EquitySight.app
Free full calculator →
EquitySight.app
Free full calculator →
ABS 2021 Census · Updated 21 May 2026
Miami is a coastal suburb in Queensland, Australia, with a population of approximately 7,445, making it a smaller community. Located approximately 78 km from the Brisbane CBD, Miami is a coastal area in Queensland. The median household income is $95,212 per year.
Miami benefits from a high-income resident base, supporting premium property pricing. Coastal lifestyle appeal adds a premium that supports long-term demand.
Official Australia Post postcode for Miami. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb.
Find schools near Miami on My School →Estimated 3 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Miami's population of 7,445 sits 36% above the Queensland suburb median of 5,474, giving it a wider tenant and buyer catchment than the average QLD locality. Households here earn $95,212/year on average — 5% above the QLD suburb median of $90,298 — a modest premium that supports resilient owner-occupier demand. Median weekly rent of $470 equates to $2,037/month — about 102% of the median mortgage repayment of $2,000/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Miami is 78 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 27% of dwellings are separate houses (vs 77% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
Coastal markets benefit from lifestyle appeal but require a buffer for higher insurance and occasional weather-driven vacancies. Local rents consume roughly 26% of household income — a useful sanity check on tenant affordability.
How Miami stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Miami sits above the state median; negative means below.
| Metric | Miami | QLD median | Δ vs state |
|---|---|---|---|
| Population | 7,445 | 5,474 | +36% |
| Median household income | $95,212/yr | $90,298/yr | +5% |
| Median rent (weekly) | $470 | $385 | +22% |
| Median mortgage (monthly) | $2,000 | $1,733 | +15% |
| Distance to CBD | 78 km | 62 km | +26% |
| Separate houses | 27% | 77% | -50pp |
Pre-inspection briefing for Miami — every item is derived from public datasets, with full citations in our data sources page.
Solid buy-and-hold profile: a population of 7,445 and household income close to the QLD median ($95,212 vs $90,298) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.
Strong rental coverage: $470/week (~$2,037/month) covers 102% of the $2,000/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
Only 27% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a Miami property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Property values in Miami should track the wider Queensland market through 2026, with the $95,212/year median household income (5% above the $90,298 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~102% of the typical mortgage ($2,037/month rent vs $2,000/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 59/100 places Miami in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
Lived in Miami? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.
Miami scores 59/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 7,445, median household income of $95,212/year and median weekly rent of $470. 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.
The main demand drivers in Miami are an above-state-median household income of $95,212/year, a dwelling mix that is 27% separate houses, roughly 2 schools and 3 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.
Miami has a usual resident population of approximately 7,445, 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.
Miami sits 78 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.
The most recent census recorded a median weekly rent of $470 in Miami, equating to approximately $24,440/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.
The median monthly mortgage repayment in Miami is $2,000, or approximately $24,000/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.
A median weekly rent of $470 works out to $2,037/month, covering 102% of the median mortgage repayment of $2,000/month. That means rent exceeds the median repayment by roughly $37/month, so on these numbers Miami 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.
The main risks are interest-rate sensitivity on the $2,000 median mortgage, a unit-heavy dwelling mix (27% houses) where body-corporate costs and apartment supply affect resale, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
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.