Suburb Profile Report for Mountain Creek QLD (4557)

Mountain Creek House: Median price $540,000, Annual capital growth 3.16%, Number of sales 207, Weekly median advertised rent $500

Mountain Creek Unit: Median price $370,000, Annual capital growth 5.53%, Number of sales 53, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 1.88% which means that Mountain Creek, 4557 has done well for property investors by showing a capital gain of 0.00% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mountain Creek 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 -7.31% offered to property buyers. Sellers in Mountain Creek itself are offering an average vendor discount of -4.36% to real estate investors.

The QLD suburb of Mountain Creek, 4557 is in the Sunshine Coast local government area.

Mountain Creek is in the bottom 40% in QLD when comparing median price capital growth over the last year. Mountain Creek gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.66%.

Mountain Creek,4557 has offered an average of -1.66% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Mountain Creek is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 167th in terms of most discounted suburbs in QLD

With the median price for a house in Mountain Creek being $370000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 5.76%

HOUSE UNIT
$540,000 $370,000
0.00% 1.37%
0.00% -1.66%
3.16% 5.53%
$500 $410
207 53
4.81% 5.76%
61.98 94.75

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7015
Median household income ($/weekly) 1345
Median age of persons 35
Median housing loan repayment ($/monthly) 2007
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1088 15.5
    25-34 years 900 12.8
    35-44 years 1047 14.9
    45-54 years 1116 15.9
    55-64 years 700 10.0
    Others 2163 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 2570 51.0
    Not Married 1887 37.4
    Defacto Relationship 587 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5123 76.0
    Papua New Guinea 524 7.8
    South Africa 92 1.4
    United Kingdom 619 9.2
    Other 148 2.2
    Others 236 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 1.0
    Christianity 4436 69.0
    Islam 14 0.2
    Other Religious Groups 16 0.2
    No Religion 1881 29.3
    Others 14 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 210 9.9
    $1,000-$1,249 202 9.6
    $1,250-$1,499 212 10.0
    $1,500-$1,999 331 15.7
    $2,000-$2,499 240 11.4
    Others 917 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2119 40.2
    Not in the labour force 1439 27.3
    Employed, worked part-time 1250 23.7
    Unemployed, looking for work 259 4.9
    Employed, away from work 209 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 387 10.8
    Professionals 550 15.4
    Technicians & trades workers 622 17.4
    Clerical & administrative workers 576 16.1
    Sales 500 14.0
    Others 943 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 97 5.2
    Infants/Primary 682 36.7
    Secondary 616 33.2
    Technical or Further Educational Institution 142 7.7
    University or other Tertiary Institutions 266 14.3
    Others 53 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6084 90.7
    Semi-detached, row or terrace house, townhouse 317 4.7
    Flat, unit or apartment 309 4.6
    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 1049 44.6
    Rented 730 31.1
    Fully owned 567 24.1
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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