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Suburb Insights ยท QLD 4875

Prince Of Wales 4875, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Prince Of Wales is a coastal suburb in Queensland, Australia, with a population of approximately 62, making it a boutique locality. Located approximately 2183 km from the Brisbane CBD, Prince Of Wales is a coastal area in Queensland. The median household income is $32,760 AUD per year (ABS 2021 Census).

Investment Score

30 / 100 Weak

Prince Of Wales's income profile suggests a value-oriented market with competitive purchase prices. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Map shows Prince Of Wales, Queensland, Australia.

Key Indicators

Postcode
4875

Official Australia Post postcode for Prince Of Wales. A postcode may cover multiple suburbs.

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Population
62

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

ABS Census Data โ†’
Median Rent (weekly)
$138/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
$32,760/yr

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

ABS Census Data โ†’
Distance to CBD
2183 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)
$1,791/mo

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

ABS Census Data โ†’
Dwelling Type
51% 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

Coastal lifestyle is a strong draw for Prince Of Wales, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $138/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,791/month.

Investment Strategy

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Buy & Hold

Holding property in Prince Of Wales over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Achieving strong cash flow in Prince Of Wales is challenging at current rent-to-price ratios.

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Renovation / Flip

Renovation or flip strategies in Prince Of Wales face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Prince Of Wales property

Full Property Analysis

30-year projections for Prince Of Wales

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Prince Of Wales faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment toward Prince Of Wales is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Prince Of Wales a good suburb for investment?

Prince Of Wales is a coastal area in Queensland with a population of 62. The median rent is $138/week and the median household income is $32,760/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 Prince Of Wales?

Key demand drivers in Prince Of Wales include lifestyle appeal and proximity to the coast. 51% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Prince Of Wales?

According to the ABS 2021 Census, Prince Of Wales has a population of approximately 62. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Prince Of Wales from the Brisbane CBD?

Prince Of Wales is approximately 2183 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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