Suburb Profile Report for Mount Lofty QLD (4350)

Mount Lofty House: Median price $450,000, Annual capital growth 4.10%, Number of sales 98, Weekly median advertised rent $350

Mount Lofty Unit: Median price $399,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Mount Lofty, 4350 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.10%.

A 29.12% growth in median value for property investors in Mount Lofty,4350 puts this suburb at number 457th in terms of best performing suburbs in QLD

Mount Lofty4350 is located in QLD which offers an average discount of -6.86% to property investors. Mount Lofty itself is showing figures that indicate -5.42% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Mount Lofty have been waiting around 69.42 days to sell a property.

Advertised rents are around the $350 mark per week – giving a return of 4.04% based on the median price in Suburb

A 86.45% growth in median value for property investors in Mount Lofty,4350 puts this suburb at number 186th in terms of best performing suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Mount Lofty is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 4th in terms of most discounted suburbs in QLD

Mount Lofty, 4350’s gross rental yield is 3.26%

YIP MAG Information supplied by:

YIP MAG
June 2016

M
O

W
E
In Toowoomba’s northeast, Mount Lofty has seen some lofty house price growth in recent years.Full summary In Toowoomba’s northeast, Mount Lofty has seen some lofty house price growth in recent years.

Over the past three years the median house price has increased 44%, while it’s risen 46% in the last five.

Despite that strong growth, houses in Mount Lofty are still relatively affordable, with the median house price sitting at $483,000.

Houses in the suburb are spending an average of 59 days on the market, and vendors are willing to offer an average discount of 5% to see a sale through.

Mount Lofty is just a short drive from the centre of Toowomba, which offers public transport options, and there are also two hospitals within 10km.

Houses in Mount Lofty are currently returning a rental yield of 4%, and the vacancy rate is a healthy 2.51%.Close
Metrics i HOUSE UNIT
$450,000 $399,000
0.00% -0.13%
-1.10% N/A
4.10% N/A
$350 $250
98 13
4.04% 3.26%
69.42 80.7

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Mount Lofty QLD
Demographics
Total population 3847
Median household income ($/weekly) 1386
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 595 15.5
    25-34 years 341 8.9
    35-44 years 504 13.1
    45-54 years 567 14.7
    55-64 years 439 11.4
    Others 1400 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 1451 54.9
    Not Married 1003 37.9
    Defacto Relationship 189 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3251 88.4
    Papua New Guinea 72 2.0
    South Africa 42 1.1
    United Kingdom 132 3.6
    Other 70 1.9
    Others 109 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.6
    Christianity 2881 81.0
    Islam 3 0.1
    Other Religious Groups 24 0.7
    No Religion 622 17.5
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 108 8.6
    $600-$799 121 9.6
    $1,250-$1,499 108 8.6
    $1,500-$1,999 163 13.0
    $2,000-$2,499 126 10.0
    Others 630 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1174 41.1
    Not in the labour force 968 33.9
    Employed, worked part-time 551 19.3
    Employed, away from work 93 3.3
    Unemployed, looking for work 68 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 250 13.8
    Professionals 577 31.8
    Technicians & trades workers 225 12.4
    Community & personal service workers 176 9.7
    Clerical & administrative workers 221 12.2
    Others 364 20.1
    Occupation
    Census Count Percent(%)
    Pre-school 43 4.1
    Infants/Primary 372 35.5
    Secondary 386 36.8
    Technical or Further Educational Institution 68 6.5
    University or other Tertiary Institutions 158 15.1
    Others 22 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3272 94.9
    Semi-detached, row or terrace house, townhouse 97 2.8
    Flat, unit or apartment 80 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 544 39.8
    Being purchased 498 36.4
    Rented 320 23.4
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals