Suburb Profile Report for Mount Gravatt QLD (4122)

Mount Gravatt House: Median price $845,000, Annual capital growth 3.73%, Number of sales 53, Weekly median advertised rent $460

Mount Gravatt Unit: Median price $527,500, Annual capital growth -1.48%, Number of sales 26, Weekly median advertised rent $310

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Mount Gravatt, 4122 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.49%

Comparing Mount Gravatt,4122 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Mount Gravatt should be aiming for at least -5.01% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 8.88km from the CBD, Mount Gravatt is one of Brisbane (C) localities in the postcode 4122.

Mount Gravatt has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.41% to date .

The five-year average increase in median property values for Mount Gravatt,4122 has given property investors a potential capital gain of -1.72% across each of those five years.

Mount Gravatt, 4122 is offering QLD ‘s 29th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.

On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 6.65%, without taking into account capital value appreciation, which has been averaging out at -1.48%.

Metrics i HOUSE UNIT
$845,000 $527,500
3.18% 3.19%
4.49% 0.41%
3.73% -1.48%
$460 $310
53 26
3.32% 6.65%
63.4814814814815 102.083333333333

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. 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 3237
Median household income ($/weekly) 1218
Median age of persons 36
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 346 10.7
    25-34 years 497 15.3
    35-44 years 471 14.5
    45-54 years 357 11.0
    55-64 years 312 9.6
    Others 1255 38.8
    Age Group
    Census Count Percent(%)
    Not Married 1079 45.3
    Registered Married 1037 43.6
    Defacto Relationship 264 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2322 75.0
    Indonesia 70 2.3
    Papua New Guinea 103 3.3
    United Kingdom 127 4.1
    Other 141 4.6
    Others 333 10.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.9
    Christianity 2035 67.3
    Islam 94 3.1
    Other Religious Groups 47 1.6
    No Religion 750 24.8
    Others 41 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 130 11.2
    $400-$599 98 8.4
    $600-$799 96 8.3
    $1,500-$1,999 151 13.0
    $2,000-$2,499 115 9.9
    Others 572 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 976 38.2
    Not in the labour force 897 35.1
    Employed, worked part-time 482 18.9
    Unemployed, looking for work 106 4.1
    Employed, away from work 96 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 175 11.3
    Professionals 465 30.0
    Technicians & trades workers 180 11.6
    Community & personal service workers 147 9.5
    Clerical & administrative workers 255 16.4
    Others 330 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 25 3.1
    Infants/Primary 258 31.6
    Secondary 151 18.5
    Technical or Further Educational Institution 61 7.5
    University or other Tertiary Institutions 300 36.7
    Others 22 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2423 81.0
    Flat, unit or apartment 439 14.7
    Semi-detached, row or terrace house, townhouse 131 4.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 497 40.0
    Being purchased 389 31.3
    Fully owned 354 28.5
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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