Suburb Profile Report for Mount Gravatt East QLD (4122)

Mount Gravatt East House: Median price $650,000, Annual capital growth 4.10%, Number of sales 153, Weekly median advertised rent $438

Mount Gravatt East Unit: Median price $397,350, Annual capital growth 1.39%, Number of sales 70, Weekly median advertised rent $412

  • 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
  • Unit Report

Mount Gravatt East, 4122 ranked 488th in QLD when comparing growth in median property values or capital gain over the last 12 months. Mount Gravatt East is one of 2415 in our list for QLD

While Mount Gravatt East,4122 ranked number 654th in QLD for increase in median house value (annualised) increase, it is ranked 315th over the last 5 years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Mount Gravatt East itself are offering an average vendor discount of -5.10% to real estate investors.

Over the last year, property investments in Mount Gravatt East, 4122 have given investors a capital gain of -3.79%. This compares badly with the -0.57% for QLD as a whole.

While Mount Gravatt East,4122 ranked number 208th in QLD for increase in median house value (annualised) increase, it is ranked 248th over the last 5 years.

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 -4.97% is being offered, which puts this QLD suburb at 839th most discounted overall in Australia.

Often selling an investment property can take time, and in Mount Gravatt East the average time real estate has been on the market is 80.3774 days.

Situated 9.11km from the CBD, Mount Gravatt East is one of Brisbane (C) localities in the postcode 4122.

Metrics i HOUSE UNIT
$650,000 $397,350
-1.96% -1.10%
-0.95% -3.79%
4.10% 1.39%
$438 $412
153 70
3.50% 5.39%
43.8067226890756 80.377358490566

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 : Above average (H), Above average (U)
Find a mortgage broker in Mount Gravatt East QLD
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
Chart Table