Suburb Profile Report for Mansfield QLD (4122)

Mansfield House: Median price $778,000, Annual capital growth 4.53%, Number of sales 115, Weekly median advertised rent $500

Mansfield Unit: Median price $425,000, Annual capital growth 0.97%, Number of sales 11, Weekly median advertised rent $405

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

If you compare the increase in value of investment property in Mansfield, 4122 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.96%.

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

Property buyers and investors in Mansfield 4122 should be seeing an average reduction in asking price of around -2.67% . This means that Mansfield is holding prices well when compared to other suburbs in QLD.

On average over the past year, suburb has had 9.58 sales per month, which equates to 115 per year.

Mansfield is 644th on a list of best yielding suburbs for rents in QLD with a 3.34% return

QLD has seen average median house prices change by 8.71% which means that Mansfield, 4122 has done well for property investors by showing a capital gain of -6.59% over the last year

If we look at median property appreciation over just the last three months, Mansfield has given property investors a paper return of 1.19%. This puts Suburb as 236 on a list of fastest fasting appreciating suburbs in QLD

In the last year 11 properties changed hands in Mansfield, which puts it as the 398th most active market in QLD when comparing the number of sales per suburb.

Mansfield, 4122’s gross rental yield is 4.96%

Information supplied by:




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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
$778,000 $425,000
5.99% 1.19%
9.96% -6.59%
4.53% 0.97%
$500 $405
115 11
3.34% 4.96%
35.0428571428571 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (U), Very good (H)
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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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