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ABS 2021 Census · Updated 21 May 2026
Mingoola is a regional centre in Queensland, Australia, with a population of approximately 14, making it a boutique locality. Located approximately 220 km from the Brisbane CBD, Mingoola is a regional area in Queensland. The median household income is $55,224 per year.
Lower income levels in Mingoola typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Official Australia Post postcode for Mingoola. 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 1 school within or near this suburb.
Find schools near Mingoola on My School →Estimated 1 park 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.
Mingoola is a smaller community of 14 — about 0% of the Queensland suburb median (5,474) — so investors should factor in the narrower buyer pool and longer average time-on-market. Mingoola's median household income of $55,224/year is 39% 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 rent of $150/week (~$650/month) covers only 68% of the median mortgage of $950/month — the remaining $300/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Mingoola is 220 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
How Mingoola stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Mingoola sits above the state median; negative means below.
| Metric | Mingoola | QLD median | Δ vs state |
|---|---|---|---|
| Population | 14 | 5,474 | -100% |
| Median household income | $55,224/yr | $90,298/yr | -39% |
| Median rent (weekly) | $150 | $385 | -61% |
| Median mortgage (monthly) | $950 | $1,733 | -45% |
| Distance to CBD | 220 km | 62 km | +255% |
Pre-inspection briefing for Mingoola — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 14 means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.
Moderate rental coverage: rent of $150/week covers 68% of a $950/month mortgage, leaving a $300/month gap that an investor bridges with equity, depreciation and tax benefits.
With a population of 14, the resale market in Mingoola may not reliably reward cosmetic renovations — a longer hold is typically a better strategy at this scale, letting land-value appreciation do the work instead.
Run the numbers on a Mingoola property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Mingoola are modest for 2026 — incomes 39% below the QLD median of $90,298 and a population of 14 suggest gains will lag headline metro markets. Rental coverage runs at ~68% of the typical mortgage ($650/month rent vs $950/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 24/100 places Mingoola 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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Mingoola scores 24/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 14, median household income of $55,224/year and median weekly rent of $150. 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 Mingoola are a median household income of $55,224/year, 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.
Mingoola has a usual resident population of approximately 14, 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.
Mingoola sits 220 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 $150 in Mingoola, equating to approximately $7,800/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 Mingoola is $950, or approximately $11,400/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.
A median weekly rent of $150 works out to $650/month, covering 68% of the median mortgage repayment of $950/month. That leaves a $300/month shortfall (around $3,600/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.
The main risks are a thin buyer pool (14 residents), interest-rate sensitivity on the $950 median mortgage, below-median household incomes ($55,224 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.
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.