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Suburb Insights ยท QLD 4373

Killarney 4373, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Killarney is a regional centre in Queensland, Australia, with a population of approximately 918, making it a boutique locality. Located approximately 121 km from the Brisbane CBD, Killarney is a regional area in Queensland. The median household income is $48,256 AUD per year (ABS 2021 Census).

Investment Score

28 / 100 Weak

Lower income levels in Killarney typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Killarney, Queensland, Australia.

Key Indicators

Postcode
4373

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

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Population
918

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

ABS Census Data โ†’
Median Rent (weekly)
$240/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
$48,256/yr

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

ABS Census Data โ†’
Distance to CBD
121 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)
$1,083/mo

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

ABS Census Data โ†’
Dwelling Type
81% 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, Killarney 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. The median rent of $240/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,083/month. 81% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Capital growth in Killarney may be constrained โ€” consider alternative strategies.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Killarney property

Full Property Analysis

30-year projections for Killarney

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Killarney may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Killarney is thinner โ€” flexible lease terms could help secure tenants faster. Killarney is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Killarney a good suburb for investment?

Killarney is a regional area in Queensland with a population of 918. The median rent is $240/week and the median household income is $48,256/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 Killarney?

Key demand drivers in Killarney include regional employment hubs, lifestyle, and affordability. 81% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Killarney?

According to the ABS 2021 Census, Killarney has a population of approximately 918. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Killarney from the Brisbane CBD?

Killarney is approximately 121 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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