Suburb Profile Report for Mount Gravatt East QLD (4122)

Mount Gravatt East House: Median price $593,000, Annual capital growth 5.65%, Number of sales 192, Weekly median advertised rent $430

Mount Gravatt East Unit: Median price $455,000, Annual capital growth 4.98%, Number of sales 112, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

Mount Gravatt East is an average performer in QLD when comparing median price capital growth over the last year. Mount Gravatt East gave property investors a good capital gain figure when compared to the rest of the state, with 4.26%.

Across a shorter period, Mount Gravatt East, 4122 has seen a median price increase of -0.27% over the last quarter.

Property buyers and investors in Mount Gravatt East 4122 should be seeing an average reduction in asking price of around -5.41% . This means that Mount Gravatt East is holding prices well when compared to other suburbs in QLD.

The QLD suburb of Mount Gravatt East, 4122 is in the Brisbane local government area.

Over the last year, property investments in Mount Gravatt East, 4122 have given investors a capital gain of 1.11%. This compares averagely with the 1.70% for QLD as a whole.

The five-year average increase in median property values for Mount Gravatt East,4122 has given property investors a potential capital gain of 16.67% across each of those five years.

Property buyers and investors in Mount Gravatt East 4122 should be seeing an average reduction in asking price of around -5.94% . This means that Mount Gravatt East is holding prices well when compared to other suburbs in QLD.

In the last year 112 properties changed hands in Mount Gravatt East, which puts it as the 79th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $410 and the average annual increase in value of a median property of 4.98%, investors should hope to achieve an overall return of 4.69%

HOUSE UNIT
$593,000 $455,000
-0.27% 0.22%
4.26% 1.11%
5.65% 4.98%
$430 $410
192 112
3.77% 4.69%
49.65 86.11

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10891
Median household income ($/weekly) 1477
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1225 11.2
    25-34 years 2027 18.6
    35-44 years 1697 15.6
    45-54 years 1318 12.1
    55-64 years 922 8.5
    Others 3702 34.0
    Age Group
    Census Count Percent(%)
    Not Married 3613 44.0
    Registered Married 3593 43.7
    Defacto Relationship 1010 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 7824 74.0
    Indonesia 232 2.2
    Papua New Guinea 383 3.6
    United Kingdom 386 3.6
    Other 693 6.6
    Others 1062 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 226 2.2
    Christianity 7073 69.1
    Islam 382 3.7
    Other Religious Groups 179 1.7
    No Religion 2223 21.7
    Others 149 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 310 8.4
    $1,250-$1,499 316 8.6
    $1,500-$1,999 510 13.9
    $2,000-$2,499 408 11.1
    $2,500-$2,999 360 9.8
    Others 1775 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3679 42.8
    Not in the labour force 2695 31.4
    Employed, worked part-time 1613 18.8
    Employed, away from work 317 3.7
    Unemployed, looking for work 291 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 630 11.2
    Professionals 1654 29.5
    Technicians & trades workers 690 12.3
    Community & personal service workers 483 8.6
    Clerical & administrative workers 914 16.3
    Others 1240 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 131 5.2
    Infants/Primary 861 33.9
    Secondary 510 20.1
    Technical or Further Educational Institution 280 11.0
    University or other Tertiary Institutions 656 25.8
    Others 101 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8701 83.9
    Semi-detached, row or terrace house, townhouse 953 9.2
    Flat, unit or apartment 697 6.7
    House or flat attached to a shop, office 18 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1463 37.0
    Being purchased 1379 34.9
    Fully owned 1094 27.7
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
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