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Mount Crosby

POSTAL CODE: QLD, 4306
HOUSE

Property investors enjoyed capital gains of 9.17% over the last 12 months in MOUNT CROSBY, 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 CROSBY are low, as opposed to average gains per annum over the past five years.

The suburb posted a 40.86% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

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

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in MOUNT CROSBY.

MOUNT CROSBY, 4306 ranks 693rd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 740th on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.

Surburb overview

Mount Crosby is a semi-rural suburb within the City of Brisbane, Queensland, located approximately 10.7 kilometres north-east of the Ipswich Central Business District and about 30.1 kilometres south-west of Brisbane's CBD. The suburb encompasses an area of 15.3 square kilometres and is bordered by the Brisbane River to the south and southwest.

According to the 2021 Census, Mount Crosby had a population of 1,860 residents.  The suburb is characterised by a predominantly Australian-born population, with 72.9% of residents born in Australia. The most common ancestries reported were English (32.2%), Australian (23.3%), Irish (11.0%), Scottish (8.3%), and German (4.8%).

Public transportation options in Mount Crosby are limited. According to the 2021 Census, 2.4% of employed residents used public transport for commuting, while 60.4% travelled by car as drivers or passengers.  The suburb's road network provides access to nearby areas, but the availability of public transport services remains minimal.

Essential establishments in Mount Crosby include the Mount Crosby Pumping Station, a heritage-listed facility established in 1892 that continues to supply water to Brisbane and surrounding areas.  The suburb also features a general store with a post office, a bowls club, and a community hall. While there are no schools within Mount Crosby, Mount Crosby State School, a government primary school, is located in the neighbouring suburb of Karana Downs.

Several parks and reserves, including Banksia Drive Reserve, Bullock Dray Road Park, and Platypus Park, support recreational activities in Mount Crosby. Colleges Crossing, a historic ford on the Brisbane River, offers facilities such as barbecues, playgrounds, and a boat ramp, making it a popular spot for picnics, canoeing, and fishing. Additionally, the Tyamolum Scout Park provides camping facilities and outdoor activities for youth groups.

Mount Crosby's blend of historical significance, natural surroundings, and essential services contributes to its appeal within the Brisbane region.

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