8 Rankin Street

Point Vernon QLD 4655

The size of Point Vernon is approximately 4.8 square kilometres. It has 14 parks covering nearly 16.4% of total area. The population of Point Vernon in 2011 was 5,691 people. By 2016 the population was 5,690 showing a population decline of 0.0% in the area during that time. The predominant age group in Point Vernon is 60-69 years. Households in Point Vernon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Point Vernon work in a professional occupation. In 2011, 65.3% of the homes in Point Vernon were owner-occupied compared with 67.6% in 2016.

Point Vernon has 2,963 properties. Over the last 5 years, Houses in Point Vernon have seen a 86.77% increase in median value, while Units have seen a 60.07% increase. As at 31 October 2024:

• The median value for Houses in Point Vernon is $667,992 while the median value for Units is $498,586.
• Houses have a median rent of $580 while Units have a median rent of $405.