Suburb Profile Report for Mount Warren Park QLD (4207)

Mount Warren Park House: Median price $420,000, Annual capital growth 1.60%, Number of sales 109, Weekly median advertised rent $390

Mount Warren Park Unit: Median price $238,500, Annual capital growth 1.58%, Number of sales 42, Weekly median advertised rent $280

  • 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

QLD has seen average median house prices change by 12.16% which means that Mount Warren Park, 4207 has done well for property investors by showing a capital gain of 0.00% over the last year

Across a shorter period, Mount Warren Park, 4207 has seen a median price increase of 2.44% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Mount Warren Park is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 434th in terms of most discounted suburbs in QLD

With the median price for a house in Mount Warren Park being $420000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.83%

Property investors who have had real estate in Mount Warren Park, 4207 should be pleased 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 18.36%

Comparing Mount Warren Park,4207 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -6.07% to buyers in Mount Warren Park at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.

Situated 33.82km from the CBD, Mount Warren Park is one of Logan (C) localities in the postcode 4207.

Metrics i HOUSE UNIT
$420,000 $238,500
2.44% -0.62%
0.00% 18.36%
1.60% 1.58%
$390 $280
109 42
4.83% 6.10%
46.7764705882353 118.476190476191

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 (H), Good (U)
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Demographics
Total population 5665
Median household income ($/weekly) 1173
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 756 13.3
    25-34 years 766 13.5
    35-44 years 778 13.7
    45-54 years 767 13.5
    55-64 years 647 11.4
    Others 1950 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 2026 48.1
    Not Married 1704 40.4
    Defacto Relationship 486 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4017 74.0
    Papua New Guinea 481 8.9
    Philippines 41 0.8
    United Kingdom 431 7.9
    Other 144 2.7
    Others 311 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 1.3
    Christianity 3626 70.3
    Hinduism 15 0.3
    Islam 40 0.8
    No Religion 1395 27.0
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 228 12.2
    $600-$799 197 10.5
    $1,000-$1,249 187 10.0
    $1,500-$1,999 267 14.2
    $2,000-$2,499 199 10.6
    Others 798 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1771 41.2
    Not in the labour force 1422 33.1
    Employed, worked part-time 793 18.4
    Unemployed, looking for work 170 4.0
    Employed, away from work 146 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 310 11.4
    Technicians & trades workers 501 18.5
    Clerical & administrative workers 466 17.2
    Sales 304 11.2
    Labourers 336 12.4
    Others 791 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 67 5.7
    Infants/Primary 487 41.3
    Secondary 339 28.8
    Technical or Further Educational Institution 105 8.9
    University or other Tertiary Institutions 146 12.4
    Others 35 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4665 85.5
    Semi-detached, row or terrace house, townhouse 573 10.5
    Flat, unit or apartment 220 4.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 881 43.6
    Fully owned 605 30.0
    Rented 522 25.8
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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