Mount Low (postcode 4818) is a medium-sized suburb in Queensland within the Townsville local government area. The area has roughly 5,488 residents and a young professional demographic, with a median age of 29. Households earn a median income of $117K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Australian, English, Scottish.
Mount Low has a median house price of $685,000, holding roughly steady year-on-year. The current median weekly rent is $590. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,733.
The crime rate in the Townsville LGA is higher than average at 10,578 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.5%, which reads as moderate yield. Property prices sit below the state median ($685K/$1.1M), which can point to relative value. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.