Suburb Profile Report for Mount Morgan QLD (4714)

Mount Morgan House: Median price $93,000, Annual capital growth -3.35%, Number of sales 53, Weekly median advertised rent $205

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

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

  • House Report

If you compare the increase in value of investment property in Mount Morgan, 4714 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.09%.

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Morgan comes in at number 803th in QLD.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Morgan, 4714. Typically our figures indicate that -20.10% is being offered, which puts this QLD suburb at 5th most discounted overall in Australia.

On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.

Renters in Suburb are facing rents around $10634 per annum or $204.5 every week.

Metrics i HOUSE UNIT
$93,000 N/A
9.41% N/A
1.09% N/A
-3.35% N/A
$205 N/A
53 N/A
11.43% N/A
91.1212121212121 N/A

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

DSR Score for property investment : Below average (H), Poor (U)
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Demographics
Total population 2114
Median household income ($/weekly) 600
Median age of persons 46
Median housing loan repayment ($/monthly) 867
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 308 14.6
    35-44 years 233 11.0
    45-54 years 286 13.5
    55-64 years 322 15.2
    65-74 years 280 13.2
    Others 686 32.4
    Age Group
    Census Count Percent(%)
    Not Married 757 53.7
    Registered Married 520 36.9
    Defacto Relationship 132 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1690 91.2
    New Zealand 11 0.6
    Papua New Guinea 40 2.2
    United Kingdom 58 3.1
    Other 15 0.8
    Others 39 2.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.3
    Christianity 1257 70.9
    Judaism 3 0.2
    Other Religious Groups 13 0.7
    No Religion 490 27.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 137 18.7
    $400-$599 158 21.5
    $600-$799 113 15.4
    $800-$999 79 10.8
    $1,000-$1,249 64 8.7
    Others 183 24.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 899 60.0
    Employed, worked full-time 322 21.5
    Employed, worked part-time 133 8.9
    Unemployed, looking for work 84 5.6
    Employed, away from work 60 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 78 15.2
    Community & personal service workers 88 17.2
    Clerical & administrative workers 51 9.9
    Machinery operators & drivers 60 11.7
    Labourers 96 18.7
    Others 140 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.5
    Infants/Primary 168 50.6
    Secondary 106 31.9
    Technical or Further Educational Institution 22 6.6
    University or other Tertiary Institutions 16 4.8
    Others 5 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1786 97.4
    Flat, unit or apartment 30 1.6
    Semi-detached, row or terrace house, townhouse 8 0.4
    Improvised home, tent, sleepers out 5 0.3
    House or flat attached to a shop, office 5 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 373 45.8
    Rented 272 33.4
    Being purchased 164 20.1
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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