Suburb Profile Report for Mount Gravatt East QLD (4122)

Mount Gravatt East House: Median price $630,000, Annual capital growth 5.71%, Number of sales 161, Weekly median advertised rent $430

Mount Gravatt East Unit: Median price $463,500, Annual capital growth 4.63%, Number of sales 95, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Mount Gravatt East has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.69% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Gravatt East comes in at number 194th in QLD.

Mount Gravatt East, 4122 is offering QLD ‘s 517th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.

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

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 average capital gain figure when compared to the rest of the state, with 2.32%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Gravatt East has increased when compared to the 5 year average annual rate.

The most recent median price for Mount Gravatt East is $463500, with sellers offering an average of -7.48% off the asking price.

Often selling an investment property can take time, and in Mount Gravatt East the average time real estate has been on the market is 77.56 days.

Situated 7.63km from the CBD, Mount Gravatt East is one of Brisbane localities in the postcode 4122.

Metrics i HOUSE UNIT
$630,000 $463,500
5.88% 0.76%
7.69% 2.32%
5.71% 4.63%
$430 $420
161 95
3.55% 4.71%
43.02 77.56

Source: CoreLogic

DSR Score for property investment : Above average (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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Recent sales & rentals