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Suburb Insights ยท QLD 4306

Cherry Creek 4306, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cherry Creek is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 38, making it a boutique locality. Located approximately 108 km from the Brisbane CBD, Cherry Creek is a outer metro area in Queensland. The median household income is $49,348 AUD per year (ABS 2021 Census).

Investment Score

25 / 100 Weak

Cherry Creek's income profile suggests a value-oriented market with competitive purchase prices. The outer location offers affordability but may see slower price appreciation.

Location

Map shows Cherry Creek, Queensland, Australia.

Key Indicators

Postcode
4306

Official Australia Post postcode for Cherry Creek. A postcode may cover multiple suburbs.

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Population
38

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

ABS Census Data โ†’
Median Rent (weekly)
$150/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
$49,348/yr

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

ABS Census Data โ†’
Distance to CBD
108 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)
$1,700/mo

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

ABS Census Data โ†’
Dwelling Type
93% 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

Cherry Creek's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $150/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,700/month. 93% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Cherry Creek property

Full Property Analysis

30-year projections for Cherry Creek

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Cherry Creek faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental market in Cherry Creek should see steady occupancy, with moderate upward pressure on rents. Investor sentiment toward Cherry Creek is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Cherry Creek a good suburb for investment?

Cherry Creek is a outer metro area in Queensland with a population of 38. The median rent is $150/week and the median household income is $49,348/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 Cherry Creek?

Key demand drivers in Cherry Creek include affordability relative to inner suburbs and expanding infrastructure. 93% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cherry Creek?

According to the ABS 2021 Census, Cherry Creek has a population of approximately 38. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cherry Creek from the Brisbane CBD?

Cherry Creek is approximately 108 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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