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Suburb Insights ยท QLD 4377

The Summit 4377, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

The Summit is a regional centre in Queensland, Australia, with a population of approximately 436, making it a boutique locality. Located approximately 164 km from the Brisbane CBD, The Summit is a regional area in Queensland. The median household income is $58,084 AUD per year (ABS 2021 Census).

Investment Score

28 / 100 Weak

Household earnings in The Summit are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows The Summit, Queensland, Australia.

Key Indicators

Postcode
4377

Official Australia Post postcode for The Summit. A postcode may cover multiple suburbs.

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Population
436

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

ABS Census Data โ†’
Median Rent (weekly)
$270/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$58,084/yr

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

ABS Census Data โ†’
Distance to CBD
164 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)
$1,062/mo

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

ABS Census Data โ†’
Dwelling Type
88% 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

As a regional centre, The Summit serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $270/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,062/month. 88% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Buy-and-hold in The Summit carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

The Summit's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in The Summit makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a The Summit property

Full Property Analysis

30-year projections for The Summit

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in The Summit is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in The Summit may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is The Summit a good suburb for investment?

The Summit is a regional area in Queensland with a population of 436. The median rent is $270/week and the median household income is $58,084/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 The Summit?

Key demand drivers in The Summit include regional employment hubs, lifestyle, and affordability. 88% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of The Summit?

According to the ABS 2021 Census, The Summit has a population of approximately 436. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is The Summit from the Brisbane CBD?

The Summit is approximately 164 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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