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Suburb Insights ยท QLD 4740

Chelona 4740, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Chelona is a coastal suburb in Queensland, Australia, with a population of approximately 120, making it a boutique locality. Located approximately 795 km from the Brisbane CBD, Chelona is a coastal area in Queensland. The median household income is $101,816 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Above-average earnings in Chelona support sustained property values. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Chelona, Queensland, Australia.

Key Indicators

Postcode
4740

Official Australia Post postcode for Chelona. A postcode may cover multiple suburbs.

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Population
120

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$346/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$101,816/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
795 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,818/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
21% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Chelona, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $346/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,818/month. A median household income of $101,816/year supports premium property values and indicates a well-employed resident base. With only 21% separate houses, Chelona has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Chelona offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Chelona can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Chelona may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Chelona property

Full Property Analysis

30-year projections for Chelona

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Chelona is expected to see moderate price growth in 2026 as the broader Queensland market stabilises. The rental market in Chelona should see steady occupancy, with moderate upward pressure on rents. Chelona offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Chelona a good suburb for investment?

Chelona is a coastal area in Queensland with a population of 120. The median rent is $346/week and the median household income is $101,816/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Chelona?

Key demand drivers in Chelona include lifestyle appeal and proximity to the coast. 21% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Chelona?

According to the ABS 2021 Census, Chelona has a population of approximately 120. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Chelona from the Brisbane CBD?

Chelona is approximately 795 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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