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Mount Ommaney

POSTAL CODE: QLD, 4074
HOUSE

Property investors enjoyed capital gains of 27.88% over the last 12 months in MOUNT OMMANEY, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in MOUNT OMMANEY are low, as opposed to average gains per annum over the past five years.

The suburb posted a 31.07% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $915 based on current median home prices for the suburb.

On average, rents on listings have reached the $915 mark, reflecting a 2.58% increase in returns based on the current median price in MOUNT OMMANEY.

MOUNT OMMANEY, 4074 ranks 70th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 677th on the list of best yielding suburbs for rental properties in QLD, posting a 2.58% return.

Surburb overview

Mount Ommaney, QLD 4074, is a tranquil suburb approximately 15.8 kilometres southwest of Brisbane's central business district. The suburb is known for its elevated position along the Brisbane River, offering scenic views and a mix of high-quality homes. As of the 2021 Census, Mount Ommaney had a population of 2,503 people, with the predominant age group being 50 years and above, making it a popular choice for families, retirees, and professionals.

The suburb primarily features large, detached homes on spacious blocks over 1,000 square metres. The median house price is approximately $1,350,000, and rental properties have a median rent of $980 per week, with rental yields around 3.6%. Mount Ommaney is known for its affluent residential character and peaceful environment.

Mount Ommaney has a strong sense of community. Residents can access local amenities such as the Mount Ommaney Shopping Centre, a hub for retail and dining. The area also has parks, a golf course, and the Brisbane City Council’s Mount Ommaney Library, which hosts community events. There are no standard primary or secondary schools within the suburb, but nearby schools like Jindalee State School and Centenary State High School cater to residents' educational needs.

The suburb is well-connected by public transport. Multiple bus routes run through the Mount Ommaney Shopping Centre bus station, providing easy access to Brisbane CBD and surrounding areas.

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