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Mount Gravatt East

Suburb Profile

Mount Gravatt East - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4122

house
unit

Based on its average 5-year and quarterly capital gains MOUNT GRAVATT EAST, 4122 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT GRAVATT EAST, 4122 obtained a 3.21% growth over a ten-year period. It ranks 2271st on our list of suburbs that property investors should look into.

MOUNT GRAVATT EAST, 4122 in QLD belongs to the local government area of Brisbane (C).

MOUNT GRAVATT EAST, 4122 has a capital gain of -0.54% for the past year, which is lower than average compared to its 16.01% growth within a five-year period.

With the median home price in MOUNT GRAVATT EAST sitting at $645,000, and the average rent at $435, property owners could potentially earn a 3.51% increase in gross rental yield.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $645,000 $415,000
GROWTH REPORT
Median Quarterly 2.38% 3.75%
Median 12 month -0.54% 3.3%
Median 3 years 0.78% -3.49%
Median 5 years 16.01% -7.78%
10 years average annual 3.21% 0.98%
Weekly media advert. rent $435 $405
Time on Market 46.0 days 38.3 days
Gross Rental Yield Percent 3.51% 5.07%
demographics (median values)
Total Population
10247
Weekly Household Income
1086
Household Size
2.50
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