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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Point Vernon has shown very soft population growth performance across periods assessed by AreaSearch
Point Vernon's population is 5,932 as of August 2025. This figure reflects a growth of 214 people since the 2021 Census, which reported a population of 5,718. The increase is inferred from an estimated resident population of 5,870 in June 2024 and additional validated new addresses since then. This results in a density ratio of 1,223 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Interstate migration contributed approximately 80.1% of overall population gains recently.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered and years post-2032, Queensland State Government's SA2 area projections from 2023 based on 2021 data are adopted. However, these state projections lack age category splits, so AreaSearch applies proportional growth weightings in line with ABS Greater Capital Region projections released in 2023, based on 2022 data. Future population trends anticipate lower quartile growth for Australia's regional areas. The area is expected to grow by 138 persons to 2041, reflecting an increase of 1.3% over the 17 years.
Frequently Asked Questions - Population
Development
Residential development activity is slightly higher than average within Point Vernon when compared nationally
Point Vernon has approved approximately 45 residential properties annually. The Australian Bureau of Statistics (ABS) reports that from fiscal year 2021 to 2025, around 229 homes were granted approval, with 5 more approved in fiscal year 2026. On average, about 0.1 person per year has moved to the area for each dwelling built over these five years. This suggests that new supply is meeting or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts.
The average construction cost of new homes is around $468,000, aligning with regional trends. In fiscal year 2026, there have been approximately $215,000 in commercial approvals, indicating the area's residential nature. Compared to the rest of Queensland, Point Vernon has about two-thirds the rate of new dwelling approvals per person, yet it ranks among the top 89% of areas assessed nationally.
However, building activity has increased recently. Around 89% of new developments consist of standalone homes, with 11% being attached dwellings, maintaining the area's suburban identity with a concentration of family homes suitable for buyers seeking space. With approximately 89 people per dwelling approval, Point Vernon exhibits characteristics of a low-density area. By 2041, Point Vernon is projected to grow by around 75 residents. Given current development patterns, new housing supply should comfortably meet demand, offering favorable conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Point Vernon has emerging levels of nearby infrastructure activity, ranking in the 36thth percentile nationally
No infrastructure changes will influence the area's performance more than major projects and planning initiatives. AreaSearch has identified zero projects likely to impact the area. Key projects include Pialba Supported Accomation Complex, The Green Lifestyle Community, Marina Square Development, TOPAZ Apartments Shelly Beach, and OPAL Shelly Beach Apartments. Below is a list of those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Queensland Energy and Jobs Plan
State-wide renewable energy transformation plan including solar farms, wind projects, pumped hydro storage, and transmission infrastructure. Targeting 70% renewable energy by 2032 and 80% by 2035 while creating thousands of jobs across regional Queensland.
Bruce Highway Upgrades Brisbane to Cairns
Major highway upgrades improving safety and capacity along Queensland's most important transport corridor. Multiple sections being upgraded simultaneously.
Queensland Energy and Jobs Plan
The Queensland Energy and Jobs Plan is a comprehensive strategy to transition to renewable energy, create jobs and reduce emissions. It includes new renewable energy zones, transmission infrastructure and energy storage projects across Queensland.
Queensland Energy and Jobs Plan Infrastructure
Comprehensive energy infrastructure program including renewable energy projects, transmission lines, battery storage and supporting infrastructure. Part of Queensland's transition to clean energy and job creation.
Queensland Energy and Jobs Plan
$62 billion plan delivering new energy generation, storage, and transmission infrastructure including Queensland SuperGrid. 50% renewable energy by 2030, 70% by 2032, 80% by 2035. Comprehensive state-wide energy transformation program including renewable energy projects, battery storage systems, transmission infrastructure, and job creation initiatives to support Queensland's transition to clean energy.
