Suburb Profile Report for Mount Ommaney QLD (4074)

Mount Ommaney House: Median price $899,000, Annual capital growth 2.71%, Number of sales 10, Weekly median advertised rent $710

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

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

  • House Report

Investment property in Mount Ommaney has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.28%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Ommaney has increased when compared to the 5 year average annual rate.

A $710 per week rent on the median house gives suburb investors a gross yield of circa 4.11%, without taking into account capital value appreciation, which has been averaging out at 2.71%.

Metrics i HOUSE UNIT
$899,000 N/A
2.12% N/A
0.28% N/A
2.71% N/A
$710 N/A
10 N/A
4.11% N/A
N/A N/A

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

DSR Score for property investment : Below average (H), Above average (U)
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Demographics
Total population 2333
Median household income ($/weekly) 2125
Median age of persons 45
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 254 10.9
    35-44 years 252 10.8
    45-54 years 401 17.2
    55-64 years 426 18.3
    65-74 years 208 8.9
    Others 792 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 1108 61.0
    Not Married 657 36.2
    Defacto Relationship 51 2.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1355 59.1
    Papua New Guinea 67 2.9
    United Kingdom 140 6.1
    Viet Nam 77 3.4
    Other 186 8.1
    Others 468 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 138 6.3
    Christianity 1427 64.6
    Hinduism 80 3.6
    Judaism 33 1.5
    No Religion 481 21.8
    Others 49 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 57 8.1
    $1,500-$1,999 73 10.3
    $2,500-$2,999 99 14.0
    $3,000-$3,499 86 12.2
    $4,000 or more 92 13.0
    Others 300 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 769 39.4
    Not in the labour force 665 34.1
    Employed, worked part-time 404 20.7
    Unemployed, looking for work 60 3.1
    Employed, away from work 52 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 229 18.8
    Professionals 410 33.6
    Community & personal service workers 89 7.3
    Clerical & administrative workers 187 15.3
    Sales 136 11.1
    Others 170 13.9
    Occupation
    Census Count Percent(%)
    Pre-school 21 3.6
    Infants/Primary 163 27.8
    Secondary 180 30.7
    Technical or Further Educational Institution 34 5.8
    University or other Tertiary Institutions 180 30.7
    Others 9 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1924 87.9
    Semi-detached, row or terrace house, townhouse 224 10.2
    Flat, unit or apartment 40 1.8
    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 391 51.0
    Being purchased 283 36.9
    Rented 86 11.2
    Other tenure type 7 0.9
    Tenure Type
Census 2011, ABS
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