Free full calculator โ†’
Suburb Insights ยท QLD 4721

Elgin 4721, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Elgin is a regional centre in Queensland, Australia, with a population of approximately 52, making it a boutique locality. Located approximately 865 km from the Brisbane CBD, Elgin is a regional area in Queensland. The median household income is $61,724 AUD per year (ABS 2021 Census).

Investment Score

30 / 100 Weak

Lower income levels in Elgin typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Elgin, Queensland, Australia.

Key Indicators

Postcode
4721

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

Australia Post Postcode Finder โ†’
Population
52

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

State Rental Authority โ†’
Median Household Income
$61,724/yr

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

ABS Census Data โ†’
Distance to CBD
865 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.

Find schools near Elgin on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$1,213/mo

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

ABS Census Data โ†’
Dwelling Type
80% 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

As a regional centre, Elgin serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. 80% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โŒ
Buy & Hold

Buy-and-hold in Elgin carries higher risk due to limited demand drivers and slower growth fundamentals.

โŒ
Rental Yield

Rental yields in Elgin tend to be lower โ€” investors may need to rely on capital growth instead.

โŒ
Renovation / Flip

Limited buyer depth in Elgin makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Elgin property

Full Property Analysis

30-year projections for Elgin

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Elgin may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Elgin may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Elgin a good suburb for investment?

Elgin is a regional area in Queensland with a population of 52. the median household income is $61,724/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 Elgin?

Key demand drivers in Elgin include regional employment hubs, lifestyle, and affordability. 80% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Elgin?

According to the ABS 2021 Census, Elgin has a population of approximately 52. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Elgin from the Brisbane CBD?

Elgin is approximately 865 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.

Explore Nearby Suburbs

Queensland Property Resources