household size at 1.8. The 18.7% vacancy rate gives renters strong negotiating power.
What is the median house price in Kangaroo Point?
The estimated median is $557,000 (rent-derived, apartment-dominated). Weekly rent is $450 and monthly mortgage repayments sit at $1,950. The mortgage-to-income ratio of 21.9% is well below the 30% stress threshold, making it affordable relative to household incomes at the 77th percentile nationally.
What schools are in Kangaroo Point?
Kangaroo Point has 1 school: St Joseph's Primary School (ICSEA 1,129, 302 students, Catholic), sitting 129 points above the national 1,000 ICSEA benchmark. The high ICSEA score reflects the suburb's affluent demographic. Secondary students would need to access schools in neighbouring suburbs.
Is Kangaroo Point safe?
Crime data is not available for Kangaroo Point in the current dataset. The IRSD decile 8 indicates low disadvantage, and the IRSAD decile 9 confirms strong socio-economic conditions. The 4.1% needing-assistance rate is below the national average, and the relatively high volunteer rate of 14.6% suggests community engagement.
Is Kangaroo Point good for property investment?
The 63.3% renter share provides a deep tenant pool. Gross yield is roughly 4.2% ($450/week on $557,000). The critical risk is the 18.7% vacancy rate, one of Brisbane's highest, signalling oversupply. Population growth at 2.45% per year and 59 DAs in 12 months indicate both demand and ongoing supply. Overseas migration of 530 per year is the dominant demand source.
How is Kangaroo Point's population changing?
Growth is strong at 2.45% per year (299 people), producing 39.4% increase over the decade. Overseas migration of 530 per year is the primary driver, with minimal internal migration at 24 per year. The medium forecast projects 13,551 residents by 2031. The median age of 36 is 4 years below national.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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