Mount Gravatt Market Buzz: Unlock Your Dream in Mt Gravatt – A First-Time’s Guide to Success
Are you dreaming of owning your first home in vibrant Mount Gravatt? The Mount Gravatt property market is dynamic, offering exciting opportunities for first-time buyers. This month's newsletter provides insights into current trends, helping you navigate your journey to homeownership with confidence.
Why Now is the Perfect Time to Invest
Brisbane's real estate market is thriving with high demand and rising prices. The limited supply of properties and strong interest from interstate buyers make it an ideal time to invest. Additionally, major events like the Brisbane Olympics are expected to enhance market growth further.
How to Make the Most of the Market
Key Market Trends:
Mount Gravatt has 36 houses available for sale. The median property price for a house is currently $1,016,000 with annual capital growth of 2.63%. There were 29 house sales in the past 12 months. On average, houses spend 22 days on market.
If you're thinking about buying an investment property in Mount Gravatt, consider that rental yields for houses are currently 3.32% with an average median rent of $650 weekly. Houses have seen 4.74% growth in the past quarter, and 2.63% growth in the past 12 months.
The size of Mount Gravatt is approximately 3 square kilometres. It has 7 parks covering nearly 39.5% of total area. The population of Mount Gravatt in 2011 was 3,237 people. By 2016 the population was 3,379 showing a population growth of 4.4% in the area during that time. The predominant age group in Mount Gravatt is 30-39 years.
Households in Mount Gravatt are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Gravatt work in a professional occupation. In 2011, 57.8% of the homes in Mount Gravatt were owner-occupied compared with 55.5% in 2016.
Navigating the property market as a first-time buyer can be overwhelming. Jane Tan, a seasoned real estate professional with 8 years of experience in Brisbane and Logan, is here to help. Jane understands the nuances of the market and is committed to helping you make informed decisions.
Jane's singular goal is to make every client a client for life. She has extensive knowledge of Brisbane areas and has seen the ups and downs of the market. For the past 5 years, Jane has helped many Brisbane clients either find the home that is right for their lifestyle and investment or sell their home to the right buyer. A business and finance background provides a strong foundation to property, allowing Jane to effectively evaluate market conditions to determine the right course of action for both buyers and sellers.
To take advantage of Brisbane's booming property market, get in touch with KGR Properties Group. Our team of experts is ready to guide you through the process, ensuring a smooth and successful investment journey from start to finish.
Stay Ahead with KGR Properties Group
Don't miss out on the latest market insights and exclusive offers! Subscribe to the KGR Properties Group newsletter for the latest updates, promotions, and expert tips. Be informed and make smarter property decisions with our help.
Stay ahead in the Brisbane real estate market. Contact KGR Properties Group here or call our team on 07 3343 4001.
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