Queensland Train Manufacturing Program - Torbanlea Facility
A $9.5 billion purpose-built train manufacturing facility in the Fraser Coast region at Torbanlea, near Maryborough, constructing 65 new six-car passenger trains for Queensland's rail network. The facility includes advanced rail car assembly, testing tracks, and maintenance facilities, supporting approximately 800 construction and manufacturing jobs with ongoing operations and maintenance. The facility will operate 24 hours a day, 7 days a week to support manufacturing of the new fleet. Construction is progressing in 2025, with structural elements and roofing completed, internal fit-outs underway, and utilities connections ongoing. First trains expected to be completed in late 2026, with all 65 trains in service by 2032, supporting South East Queensland's population growth, Cross River Rail, and the Brisbane 2032 Olympic and Paralympic Games.
SPG Hervey Bay
SPG Hervey Bay is a large-format retail centre developed by Spotlight Property Group, featuring major tenants including Spotlight, Anaconda, The Good Guys, Harris Scarfe, Early Settler, Planet Fitness, and others. The development spans over 20,000 square metres across two buildings on a 3-hectare site, including retail, dining, health services, and EV charging stations. It serves as a one-stop destination for shopping, homeware, outdoor gear, and community services.
Forest Wind Farm Project
A proposed 1,200MW wind farm with up to 226 turbines located within state forest pine plantations between Gympie and Maryborough, Queensland. It aims to generate clean energy for around 500,000 homes, equivalent to one in four Queensland homes, and reduce greenhouse gas emissions by 2.62 million tonnes annually. The project maintains a 3km buffer from residents and connects to the National Energy Market via Powerlink Queensland's Woolooga Substation.
Employment
Point Vernon shows employment indicators that trail behind approximately 70% of regions assessed across Australia
Point Vernon has a balanced workforce with both white and blue collar jobs. Its unemployment rate is 6.4%.
Over the past year, there was an estimated employment growth of 5.2%. As of June 2025, 2,342 residents are employed while the unemployment rate stands at 8.7%, which is 2.4% higher than Rest of Qld's rate of 6.3%. Workforce participation in Point Vernon is significantly lower at 41.3% compared to Rest of Qld's 59.1%. The key industries employing residents are health care & social assistance, retail trade, and education & training.
Health care & social assistance has a particularly high employment share, at 1.6 times the regional level. Conversely, agriculture, forestry & fishing employs only 0.9% of local workers, lower than Rest of Qld's 4.5%. The area appears to offer limited local employment opportunities based on Census data comparison between working population and resident population. In the past year, employment increased by 5.2% while the labour force grew by 7.1%, leading to an unemployment rate rise of 1.7 percentage points. This contrasts with Rest of Qld where employment rose by 1.8%, the labour force grew by 2.0%, and unemployment rose by 0.2 percentage points. State-level data up to Sep-25 shows Queensland's employment contracted by 0.23% (losing 8,070 jobs), with a state unemployment rate of 4.2%. This compares favourably to the national unemployment rate of 4.5%, although it lags behind national employment growth of 0.26%. Job forecasts from May 2025 suggest national employment will expand by 6.6% over five years and 13.7% over ten years, with varying growth rates across industry sectors. Applying these projections to Point Vernon's employment mix indicates potential local growth of approximately 7.1%% over five years and 14.7% over ten years.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
Point Vernon's median income among taxpayers was $41,681 in financial year 2022, according to latest ATO data aggregated by AreaSearch. The average income stood at $52,404 during the same period. For comparison, Rest of Qld's median and average incomes were $50,780 and $64,844 respectively in financial year 2022. Based on Wage Price Index growth of 11.71% since then, current estimates for Point Vernon would be approximately $46,562 (median) and $58,541 (average) as of March 2025. The 2021 Census revealed that incomes in Point Vernon fall between the 6th and 6th percentiles nationally for households, families, and individuals. Income analysis showed that 32.2% of residents (1,910 people) were in the $800 - 1,499 income bracket, unlike regional trends where 31.7% fall within the $1,500 - 2,999 range. Housing affordability pressures are severe in Point Vernon, with only 84.8% of income remaining after housing costs, ranking at the 8th percentile nationally.
