Narangba QLD Property Investment
Moreton Bay · 4504 · Score: 66/100 · Buy
Narangba Short-Term Rental (Airbnb) Market
Narangba QLD Investment Brief
BUY — 3.0% gross yield on a $1,150,087 median.
THE MARKET
Narangba has compounded at 2.7%/yr over 5 years — a house that cost $1,006,650 in 2021 is worth $1,150,087 today. Properties are sitting on market for 35 days (roughly balanced conditions). At the same growth rate, today's median reaches $1,313,962 by 2031.
- Median house: $1,150,087 | Units: $686,911
- Gross yield: 3.0% | Net yield: 1.5%
- 5yr price CAGR: 2.7%/yr | 3yr forecast: 13.5%/yr
- Population: 20,910 | Owner-occupier rate: 75% | Affluence: High
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 2.0% (improving) | Rental demand: High
- Median weekly rent: $670/wk | Days on market: 35 (stable)
- Balanced market — vacancy manageable but monitor trend.
SHORT-TERM RENTAL
- Median nightly rate: $359/night | Occupancy: 44%
- Estimated annual STR gross: ~$57,705/yr
- vs long-term rent: $34,840/yr (+66% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Narangba station 0.6km away
BULL CASE
If Narangba maintains 3%+ annual growth and vacancy stays below 1.4%, median prices could reach $1,322,600 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Narangba pull back 10-15% from $1,150,087, with vacancy rising to 3.6% and rental yields softening as tenants gain leverage.
KEY RISKS
- No significant risk factors identified for this suburb
COMPARABLE MARKETS
- Springfield Lakes (QLD): $1,070,949 median, 3.2% yield, 13.0% 1yr growth
- North Lakes (QLD): $1,179,423 median, 3.0% yield, 12.4% 1yr growth
- Redbank Plains (QLD): $911,047 median, 3.4% yield, 16.6% 1yr growth
THE PLAY
Narangba presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.0% and prioritise properties with value-add potential. Consider timing entry around the current stable phase of the market cycle.
- Entry range: $1,035,078 – $1,265,096
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy dropping below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 2.7% + 10yr CAGR 2.9%
- +Above-average population growth (2.4%/yr)
- +Low rental vacancy (2.0%) — constrained supply
- −High supply pipeline (21414 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
4,057
2020
5,365
2021
4,175
2022
3,011
2023
4,806
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 4504
Decile 8 of 10 — Low disadvantage
Population
20,910
Education (IEO)
6/10
Econ. Resources (IER)
9/10
10-Year Investment Projection
Modelled on Narangba QLD data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $670/wk median rent for Narangba. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.