Suburb Profile Report for Mansfield QLD (4122)

Mansfield House: Median price $683,750, Annual capital growth 4.22%, Number of sales 120, Weekly median advertised rent $495

Mansfield Unit: Median price $418,500, Annual capital growth 3.75%, Number of sales 10, Weekly median advertised rent $350

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

With a capital gain of 0.55% for the last 12 months, Mansfield, 4122 has performed for property investments than its average annual 4.22% property growth over the last 5 years.

Mansfield,4122 has offered an average of 0.55% return per annum in house price rises to property investors over the last three years.

At number 564th of QLD’s most discounted properties, Mansfield is in the TOP 20% of the state/territory when listing in order of most discounted to least.

A $495 per week rent on the median house gives suburb investors a gross yield of circa 3.76%, without taking into account capital value appreciation, which has been averaging out at 4.22%.

Mansfield has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.59% to date .

Taking the average capital gain, or increase in median house value, Mansfield,4122 has racked up an average of 3.59% over the period. This ranks it number 1120th in the whole country for real estate investors looking at median house price increases.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 3.75%.

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Median House Price: $685k

Current Yield (houses): 3.7%

Average annual growth (houses): 4.4%

Median Unit Price: $425k

Current Yield (units): 4%

Average annual growth (units): 4.3%

A suburb of Brisbane, Mansfield is located only 14km from Brisbane’s central business district. The market has made steady incline, with house values tracking an average annual growth rate of 4.4%, and unit values 4.3%.

Head of research at DSRdata.com.au and LocationScore, Jeremy Sheppard, says vacancy rates are on a good path. “They have tightened from 2% to a tad above 1% over the last couple of years,” he says.

“The percentage of stock on market peaked at over 1% in late 2018. But it fell sharply over the middle of 2019 to sit at around 0.5%.”

The breadth of schools in the immediate and surrounding region, as well as pockets of nature have made it popular for families.

Director of Metropole Property Strategists, Michael Yardney, says good infrastructure has also contributed towards the suburb becoming one of the most sought-after in south eastern Brisbane.

“[Mansfield] will also benefit greatly from the commercial and retail expansion of Mt Gravatt, but tucked away in a more family friendly environment,” Yardney says.

Unit values come in at the median price of $425k coupled with a strong rental yield of 4%. Investors can potentially take away a median weekly rental income of $490 for houses and $330 for units.

Metrics i HOUSE UNIT
$683,750 $418,500
0.11% -1.53%
0.55% 3.59%
4.22% 3.75%
$495 $350
120 10
3.76% 4.35%
45.73 N/A

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 8473
Median household income ($/weekly) 1453
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1173 13.8
    25-34 years 966 11.4
    35-44 years 1234 14.6
    45-54 years 1148 13.5
    55-64 years 974 11.5
    Others 2979 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 3444 52.7
    Not Married 2677 41.0
    Defacto Relationship 409 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5915 71.5
    Papua New Guinea 321 3.9
    South Africa 125 1.5
    United Kingdom 308 3.7
    Other 492 5.9
    Others 1114 13.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 206 2.6
    Christianity 5930 73.9
    Hinduism 160 2.0
    Islam 238 3.0
    No Religion 1408 17.5
    Others 83 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 233 8.9
    $600-$799 246 9.4
    $1,500-$1,999 334 12.8
    $2,000-$2,499 309 11.8
    $2,500-$2,999 281 10.7
    Others 1215 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2578 38.8
    Not in the labour force 2256 33.9
    Employed, worked part-time 1333 20.1
    Unemployed, looking for work 242 3.6
    Employed, away from work 237 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 411 9.9
    Professionals 1061 25.6
    Technicians & trades workers 512 12.3
    Clerical & administrative workers 708 17.1
    Sales 429 10.3
    Others 1028 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 93 4.2
    Infants/Primary 774 35.3
    Secondary 631 28.8
    Technical or Further Educational Institution 158 7.2
    University or other Tertiary Institutions 488 22.3
    Others 46 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7905 95.1
    Semi-detached, row or terrace house, townhouse 312 3.8
    Flat, unit or apartment 99 1.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1095 38.5
    Being purchased 1023 35.9
    Rented 717 25.2
    Other tenure type 12 0.4
    Tenure Type
Census 2011, ABS
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