Frequently Asked Questions - Income
Housing
Point Vernon is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
The latest Census reported that in Point Vernon, 93.5% of dwellings were houses, with the remaining 6.5% being semi-detached homes, apartments, or other types. This is compared to Non-Metro Qld's figures of 83.9% houses and 16.1% other dwellings. Home ownership in Point Vernon stood at 48.7%, with mortgaged dwellings at 25.5% and rented ones at 25.7%. The median monthly mortgage repayment was $1,300, lower than Non-Metro Qld's average of $1,430. The median weekly rent in Point Vernon was $340, slightly higher than Non-Metro Qld's figure of $335. Nationally, mortgage repayments averaged $1,863 and rents were $375 per week.
Frequently Asked Questions - Housing
Household Composition
Point Vernon features high concentrations of group households, with a fairly typical median household size
Family households account for 69.7 percent of all households, including 18.6 percent couples with children, 36.2 percent couples without children, and 13.2 percent single parent families. Non-family households constitute the remaining 30.3 percent, with lone person households at 26.0 percent and group households comprising 4.2 percent of the total. The median household size is 2.3 people, which matches the average for the Rest of Qld.
Frequently Asked Questions - Households
Local Schools & Education
Point Vernon shows below-average educational performance compared to national benchmarks, though pockets of achievement exist
The area's university qualification rate is 17.4%, significantly lower than Australia's average of 30.4%. Bachelor degrees are the most common at 12.1%, followed by graduate diplomas (2.7%) and postgraduate qualifications (2.6%). Vocational credentials are prevalent, with 43.0% of residents aged 15+ holding them, including advanced diplomas (11.7%) and certificates (31.3%). Educational participation is high at 25.6%, comprising 9.7% in primary education, 7.8% in secondary education, and 3.3% pursuing tertiary education.
Schools appear to be located outside the immediate catchment boundaries, requiring families to access schools in neighboring areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
No public transport data available for this catchment area.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Point Vernon is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts
Critical health challenges are evident across Point Vernon, with a range of health conditions impacting both younger and older age cohorts. The rate of private health cover is extremely low at approximately 46% of the total population (~2,740 people), compared to the national average of 55.3%.
The most common medical conditions in the area are arthritis and mental health issues, impacting 12.6 and 10.7% of residents respectively. Conversely, 54.3% of residents declare themselves as completely clear of medical ailments, compared to 56.7% across the rest of Queensland. The area has 31.1% of residents aged 65 and over (1,843 people). Health outcomes among seniors present some challenges, broadly in line with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Point Vernon ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics
Point Vernon was found to have a cultural diversity below average, with 82.0% of its population born in Australia, 88.7% being citizens, and 96.2% speaking English only at home. The dominant religion in Point Vernon is Christianity, accounting for 53.4% of the population, compared to 52.7% across Rest of Qld. The top three ancestry groups are English (34.5%), Australian (27.9%), and Scottish (9.0%).
Notably, German ethnicity is overrepresented at 5.0%, French at 0.6%, and Australian Aboriginal at 3.3%.
Frequently Asked Questions - Diversity
Age
Point Vernon ranks among the oldest 10% of areas nationwide
Point Vernon has a median age of 52, which is higher than the Rest of Qld figure of 41 and also above the national average of 38. The 65-74 age group makes up 16.6% of Point Vernon's population, compared to 9.4% nationally and 12.4% in the Rest of Qld. Meanwhile, the 25-34 cohort is less prevalent at 8.2%. According to the 2021 Census, the 55 to 64 age group has increased from 15.2% to 16.4%, while the 5 to 14 cohort has declined from 11.4% to 10.1%. Demographic modeling suggests that by 2041, Point Vernon's age profile will change significantly. The 25-34 age group is projected to grow by 108 people (22%), reaching 597 individuals. Conversely, population declines are expected for the 55-64 and 45-54 cohorts.