Upper Mount Gravatt is a well-established suburb in Queensland within the Brisbane local government area (postcode 4122). With a population of 10,800, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $86K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Upper Mount Gravatt is $998,000, having surged 13.1% over the past year. Units have a median price of $555,000 (+11% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,954.
Upper Mount Gravatt is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 3 rail stations, 66 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Upper Mount Gravatt offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($998K/$1.1M). The price-to-income ratio of 11.6x is considered stretched. House prices have moved +13.1% year-on-year.
Upper Mount Gravatt is a well-established suburb in Queensland within the Brisbane local government area (postcode 4122). With a population of 10,800, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $86K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Upper Mount Gravatt is $998,000, having surged 13.1% over the past year. Units have a median price of $555,000 (+11% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,954.
Upper Mount Gravatt is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 3 rail stations, 66 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Upper Mount Gravatt offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($998K/$1.1M). The price-to-income ratio of 11.6x is considered stretched. House prices have moved +13.1% year-on-year.