Suburb Profile Report for Mount Morgan QLD (4714)

Mount Morgan House: Median price $84,000, Annual capital growth -2.80%, Number of sales 47, Weekly median advertised rent $190

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

Giving property investors a a poor capital gain of -16.67% for the last year, Mount Morgan, 4714 is the 4208th highest performer in Australia in this respect.

Across a shorter period, Mount Morgan, 4714 has seen a median price increase of -4.89% over the last quarter.

Mount Morgan4714 is located in QLD which offers an average discount of -7.44% to property investors. Mount Morgan itself is showing figures that indicate -20.19% is the average achievable by property buyers investing in the suburb.

At number 3401 in a list of fastest selling suburbs, Mount Morgan is in the bottom 30% of suburbs in Australia with an average of days on market 108.18 for properties listed there.

With the median price for a house in Mount Morgan being $87500 and the advertised rent reaching $185 the gross rental yield for property investors calculates out to be 10.99%

Metrics i HOUSE UNIT
$84,000 N/A
-4.00% N/A
-25.33% N/A
-2.80% N/A
$190 N/A
47 N/A
11.76% N/A
123 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Below average (H), Below average (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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