Mount Gravatt is a smaller suburb in Queensland within the Brisbane local government area (postcode 4122). With a population of 3,733, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Gravatt is $1.1 million, having surged 14.6% over the past year. Units have a median price of $631,000 (+19.1% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,001.
Mount Gravatt is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Mount Gravatt offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +14.6% year-on-year.
Mount Gravatt is a smaller suburb in Queensland within the Brisbane local government area (postcode 4122). With a population of 3,733, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Gravatt is $1.1 million, having surged 14.6% over the past year. Units have a median price of $631,000 (+19.1% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,001.
Mount Gravatt is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Mount Gravatt offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +14.6% year-on-year.