Suburb Profile Report for Mount Morgan QLD (4714)

Mount Morgan House: Median price $100,000, Annual capital growth 0.85%, Number of sales 38, Weekly median advertised rent $190

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

Source: CoreLogic

  • House Report

At number 3741th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Morgan, 4714 is in the BOTTOM 10% with a property value increase of -9.09% recorded in median house prices.

Over the longer term, Mount Morgan has seen property prices show investors a -28.57% return over the last 3 years. This is an improvement over the last 12 months

Vendor discounting in Mount Morgan is giving property investors an average Vendor Discount of around -18.19%. This puts suburb at number 6th in QLD when ranking the most discounted suburbs.

At number 3627 in a list of fastest selling suburbs, Mount Morgan is in the bottom 10% of suburbs in Australia with an average of days on market 154.25 for properties listed there.

Mount Morgan is 8th on a list of best yielding suburbs for rents in QLD with a 9.88% return

HOUSE UNIT
$100,000 N/A
-9.09% N/A
-9.09% N/A
0.85% N/A
$190 N/A
38 N/A
9.88% N/A
154.25 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Very poor (U)
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Demographics
Total population 2114
Median household income ($/weekly) 600
Median age of persons 46
Median housing loan repayment ($/monthly) 867
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 308 14.6
    35-44 years 233 11.0
    45-54 years 286 13.5
    55-64 years 322 15.2
    65-74 years 280 13.2
    Others 686 32.4
    Age Group
    Census Count Percent(%)
    Not Married 757 53.7
    Registered Married 520 36.9
    Defacto Relationship 132 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1690 91.2
    New Zealand 11 0.6
    Papua New Guinea 40 2.2
    United Kingdom 58 3.1
    Other 15 0.8
    Others 39 2.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.3
    Christianity 1257 70.9
    Judaism 3 0.2
    Other Religious Groups 13 0.7
    No Religion 490 27.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 137 18.7
    $400-$599 158 21.5
    $600-$799 113 15.4
    $800-$999 79 10.8
    $1,000-$1,249 64 8.7
    Others 183 24.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 899 60.0
    Employed, worked full-time 322 21.5
    Employed, worked part-time 133 8.9
    Unemployed, looking for work 84 5.6
    Employed, away from work 60 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 78 15.2
    Community & personal service workers 88 17.2
    Clerical & administrative workers 51 9.9
    Machinery operators & drivers 60 11.7
    Labourers 96 18.7
    Others 140 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.5
    Infants/Primary 168 50.6
    Secondary 106 31.9
    Technical or Further Educational Institution 22 6.6
    University or other Tertiary Institutions 16 4.8
    Others 5 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1786 97.4
    Flat, unit or apartment 30 1.6
    Semi-detached, row or terrace house, townhouse 8 0.4
    Improvised home, tent, sleepers out 5 0.3
    House or flat attached to a shop, office 5 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 373 45.8
    Rented 272 33.4
    Being purchased 164 20.1
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals