Suburb Profile Report for Mount Warren Park QLD (4207)

Mount Warren Park House: Median price $380,000, Annual capital growth 3.12%, Number of sales 91, Weekly median advertised rent $370

Mount Warren Park Unit: Median price $193,500, Annual capital growth 1.67%, Number of sales 44, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Mount Warren Park have tracked just higher than the QLD average of 2.11% over the last 12 months.

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

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Mount Warren Park itself are offering an average vendor discount of -4.19% to real estate investors.

In the last year 91 properties changed hands in Mount Warren Park, which puts it as the 264th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $370 weekly from the median priced house in this suburb.

Property investors who have had real estate in Mount Warren Park, 4207 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.00%

While Mount Warren Park,4207 ranked number 292th in QLD for increase in median house value (annualised) increase, it is ranked 264th over the last 5 years.

Mount Warren Park4207 is located in QLD which offers an average discount of -6.00% to property investors. Mount Warren Park itself is showing figures that indicate -4.79% is the average achievable by property buyers investing in the suburb.

A $265 per week rent on the median house gives suburb investors a gross yield of circa 7.12%, without taking into account capital value appreciation, which has been averaging out at 1.67%.

HOUSE UNIT
$380,000 $193,500
-0.52% -3.25%
7.04% -10.00%
3.12% 1.67%
$370 $265
91 44
5.06% 7.12%
57.4 95.36

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 5665
Median household income ($/weekly) 1173
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 756 13.3
    25-34 years 766 13.5
    35-44 years 778 13.7
    45-54 years 767 13.5
    55-64 years 647 11.4
    Others 1950 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 2026 48.1
    Not Married 1704 40.4
    Defacto Relationship 486 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4017 74.0
    Papua New Guinea 481 8.9
    Philippines 41 0.8
    United Kingdom 431 7.9
    Other 144 2.7
    Others 311 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 1.3
    Christianity 3626 70.3
    Hinduism 15 0.3
    Islam 40 0.8
    No Religion 1395 27.0
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 228 12.2
    $600-$799 197 10.5
    $1,000-$1,249 187 10.0
    $1,500-$1,999 267 14.2
    $2,000-$2,499 199 10.6
    Others 798 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1771 41.2
    Not in the labour force 1422 33.1
    Employed, worked part-time 793 18.4
    Unemployed, looking for work 170 4.0
    Employed, away from work 146 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 310 11.4
    Technicians & trades workers 501 18.5
    Clerical & administrative workers 466 17.2
    Sales 304 11.2
    Labourers 336 12.4
    Others 791 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 67 5.7
    Infants/Primary 487 41.3
    Secondary 339 28.8
    Technical or Further Educational Institution 105 8.9
    University or other Tertiary Institutions 146 12.4
    Others 35 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4665 85.5
    Semi-detached, row or terrace house, townhouse 573 10.5
    Flat, unit or apartment 220 4.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 881 43.6
    Fully owned 605 30.0
    Rented 522 25.8
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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