Suburb Profile Report for Mountain Creek QLD (4557)

Mountain Creek House: Median price $540,000, Annual capital growth 3.11%, Number of sales 221, Weekly median advertised rent $500

Mountain Creek Unit: Median price $382,000, Annual capital growth 5.55%, Number of sales 51, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mountain Creek has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.93%

Across a shorter period, Mountain Creek, 4557 has seen a median price increase of 0.00% over the last quarter.

Vendor discounting in Mountain Creek is giving property investors an average Vendor Discount of around -4.22%. This puts suburb at number 758th in QLD when ranking the most discounted suburbs.

Residents and property investors in Mountain Creek have been waiting around 64.36 days to sell a property.

With the median price for a house in Mountain Creek being $540000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.81%

QLD has seen average median house prices change by 0.98% which means that Mountain Creek, 4557 has done well for property investors by showing a capital gain of 2.55% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Mountain Creek comes in at number 254th in QLD.

Property investors looking for a bargain in Mountain Creek should be aiming for at least -5.35% off the asking price, which is the average vendor discount being achieved at the moment.

Mountain Creek is 144th on a list of best yielding suburbs for rents in QLD with a 5.58% return

Metrics i HOUSE UNIT
$540,000 $382,000
0.00% 4.66%
0.93% 2.55%
3.11% 5.55%
$500 $410
221 51
4.81% 5.58%
64.36 104.05

Source: CoreLogic

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