Suburb Profile Report for Mount Gravatt QLD (4122)

Mount Gravatt House: Median price $640,000, Annual capital growth 5.67%, Number of sales 58, Weekly median advertised rent $420

Mount Gravatt Unit: Median price $469,500, Annual capital growth 7.60%, Number of sales 37, Weekly median advertised rent $400

  • 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 2.51% which means that Mount Gravatt, 4122 has done well for property investors by showing a capital gain of 0.79% over the last year

Across a shorter period, Mount Gravatt, 4122 has seen a median price increase of -0.31% over the last quarter.

Sellers are offering property buyers an average discount of -7.95% to buyers in Mount Gravatt at the moment, which is less than average for the rest of QLD.

Mount Gravatt, 4122 ranked 9th in QLD when comparing growth in median property values or capital gain over the last 12 months. Mount Gravatt is one of 2415 in our list for QLD

Over the longer term, Mount Gravatt has seen property prices show investors a 9.19% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Mount Gravatt are currently offering property investors an average price cut of -4.34% below the asking price at the moment.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.60%, investors should hope to achieve an overall return of 4.43%

Metrics i HOUSE UNIT
$640,000 $469,500
-0.31% 0.11%
0.79% 24.37%
5.67% 7.60%
$420 $400
58 37
3.41% 4.43%
50.95 65.15

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3237
Median household income ($/weekly) 1218
Median age of persons 36
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 346 10.7
    25-34 years 497 15.3
    35-44 years 471 14.5
    45-54 years 357 11.0
    55-64 years 312 9.6
    Others 1255 38.8
    Age Group
    Census Count Percent(%)
    Not Married 1079 45.3
    Registered Married 1037 43.6
    Defacto Relationship 264 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2322 75.0
    Indonesia 70 2.3
    Papua New Guinea 103 3.3
    United Kingdom 127 4.1
    Other 141 4.6
    Others 333 10.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.9
    Christianity 2035 67.3
    Islam 94 3.1
    Other Religious Groups 47 1.6
    No Religion 750 24.8
    Others 41 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 130 11.2
    $400-$599 98 8.4
    $600-$799 96 8.3
    $1,500-$1,999 151 13.0
    $2,000-$2,499 115 9.9
    Others 572 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 976 38.2
    Not in the labour force 897 35.1
    Employed, worked part-time 482 18.9
    Unemployed, looking for work 106 4.1
    Employed, away from work 96 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 175 11.3
    Professionals 465 30.0
    Technicians & trades workers 180 11.6
    Community & personal service workers 147 9.5
    Clerical & administrative workers 255 16.4
    Others 330 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 25 3.1
    Infants/Primary 258 31.6
    Secondary 151 18.5
    Technical or Further Educational Institution 61 7.5
    University or other Tertiary Institutions 300 36.7
    Others 22 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2423 81.0
    Flat, unit or apartment 439 14.7
    Semi-detached, row or terrace house, townhouse 131 4.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 497 40.0
    Being purchased 389 31.3
    Fully owned 354 28.5
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals