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Upper Mount Gravatt

Suburb Profile

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

house
unit

Property investors have seen a 4.5% gain in UPPER MOUNT GRAVATT based on an increase in median home prices for the past three months.

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

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $650,000

Profits averaged 0.53% per annum over a 3-year period, due to an upward trend in home prices in UPPER MOUNT GRAVATT, 4122.

This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.

The gross rental yield in UPPER MOUNT GRAVATT, 4122 is 3.36%.

An average of 8.17 real estate transactions take place per month in UPPER MOUNT GRAVATT which translates to 98 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $650,000 $386,000
GROWTH REPORT
Median Quarterly 4.5% 2.52%
Median 12 month 5.78% 6.48%
Median 3 years 1.59% -14.22%
Median 5 years 13.04% -16.21%
10 years average annual 3.57% 0.22%
Weekly media advert. rent $420 $450
Time on Market 47.4 days 117.4 days
Gross Rental Yield Percent 3.36% 6.06%
demographics (median values)
Total Population
7911
Weekly Household Income
1017
Household Size
2.40
demographics
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