Suburb Profile Report for Mount Ommaney QLD (4074)

Mount Ommaney House: Median price $820,000, Annual capital growth 2.14%, Number of sales 32, Weekly median advertised rent $730

Mount Ommaney Unit: Median price $643,750, Annual capital growth 5.29%, Number of sales 12, Weekly median advertised rent $508

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.06% which means that Mount Ommaney, 4074 has done well for property investors by showing a capital gain of 2.50% over the last year

The five-year average increase in median property values for Mount Ommaney,4074 has given property investors a potential capital gain of 11.34% across each of those five years.

Our latest figures would indicate that property sellers in Mount Ommaney are currently offering property investors an average price cut of -8.77% below the asking price at the moment.

At number 1521 in a list of fastest selling suburbs, Mount Ommaney is just in the top half of suburbs in Australia with an average of days on market 73.38 for properties listed there.

Property value increases in Mount Ommaney have tracked just higher than the QLD average of 0.98% over the last 12 months.

With the median price for a house in Mount Ommaney being $643750 and the advertised rent reaching $507.5 the gross rental yield for property investors calculates out to be 4.10%

Metrics i HOUSE UNIT
$820,000 $643,750
-0.30% -3.20%
2.50% 7.29%
2.14% 5.29%
$730 $508
32 12
4.63% 4.10%
73.38 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2333
Median household income ($/weekly) 2125
Median age of persons 45
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 254 10.9
    35-44 years 252 10.8
    45-54 years 401 17.2
    55-64 years 426 18.3
    65-74 years 208 8.9
    Others 792 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 1108 61.0
    Not Married 657 36.2
    Defacto Relationship 51 2.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1355 59.1
    Papua New Guinea 67 2.9
    United Kingdom 140 6.1
    Viet Nam 77 3.4
    Other 186 8.1
    Others 468 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 138 6.3
    Christianity 1427 64.6
    Hinduism 80 3.6
    Judaism 33 1.5
    No Religion 481 21.8
    Others 49 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 57 8.1
    $1,500-$1,999 73 10.3
    $2,500-$2,999 99 14.0
    $3,000-$3,499 86 12.2
    $4,000 or more 92 13.0
    Others 300 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 769 39.4
    Not in the labour force 665 34.1
    Employed, worked part-time 404 20.7
    Unemployed, looking for work 60 3.1
    Employed, away from work 52 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 229 18.8
    Professionals 410 33.6
    Community & personal service workers 89 7.3
    Clerical & administrative workers 187 15.3
    Sales 136 11.1
    Others 170 13.9
    Occupation
    Census Count Percent(%)
    Pre-school 21 3.6
    Infants/Primary 163 27.8
    Secondary 180 30.7
    Technical or Further Educational Institution 34 5.8
    University or other Tertiary Institutions 180 30.7
    Others 9 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1924 87.9
    Semi-detached, row or terrace house, townhouse 224 10.2
    Flat, unit or apartment 40 1.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 391 51.0
    Being purchased 283 36.9
    Rented 86 11.2
    Other tenure type 7 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals