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Suburb Insights · QLD 4415

Miles, QLD 4415 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Miles is a regional centre in Queensland, Australia, with a population of approximately 1,874, making it a boutique locality. Located approximately 296 km from the Brisbane CBD, Miles is a regional area in Queensland. The median household income is $65,676 per year.

Investment Score

32 / 100 Weak

Lower income levels in Miles 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

Brisbane
Miles
Queensland · 4415
296 km from Brisbane CBD
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Key Indicators

Postcode
4415

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

Australia Post Postcode Finder →
Population
1,874

Usual resident population at the most recent census.

Median weekly rent
$200/wk

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

Median household income
$65,676/yr

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

Distance to CBD
296 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
$1,020/mo

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

Home type
59% houses

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

Investment Insight

Miles is a smaller community of 1,874 — about 34% of the Queensland suburb median (5,474) — so investors should factor in the narrower buyer pool and longer average time-on-market. Miles's median household income of $65,676/year is 27% 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. Rent of $200/week (85% coverage of the $1,020/month median mortgage) leaves a gap of roughly $153/month that a typical investor bridges with negative gearing, depreciation and capital growth. Miles is 296 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 59% 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.

Miles vs Queensland Median

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

MetricMilesQLD medianΔ vs state
Population1,8745,474-66%
Median household income$65,676/yr$90,298/yr-27%
Median rent (weekly)$200$385-48%
Median mortgage (monthly)$1,020$1,733-41%
Distance to CBD296 km62 km+377%
Separate houses59%77%-18pp

Investor Checklist

Pre-inspection briefing for Miles — 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 1,874 means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.

Rental Yield

Strong rental coverage: $200/week (~$867/month) covers 85% of the $1,020/month median mortgage repayment, so the shortfall sits at just $153/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 59% 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.

Risk Factors

Run the numbers on a Miles property

Full Property Analysis

30-year projections for Miles

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Miles are modest for 2026 — incomes 27% below the QLD median of $90,298 and a population of 1,874 suggest gains will lag headline metro markets. Rental coverage runs at ~85% of the typical mortgage ($867/month rent vs $1,020/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 32/100 places Miles 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 Miles a good suburb for investment?

Miles scores 32/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 1,874, median household income of $65,676/year and median weekly rent of $200. 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 Miles?

The main demand drivers in Miles are a median household income of $65,676/year, a dwelling mix that is 59% 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 Miles?

Miles has a usual resident population of approximately 1,874, 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 Miles from the Brisbane CBD?

Miles sits 296 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 Miles?

The most recent census recorded a median weekly rent of $200 in Miles, equating to approximately $10,400/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 Miles?

The median monthly mortgage repayment in Miles is $1,020, or approximately $12,240/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 Miles cash-flow positive for investors?

A median weekly rent of $200 works out to $867/month, covering 85% of the median mortgage repayment of $1,020/month. That leaves a $153/month shortfall (around $1,836/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. 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 Miles?

The main risks are a thin buyer pool (1,874 residents), interest-rate sensitivity on the $1,020 median mortgage, below-median household incomes ($65,676 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 Miles 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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