Suburb Profile Report for Mango Hill QLD (4509)

Mango Hill House: Median price $527,000, Annual capital growth 2.16%, Number of sales 147, Weekly median advertised rent $440

Mango Hill Unit: Median price $347,000, Annual capital growth -0.70%, Number of sales 29, Weekly median advertised rent $355

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. 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 Mango Hill, 4509 should be relatively 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 1.35%

The five-year average increase in median property values for Mango Hill,4509 has given property investors a potential capital gain of 22.56% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Mango Hill itself are offering an average vendor discount of -5.25% to real estate investors.

Mango Hill is 545th on a list of best yielding suburbs for rents in QLD with a 4.34% return

Investment property in Mango Hill has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.57%

Over the longer term, Mango Hill has seen property prices show investors a -3.94% return over the last 3 years. This is an improvement over the last 12 months

The most recent median price for Mango Hill is $347000, with sellers offering an average of -7.03% off the asking price.

Using the current median advertised rental of $355 and the average annual increase in value of a median property of -0.70%, investors should hope to achieve an overall return of 5.32%

Metrics i HOUSE UNIT
$527,000 $347,000
-1.50% 1.54%
1.35% -0.57%
2.16% -0.70%
$440 $355
147 29
4.34% 5.32%
64.1935483870968 97.2941176470588

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 4339
Median household income ($/weekly) 1678
Median age of persons 33
Median housing loan repayment ($/monthly) 2069
Average household size 3
  • Census Count Percent(%)
    5-14 years 776 17.9
    25-34 years 539 12.4
    35-44 years 818 18.8
    45-54 years 549 12.6
    55-64 years 370 8.5
    Others 1288 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 1733 57.5
    Not Married 941 31.2
    Defacto Relationship 341 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3025 72.2
    Papua New Guinea 277 6.6
    South Africa 100 2.4
    United Kingdom 446 10.7
    Other 114 2.7
    Others 225 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.7
    Christianity 3026 75.7
    Hinduism 30 0.8
    Other Religious Groups 20 0.5
    No Religion 884 22.1
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 107 8.5
    $1,250-$1,499 93 7.3
    $1,500-$1,999 221 17.5
    $2,000-$2,499 193 15.2
    $2,500-$2,999 140 11.1
    Others 512 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1468 47.6
    Not in the labour force 756 24.5
    Employed, worked part-time 622 20.2
    Employed, away from work 128 4.1
    Unemployed, looking for work 111 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 275 12.4
    Professionals 345 15.6
    Technicians & trades workers 330 14.9
    Clerical & administrative workers 400 18.1
    Sales 269 12.1
    Others 596 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 64 5.4
    Infants/Primary 523 44.5
    Secondary 328 27.9
    Technical or Further Educational Institution 87 7.4
    University or other Tertiary Institutions 140 11.9
    Others 34 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3733 89.6
    Semi-detached, row or terrace house, townhouse 249 6.0
    Flat, unit or apartment 186 4.5
    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 701 50.7
    Rented 378 27.4
    Fully owned 279 20.2
    Other tenure type 24 1.7
    Tenure Type
Census 2011, ABS
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