Suburb Profile Report for Mountain Creek QLD (4557)

Mountain Creek House: Median price $570,000, Annual capital growth 2.82%, Number of sales 220, Weekly median advertised rent $500

Mountain Creek Unit: Median price $419,000, Annual capital growth 5.49%, Number of sales 65, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 5.56% for the last 12 months, Mountain Creek, 4557 has performed for property investments than its average annual 2.82% property growth over the last 5 years.

Comparing Mountain Creek,4557 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Mountain Creek 4557 should be seeing an average reduction in asking price of around -3.68% . This means that Mountain Creek is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Mountain Creek the average time real estate has been on the market is 57.67 days.

Property investors who have had real estate in Mountain Creek, 4557 should be relatively 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 12.26%

Mountain Creek,4557 was ranked 902 in Australia by increase in median property value over the quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.93% offered to property buyers. Sellers in Mountain Creek itself are offering an average vendor discount of -3.10% to real estate investors.

Residents and property investors in Mountain Creek have been waiting around 96.23 days to sell a property.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Metrics i HOUSE UNIT
$570,000 $419,000
3.63% 0.48%
5.56% 12.26%
2.82% 5.49%
$500 $420
220 65
4.56% 5.21%
57.67 96.23

Source: CoreLogic

DSR Score for property investment : Above average (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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