Suburb Profile Report for Mount Gravatt QLD (4122)

Mount Gravatt House: Median price $646,000, Annual capital growth 6.52%, Number of sales 58, Weekly median advertised rent $435

Mount Gravatt Unit: Median price $460,000, Annual capital growth 6.17%, Number of sales 30, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 3.36% for the last year, Mount Gravatt, 4122 is the 2321th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Gravatt comes in at number 105th in QLD.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Mount Gravatt itself are offering an average vendor discount of -8.58% to real estate investors.

On average over the past year, suburb has had 4.83 sales per month, which equates to 58 per year.

Mount Gravatt is 666th on a list of best yielding suburbs for rents in QLD with a 3.50% return

If you compare the increase in value of investment property in Mount Gravatt, 4122 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.15%.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Mount Gravatt itself are offering an average vendor discount of -4.96% to real estate investors.

At number 566 in a list of fastest selling suburbs, Mount Gravatt is in the TOP 40% of suburbs in Australia with an average of days on market 68.35 for properties listed there.

HOUSE UNIT
$646,000 $460,000
2.54% 3.33%
3.36% -5.15%
6.52% 6.17%
$435 $400
58 30
3.50% 4.52%
44.09 68.35

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
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Recent sales & rentals