Suburb Profile Report for Little Mountain QLD (4551)

Little Mountain House: Median price $537,000, Annual capital growth 2.93%, Number of sales 182, Weekly median advertised rent $498

Little Mountain Unit: Median price $339,000, Annual capital growth 3.50%, Number of sales 25, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3121th in the list of Australian suburbs ordered by increase in median house value over the last year, Little Mountain, 4551 is in the BOTTOM 30% with a property value increase of -0.56% recorded in median house prices.

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

Property buyers and investors in Little Mountain 4551 should be seeing an average reduction in asking price of around -4.63% . This means that Little Mountain is holding prices well when compared to other suburbs in QLD.

With the median price for a house in Little Mountain being $537000 and the advertised rent reaching $497.5 the gross rental yield for property investors calculates out to be 4.82%

Property value increases in Little Mountain have tracked close to the QLD average of 0.66% over the last 12 months.

A 13.00% growth in median value for property investors in Little Mountain,4551 puts this suburb at number 240th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in Little Mountain are currently offering property investors an average price cut of -6.16% below the asking price at the moment.

Renters in Suburb are facing rents around $4740 per annum or $395 every week.

Metrics i HOUSE UNIT
$537,000 $339,000
0.37% -1.17%
-0.56% -0.29%
2.93% 3.50%
$498 $395
182 25
4.82% 6.06%
52.17 94.21

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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Recent sales & rentals