Heritage Park, QLD 4118
Heritage Park property market
Heritage Park is almost entirely a house sales market, with 74 sales at around $999k (up) as of July 2026, taking about 17 days to sell (down from 20 days last year), more sought-after than most house markets in Queensland, with 4-bedroom the most common at around 65%.
House rentals follow, with 48 leases at $705 a week (up), renting out in about 20 days (up from 16 days last year), with 4-bedroom homes making up around 90%.
Who lives hereAn above-average-income, mortgage-belt, family-oriented suburb — multicultural.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Heritage Park demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Heritage Park?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Heritage Park
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Heritage Park
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.2× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Heritage Park
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Heritage Park
No school inside Heritage Park itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Heritage Park median house price & rent
Headline price, rent, yield and time on market for Heritage Park — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Heritage Park property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Heritage Park
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Heritage Park against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Heritage Park in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Heritage Park — Units & Houses, all bedrooms
Heritage Park median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Heritage Park rose from $262k (Jul 2021) to $508k (Jun 2026) — +93.7% growth over five years — peaking at $798k between Feb 2025 and Jan 2026. Median house rent went from $232/wk to $386/wk (+66.4%) over the same period.
Suburbs near Heritage Park: prices compared
The nearest suburbs to Heritage Park, ranked by distance — each lined up against Heritage Park on the same measures, so the differences jump out at a glance.
Suburbs like Heritage Park
Suburbs anywhere in QLD that behave like Heritage Park — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Heritage Park vs Springfield: the closest sales-market match trades at a median of $755k against Heritage Park's $627k — about 20% higher, with homes selling in 14 days versus 13 days here.
Comparable sales markets to Heritage Park: Springfield house prices, Camira property prices, Berrinba property growth, Park Ridge house prices and Augustine Heights property market.
Heritage Park's closest rental-market twins: Augustine Heights property market, Berrinba property growth, Springfield average house price, Camira market trends and Park Ridge house prices. Each link opens that suburb's full market report.
Frequently asked · Heritage Park
25 data-driven answers about Heritage Park's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Heritage Park?
#The median house price in Heritage Park, QLD 4118 is $627k as of June 2026, based on 9 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Heritage Park?
#The median weekly house rent in Heritage Park is $597 as of June 2026, drawn from 7 leases over the past 12 months. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Heritage Park?
#A 3 bedroom house in Heritage Park rents for a median $597 per week as of June 2026, drawn from 7 leases over the past 12 months. Across other house sizes: 4-bedroom $597/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Heritage Park?
#Gross rental yield in Heritage Park is 2.65% for houses as of June 2026, compared with the QLD unit median of 3.59%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Heritage Park?
#As of June 2026, Heritage Park medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $627k | $627k | $627k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Heritage Park median?
#At the median Heritage Park house ($627k purchase, $597/week rent), weekly mortgage repayments sit at roughly $772 — about $175 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Heritage Park's property market trends?
#Heritage Park's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 13 days — slower than a year ago by 5; sales supply sits at 4.0 months (loose). Read together — price, rent, selling speed and supply — they show which way the Heritage Park market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Heritage Park as an investment?
#As of June 2026 in Heritage Park, house prices rose +50.0% over the year, gross rental yield is 2.65% against a QLD median of 3.07%, houses take a median 13 days to sell, sales supply is 4.0 months (loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Heritage Park?
#Houses in Heritage Park sell in a median 13 days on market as of June 2026. Days on market have lengthened by 5 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Heritage Park a tight or loose property market right now?
#Heritage Park's sales market sits at 4.0 months of supply for houses as of June 2026 — classified as Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.5 months of supply.
Have property prices in Heritage Park gone up or down?
#House prices in Heritage Park moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Heritage Park?
#Heritage Park's house rental market sits at 0.5 months of supply as of June 2026 — classified as Severe (extreme shortage), with 24 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Heritage Park in its property market cycle?
#Heritage Park's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Heritage Park compare to other QLD suburbs?
#Heritage Park's median house price ($627k) is 18% above the QLD median ($531k) as of June 2026. On selling speed, houses clear in 13 days vs 21 days state median. On gross yield, Heritage Park sits at 2.65% vs 3.07% state median.
How does Heritage Park compare to neighbouring suburbs?
#Heritage Park's most-similar nearby market is Springfield (9.6 km away) with a median house price of $755k — about 20% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Heritage Park?
#The most-transacted segment in Heritage Park over the 12 months to June 2026 is 3 bed houses with 40 sales. 4 bed houses come second at 40 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Heritage Park last year?
#Heritage Park recorded 40 house sales and 0 unit sales over the 12 months to June 2026 — a combined 40 transactions. On the rental side, 24 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Heritage Park in?
#Heritage Park is in postcode 4118, in the Logan & Beaudesert region of QLD. Addresses there are written as Heritage Park, QLD 4118.
What is the population of Heritage Park?
#Heritage Park, QLD 4118 is home to 3,898 residents (ABS Census 2021). The median resident age is 22, and the average household holds 1.9 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Heritage Park?
#The median household in Heritage Park earns $2k per week — roughly $81k a year (ABS Census 2021). Median personal income runs $709/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Heritage Park?
#The unemployment rate in Heritage Park is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Heritage Park?
#Heritage Park is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Heritage Park?
#Heritage Park has 150 schools within reach — including Yugumbir State School, Browns Plains State High School, Browns Plains State School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Heritage Park a good place to live?
#Heritage Park, QLD 4118 has a population of 3,898, a median age of 22, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Heritage Park market data last updated?
#This Heritage Park market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.