Suburb Profile Report for Little Mountain QLD (4551)

Little Mountain House: Median price $535,000, Annual capital growth 3.16%, Number of sales 191, Weekly median advertised rent $495

Little Mountain Unit: Median price $362,000, Annual capital growth 4.61%, Number of sales 18, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Little Mountain, 4551 have given investors a capital gain of 0.00%. This compares badly with the 2.51% for QLD as a whole.

Comparing Little Mountain,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Little Mountain is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 574th in terms of most discounted suburbs in QLD

Renters in Suburb are facing rents around $5940 per annum or $495 every week.

Property investors who have had real estate in Little Mountain, 4551 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.53%

While Little Mountain,4551 ranked number 28th in QLD for increase in median house value (annualised) increase, it is ranked 80th over the last 5 years.

Property investors looking for a bargain in Little Mountain should be aiming for at least -6.88% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $400 mark per week – giving a return of 5.75% based on the median price in Suburb

Metrics i HOUSE UNIT
$535,000 $362,000
0.00% 5.54%
0.00% 17.53%
3.16% 4.61%
$495 $400
191 18
4.81% 5.75%
57.59 108.93

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 9044
Median household income ($/weekly) 1113
Median age of persons 39
Median housing loan repayment ($/monthly) 1983
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1576 17.4
    35-44 years 1418 15.7
    45-54 years 1092 12.1
    55-64 years 967 10.7
    65-74 years 926 10.2
    Others 3065 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 3765 60.7
    Not Married 1930 31.1
    Defacto Relationship 506 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6690 77.6
    Papua New Guinea 442 5.1
    South Africa 65 0.8
    United Kingdom 952 11.0
    Other 160 1.9
    Others 314 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 0.8
    Christianity 6252 75.0
    Hinduism 8 0.1
    Other Religious Groups 13 0.2
    No Religion 1996 23.9
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 386 14.3
    $600-$799 271 10.0
    $800-$999 278 10.3
    $1,250-$1,499 268 9.9
    $1,500-$1,999 369 13.6
    Others 1136 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2571 39.3
    Employed, worked full-time 2155 32.9
    Employed, worked part-time 1358 20.7
    Unemployed, looking for work 259 4.0
    Employed, away from work 205 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 554 14.9
    Technicians & trades workers 646 17.4
    Community & personal service workers 423 11.4
    Clerical & administrative workers 576 15.5
    Sales 463 12.4
    Others 1057 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 122 5.5
    Infants/Primary 999 45.2
    Secondary 710 32.2
    Technical or Further Educational Institution 116 5.3
    University or other Tertiary Institutions 207 9.4
    Others 54 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7409 87.7
    Caravan, cabin, houseboat 565 6.7
    Flat, unit or apartment 282 3.3
    Semi-detached, row or terrace house, townhouse 185 2.2
    House or flat attached to a shop, office 10 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1222 40.8
    Fully owned 1087 36.3
    Rented 605 20.2
    Other tenure type 82 2.7
    Tenure Type
Census 2011, ABS
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