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Suburb Insights · QLD 4305

Leichhardt, QLD 4305 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Leichhardt is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 4,471, making it a boutique locality. Located approximately 33 km from the Brisbane CBD, Leichhardt is a outer metro area in Queensland. The median household income is $57,668 per year.

Investment Score

43 / 100 Moderate

Lower income levels in Leichhardt typically translate to more affordable entry points for investors. While further from the city, improving transport links could boost future demand.

Location

Brisbane
Leichhardt
Queensland · 4305
33 km from Brisbane CBD
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Key Indicators

Postcode
4305

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

Australia Post Postcode Finder →
Population
4,471

Usual resident population at the most recent census.

Median weekly rent
$280/wk

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

Median household income
$57,668/yr

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

Distance to CBD
33 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
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,200/mo

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

Home type
84% houses

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

Why People Like Living in Leichhardt

Who Leichhardt Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Queensland median.
💼ProfessionalsLonger commute to the CBD.

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.
  • Solid transport links into employment hubs.

Cons

  • Long distance to the CBD (33 km) — plan for commute time or local employment.
  • New-estate oversupply risk — many similar homes can compete for the same buyers.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

4,471 residents places Leichhardt squarely in the middle of the Queensland suburb size distribution (state median 5,474), with market depth comparable to most QLD localities. Leichhardt's median household income of $57,668/year is 36% 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. Median weekly rent of $280 equates to $1,213/month — about 101% of the median mortgage repayment of $1,200/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 33 km from Brisbane, Leichhardt is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Investment Tip

This suburb suits long-term investors due to steady population growth and affordable entry prices. Look for established streets close to schools and shops rather than raw new-estate land. Local rents consume roughly 25% of household income — a useful sanity check on tenant affordability.

Leichhardt vs Queensland Median

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

MetricLeichhardtQLD medianΔ vs state
Population4,4715,474-18%
Median household income$57,668/yr$90,298/yr-36%
Median rent (weekly)$280$385-27%
Median mortgage (monthly)$1,200$1,733-31%
Distance to CBD33 km62 km-47%
Separate houses84%77%+7pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: household incomes 36% below the QLD median ($57,668 vs $90,298) means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.

Rental Yield

Strong rental coverage: $280/week (~$1,213/month) covers 101% of the $1,200/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 84% houses in a 4,471-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 Leichhardt property

Full Property Analysis

30-year projections for Leichhardt

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Leichhardt are modest for 2026 — incomes 36% below the QLD median of $90,298 and a population of 4,471 suggest gains will lag headline metro markets. Rental coverage runs at ~101% of the typical mortgage ($1,213/month rent vs $1,200/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 43/100 places Leichhardt in the mid 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 Leichhardt a good suburb for investment?

Leichhardt scores 43/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 4,471, median household income of $57,668/year and median weekly rent of $280. 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 Leichhardt?

The main demand drivers in Leichhardt are a median household income of $57,668/year, a dwelling mix that is 84% separate houses, roughly 1 schools and 2 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 Leichhardt?

Leichhardt has a usual resident population of approximately 4,471, 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 Leichhardt from the Brisbane CBD?

Leichhardt sits 33 km straight-line from the Brisbane CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Leichhardt?

The most recent census recorded a median weekly rent of $280 in Leichhardt, equating to approximately $14,560/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 Leichhardt?

The median monthly mortgage repayment in Leichhardt is $1,200, or approximately $14,400/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 Leichhardt cash-flow positive for investors?

A median weekly rent of $280 works out to $1,213/month, covering 101% of the median mortgage repayment of $1,200/month. That means rent exceeds the median repayment by roughly $13/month, so on these numbers Leichhardt leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. 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 Leichhardt?

The main risks are a thin buyer pool (4,471 residents), interest-rate sensitivity on the $1,200 median mortgage, below-median household incomes ($57,668 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 Leichhardt 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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