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Investment Property Mount Gravatt East, QLD, 4122

Suburb Snapshot

Mount Gravatt East is a suburb in the Brisbane Region of Queensland. Mount Gravatt East has a population of 11,840 people and 33.28% of its occupants live in rental accommodation. The median listing price for houses is $1,190,000 and this has changed 8.42% over the past year and changed 19.59% over 2 years.

The median rent in Mount Gravatt East for houses is $650 per week and the median rental yield is 2.84%. Stock on the market for houses/townhouses has changed 55.00% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $646,000 and this has changed 29.20% over the past year. The average unit takes 115 days to sell and the median rent for a unit in Mount Gravatt East is $500 per week, producing a rental yield of 4.02%.

Supply & Demand in Mount Gravatt East, Brisbane

1.12%

Current vacancy rate


61

Rental stock available


11,840

Population


33.28%

Rental population


1.15%

Current vacancy rate


6,310

Rental stock available


1,131,159

Population


32.91%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Mount Gravatt East, Brisbane

  House Townhouses Units
Median listing price $1,190,000 $785,000 $646,000
Median price change - last quarter 7.27% 6.80% 1.33%
Median price change - 1 year 8.42% 25.70% 29.20%
Median price change - 2 years 19.59% 42.72% 32.10%
  House Townhouses Units
Median weekly rent $650 $650 $500
Median yield % 2.84% 4.30% 4.02%
Median rent change - 1 year 6.55% 9.24% 3.09%
  House Units
Previous month sales 9 3
Stock on market previous month 31 14
Stock variance vs. last year 55.00% 75.00%
Average days on market 84 115

Mount Gravatt East investment property listings

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