Suburb Profile Report for Mount Gravatt East QLD (4122)

Mount Gravatt East House: Median price $746,000, Annual capital growth 4.93%, Number of sales 215, Weekly median advertised rent $480

Mount Gravatt East Unit: Median price $435,000, Annual capital growth 1.28%, Number of sales 88, 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.

  • House Report
  • Unit Report

Mount Gravatt East is in the TOP 30% in QLD when comparing median price capital growth over the last year. Mount Gravatt East gave property investors a good capital gain figure when compared to the rest of the state, with 16.56%.

If we look at median property appreciation over just the last three months, Mount Gravatt East has given property investors a paper return of 4.78%. This puts Suburb as 373 on a list of fastest fasting appreciating suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Gravatt East, 4122. Typically our figures indicate that -4.47% is being offered, which puts this QLD suburb at 1131th most discounted overall in Australia.

At number 924 in a list of fastest selling suburbs, Mount Gravatt East is in the TOP 30% of suburbs in Australia with an average of days on market 41.3 for properties listed there.

With the median price for a house in Mount Gravatt East being $746000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.35%

At number 872th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Gravatt East, 4122 is in the BOTTOM 50% with a property value increase of 6.10% recorded in median house prices.

A -3.33% growth in median value for property investors in Mount Gravatt East,4122 puts this suburb at number 173th in terms of best performing suburbs in QLD

Property investors looking for a bargain in Mount Gravatt East should be aiming for at least -5.27% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 9.04km from the CBD, Mount Gravatt East is one of Brisbane (C) localities in the postcode 4122.

Metrics i HOUSE UNIT
$746,000 $435,000
4.78% 2.35%
16.56% 6.10%
4.93% 1.28%
$480 $405
215 88
3.35% 4.84%
41.3 52.0833333333333

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 : Good (U), Good (H)
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Demographics
Total population 10891
Median household income ($/weekly) 1477
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1225 11.2
    25-34 years 2027 18.6
    35-44 years 1697 15.6
    45-54 years 1318 12.1
    55-64 years 922 8.5
    Others 3702 34.0
    Age Group
    Census Count Percent(%)
    Not Married 3613 44.0
    Registered Married 3593 43.7
    Defacto Relationship 1010 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 7824 74.0
    Indonesia 232 2.2
    Papua New Guinea 383 3.6
    United Kingdom 386 3.6
    Other 693 6.6
    Others 1062 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 226 2.2
    Christianity 7073 69.1
    Islam 382 3.7
    Other Religious Groups 179 1.7
    No Religion 2223 21.7
    Others 149 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 310 8.4
    $1,250-$1,499 316 8.6
    $1,500-$1,999 510 13.9
    $2,000-$2,499 408 11.1
    $2,500-$2,999 360 9.8
    Others 1775 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3679 42.8
    Not in the labour force 2695 31.4
    Employed, worked part-time 1613 18.8
    Employed, away from work 317 3.7
    Unemployed, looking for work 291 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 630 11.2
    Professionals 1654 29.5
    Technicians & trades workers 690 12.3
    Community & personal service workers 483 8.6
    Clerical & administrative workers 914 16.3
    Others 1240 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 131 5.2
    Infants/Primary 861 33.9
    Secondary 510 20.1
    Technical or Further Educational Institution 280 11.0
    University or other Tertiary Institutions 656 25.8
    Others 101 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8701 83.9
    Semi-detached, row or terrace house, townhouse 953 9.2
    Flat, unit or apartment 697 6.7
    House or flat attached to a shop, office 18 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1463 37.0
    Being purchased 1379 34.9
    Fully owned 1094 27.7
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
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