Suburb Profile Report for Mount Warren Park QLD (4207)

Mount Warren Park House: Median price $384,500, Annual capital growth 1.17%, Number of sales 96, Weekly median advertised rent $380

Mount Warren Park Unit: Median price $217,000, Annual capital growth 1.01%, Number of sales 32, Weekly median advertised rent $268

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Mount Warren Park have tracked just lower than the QLD average of 2.63% over the last 12 months.

Mount Warren Park,4207 was ranked 3066 in Australia by increase in median property value over the quarter.

Mount Warren Park4207 is located in QLD which offers an average discount of -6.63% to property investors. Mount Warren Park itself is showing figures that indicate -4.46% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Mount Warren Park the average time real estate has been on the market is 68.08 days.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Investment property in Mount Warren Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.44%

A 11.28% growth in median value for property investors in Mount Warren Park,4207 puts this suburb at number 113th in terms of best performing suburbs in QLD

Vendor discounting in Mount Warren Park is giving property investors an average Vendor Discount of around -6.00%. This puts suburb at number 129th in QLD when ranking the most discounted suburbs.

At number 1102 in a list of fastest selling suburbs, Mount Warren Park is in the bottom 30% of suburbs in Australia with an average of days on market 93.17 for properties listed there.

Metrics i HOUSE UNIT
$384,500 $217,000
-1.16% 0.93%
-1.16% 12.44%
1.17% 1.01%
$380 $268
96 32
5.14% 6.41%
68.08 93.17

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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Recent sales & rentals