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Suburb Insights · QLD 4723

Fork Lagoons, QLD 4723 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Fork Lagoons is a regional centre in Queensland, Australia, with a population of approximately 33, making it a boutique locality. Located approximately 685 km from the Brisbane CBD, Fork Lagoons is a regional area in Queensland. The median household income is $58,500 per year.

Investment Score

22 / 100 Weak

Fork Lagoons's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Brisbane
Fork Lagoons
Queensland · 4723
685 km from Brisbane CBD
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Key Indicators

Postcode
4723

Official Australia Post postcode for Fork Lagoons. A postcode may cover multiple suburbs.

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Population
33

Usual resident population at the most recent census.

Median weekly rent
$175/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$58,500/yr

Annual median household income (before tax) across all households.

Distance to CBD
685 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
100% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Fork Lagoons is a smaller community of 33 — about 1% of the Queensland suburb median (5,474) — so investors should factor in the narrower buyer pool and longer average time-on-market. Fork Lagoons's median household income of $58,500/year is 35% below the Queensland suburb median ($90,298) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. The median weekly rent of $175 translates to approximately $9,100/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Fork Lagoons is 685 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 100% of dwellings — 23 percentage points above the Queensland median of 77% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Fork Lagoons vs Queensland Median

How Fork Lagoons stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Fork Lagoons sits above the state median; negative means below.

MetricFork LagoonsQLD medianΔ vs state
Population335,474-99%
Median household income$58,500/yr$90,298/yr-35%
Median rent (weekly)$175$385-55%
Distance to CBD685 km62 km+1005%
Separate houses100%77%+23pp

Investor Checklist

Pre-inspection briefing for Fork Lagoons — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 33 means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.

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Rental Yield

Gross rent of $175/week (~$9,100/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

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Renovation / Flip

With 100% houses in a 33-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

Run the numbers on a Fork Lagoons property

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30-year projections for Fork Lagoons

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Fork Lagoons are modest for 2026 — incomes 35% below the QLD median of $90,298 and a population of 33 suggest gains will lag headline metro markets. Rents sit around $175/week, setting the baseline gross rental income at roughly $9,100/year — refine this against current listings before running your numbers. The EquitySight investment score of 22/100 places Fork Lagoons in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Fork Lagoons a good suburb for investment?

Fork Lagoons scores 22/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 33, median household income of $58,500/year and median weekly rent of $175. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Fork Lagoons?

The main demand drivers in Fork Lagoons are a median household income of $58,500/year, a dwelling mix that is 100% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Fork Lagoons?

Fork Lagoons has a usual resident population of approximately 33, compared with a Queensland suburb median of 5,474 — placing it in the lower 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 Fork Lagoons from the Brisbane CBD?

Fork Lagoons sits 685 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 Fork Lagoons?

The most recent census recorded a median weekly rent of $175 in Fork Lagoons, equating to approximately $9,100/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Fork Lagoons?

A reliable median mortgage figure was not captured for Fork Lagoons. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Fork Lagoons cash-flow positive for investors?

Census data was not complete enough in Fork Lagoons to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Fork Lagoons?

The main risks are a thin buyer pool (33 residents), interest-rate sensitivity, below-median household incomes ($58,500 vs $90,298 state median), 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 Fork Lagoons profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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