Suburb Profile Report for Upper Mount Gravatt QLD (4122)

Upper Mount Gravatt House: Median price $608,500, Annual capital growth 6.49%, Number of sales 163, Weekly median advertised rent $400

Upper Mount Gravatt Unit: Median price $462,000, Annual capital growth 3.16%, Number of sales 121, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Upper Mount Gravatt has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.42%

Comparing Upper Mount Gravatt,4122 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Upper Mount Gravatt, 4122 is offering QLD ‘s 303th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.

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

Investment property in Upper Mount Gravatt has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.43%

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

LACK OF BUYER INTEREST may well be the reason that Upper Mount Gravatt is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 188th in terms of most discounted suburbs in QLD

Advertised rents are around the $440 mark per week – giving a return of 4.95% based on the median price in Suburb

Metrics i HOUSE UNIT
$608,500 $462,000
-1.38% -0.65%
1.42% 0.43%
6.49% 3.16%
$400 $440
163 121
3.42% 4.95%
48.42 84.67

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 8852
Median household income ($/weekly) 1155
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 767 8.7
    20-24 years 1019 11.5
    25-34 years 1647 18.6
    35-44 years 1097 12.4
    45-54 years 843 9.5
    Others 3479 39.3
    Age Group
    Census Count Percent(%)
    Not Married 3026 48.3
    Registered Married 2620 41.8
    Defacto Relationship 625 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5251 65.7
    Croatia 276 3.5
    Papua New Guinea 291 3.6
    United Kingdom 297 3.7
    Other 637 8.0
    Others 1239 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 258 3.4
    Christianity 4921 64.8
    Hinduism 201 2.6
    Islam 305 4.0
    No Religion 1788 23.5
    Others 122 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 286 10.2
    $600-$799 260 9.3
    $800-$999 244 8.7
    $1,500-$1,999 356 12.8
    $2,000-$2,499 290 10.4
    Others 1355 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2566 38.3
    Employed, worked full-time 2409 35.9
    Employed, worked part-time 1211 18.1
    Unemployed, looking for work 299 4.5
    Employed, away from work 217 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 391 10.2
    Professionals 965 25.2
    Technicians & trades workers 505 13.2
    Clerical & administrative workers 601 15.7
    Sales 384 10.0
    Others 990 25.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 460 22.1
    Secondary 330 15.9
    Technical or Further Educational Institution 226 10.9
    University or other Tertiary Institutions 890 42.8
    Other type of educational institution 102 4.9
    Others 71 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5657 74.5
    Flat, unit or apartment 1039 13.7
    Semi-detached, row or terrace house, townhouse 887 11.7
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1065 35.6
    Fully owned 1046 35.0
    Being purchased 804 26.9
    Other tenure type 76 2.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals