Suburb overview
Chinchilla is a regional centre in Queensland, Australia, with a population of approximately 7,068, making it a smaller community. Located approximately 250 km from the Brisbane CBD, Chinchilla is a regional area in Queensland. The median household income is $80,548 per year.
Location
Key indicators
Postcode
4413
Postcode for Chinchilla, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
7,068
Usual resident population at the most recent census.
Median weekly rent
$475/wk
Median weekly rent — as at Mar 2026, Residential Tenancies Authority (Qld) (CC BY 4.0).
Distance to CBD
250 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$1,300/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
70% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why people like living in Chinchilla
- Regional location about 250 km from Brisbane.
- Country-town feel with lower density and slower pace of life.
Who Chinchilla suits
Pros and cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Mortgage costs are lower than the Queensland median, improving cash-flow margins.
- Lower purchase prices and more land for the money.
Cons
- Long distance to the CBD (250 km) — plan for commute time or local employment.
- Traffic can build during peak hours, especially on arterial roads.
Investment insight
Chinchilla's population of 7,068 sits 29% above the Queensland suburb median of 5,474, giving it a wider tenant and buyer catchment than the average QLD locality. Household income of $80,548/year is 11% below the Queensland median of $90,298, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median rent of $475/week (as at Mar 2026, Residential Tenancies Authority (Qld)) equates to roughly $2,058/month — about 158% of the $1,300/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. Chinchilla is 250 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
Investment tip
Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. At the 2021 Census, local rents consumed roughly 16% of household income — a dated but useful sanity check on tenant affordability.
Chinchilla vs Queensland median
How Chinchilla stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Chinchilla sits above the state median; negative means below.
| Metric | Chinchilla | QLD median | Δ vs state |
|---|---|---|---|
| Population | 7,068 | 5,474 | +29% |
| Median household income | $80,548/yr | $90,298/yr | -11% |
| Median rent (weekly, 2021 Census) | $250 | $385 | -35% |
| Median mortgage (monthly, 2021 Census) | $1,300 | $1,733 | -25% |
| Distance to CBD | 250 km | 62 km | +303% |
| Separate houses | 70% | 77% | -7pp |
Investor checklist
Pre-inspection briefing for Chinchilla — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 7,068 residents — 129% of the QLD suburb median (5,474).
- Purchasing power: median household income $80,548/year (-11% vs Queensland suburb median of $90,298).
- Cash-flow coverage (2021 Census): $250/week rent (≈ $1,083/month) covered ~83% of the $1,300/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 250 km straight-line from Brisbane (state suburb median 62 km).
- Dwelling mix: 70% separate houses — house-dominant market (vs 77% state median).
- Rate stress-test: budget ~$130/month extra for a 1-percentage-point RBA rate rise on top of the $1,300/month median repayment.
- Tenant rent burden: 16% of the median household income is spent on rent — comfortably affordable.
Investment strategy
Moderate buy-and-hold potential: Chinchilla's 7,068-person market and $80,548 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
Moderate rental coverage at the 2021 Census: rent of $250/week covered 83% of a $1,300/month mortgage, a $217/month gap bridged with equity, depreciation and tax benefits. Re-check with current rents and rates before committing.
With 70% houses in a 7,068-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Risk factors
- Interest-rate sensitivity: the $1,300/month median mortgage in Chinchilla means a 1-percentage-point RBA rate rise could add roughly $130/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Commute distance: at 250 km from the nearest CBD, Chinchilla depends on local employment rather than city-driven commuter demand, which amplifies the market's sensitivity to regional industry slowdowns.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Chinchilla regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Chinchilla with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Chinchilla property
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Start your journey near Chinchilla →2026 outlook
Capital-growth expectations for Chinchilla are modest for 2026 — incomes 11% below the QLD median of $90,298 suggest gains will lag headline metro markets. At the 2021 Census, rental coverage ran at ~83% of the typical mortgage ($1,083/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Chinchilla is cautious heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Queensland median.
Frequently asked questions
Is Chinchilla a good suburb for investment?
Whether Chinchilla suits you depends on your strategy, but the fundamentals are concrete: a population of 7,068, a median household income of $80,548/year and median weekly rent of $250. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Chinchilla?
The main demand drivers in Chinchilla are a median household income of $80,548/year, a dwelling mix that is 70% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Chinchilla?
Chinchilla has a usual resident population of approximately 7,068, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Chinchilla from the Brisbane CBD?
Chinchilla sits 250 km straight-line from the Brisbane CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
What is the median rent in Chinchilla?
The median weekly rent in Chinchilla is $475 (as at Mar 2026, Residential Tenancies Authority (Qld)), equating to approximately $24,700/year in gross rental income. Confirm against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Chinchilla?
The median monthly mortgage repayment in Chinchilla is $1,300, or approximately $15,600/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Chinchilla cash-flow positive for investors?
A median weekly rent of $250 works out to $1,083/month, covering 83% of the median mortgage repayment of $1,300/month. That leaves a $217/month shortfall (around $2,604/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
What are the main risks of investing in Chinchilla?
The main risks are interest-rate sensitivity on the $1,300 median mortgage, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Chinchilla profile
The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Residential Tenancies Authority (Qld) (Mar 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.