Suburb Profile Report for Little Mountain QLD (4551)

Little Mountain House: Median price $590,000, Annual capital growth 2.36%, Number of sales 164, Weekly median advertised rent $500

Little Mountain Unit: Median price $356,500, Annual capital growth 2.34%, Number of sales 20, Weekly median advertised rent $423

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Little Mountain 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 4.42%

The five-year average increase in median property values for Little Mountain,4551 has given property investors a potential capital gain of 18.00% across each of those five years.

The most recent median price for Little Mountain is $590000, with sellers offering an average of -4.37% off the asking price.

At number 1214 in a list of fastest selling suburbs, Little Mountain is in the TOP 40% of suburbs in Australia with an average of days on market 66.4326 for properties listed there.

When looking at the potential capital gains offered to property investors over the last 3 years, Little Mountain comes in at number 91th in QLD.

Our latest figures would indicate that property sellers in Little Mountain are currently offering property investors an average price cut of -4.73% below the asking price at the moment.

On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.

Property investors should expect to get $422.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$590,000 $356,500
-1.58% 2.59%
4.42% N/A
2.36% 2.34%
$500 $423
164 20
4.41% 6.16%
66.4326241134752 61.1176470588235

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. 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 9044
Median household income ($/weekly) 1113
Median age of persons 39
Median housing loan repayment ($/monthly) 1983
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1576 17.4
    35-44 years 1418 15.7
    45-54 years 1092 12.1
    55-64 years 967 10.7
    65-74 years 926 10.2
    Others 3065 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 3765 60.7
    Not Married 1930 31.1
    Defacto Relationship 506 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6690 77.6
    Papua New Guinea 442 5.1
    South Africa 65 0.8
    United Kingdom 952 11.0
    Other 160 1.9
    Others 314 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 0.8
    Christianity 6252 75.0
    Hinduism 8 0.1
    Other Religious Groups 13 0.2
    No Religion 1996 23.9
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 386 14.3
    $600-$799 271 10.0
    $800-$999 278 10.3
    $1,250-$1,499 268 9.9
    $1,500-$1,999 369 13.6
    Others 1136 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2571 39.3
    Employed, worked full-time 2155 32.9
    Employed, worked part-time 1358 20.7
    Unemployed, looking for work 259 4.0
    Employed, away from work 205 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 554 14.9
    Technicians & trades workers 646 17.4
    Community & personal service workers 423 11.4
    Clerical & administrative workers 576 15.5
    Sales 463 12.4
    Others 1057 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 122 5.5
    Infants/Primary 999 45.2
    Secondary 710 32.2
    Technical or Further Educational Institution 116 5.3
    University or other Tertiary Institutions 207 9.4
    Others 54 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7409 87.7
    Caravan, cabin, houseboat 565 6.7
    Flat, unit or apartment 282 3.3
    Semi-detached, row or terrace house, townhouse 185 2.2
    House or flat attached to a shop, office 10 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1222 40.8
    Fully owned 1087 36.3
    Rented 605 20.2
    Other tenure type 82 2.7
    Tenure Type
Census 2011, ABS
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