Question 1

Is Mansfield a nice place to live?

Accepted Answer

Mansfield sits on gentle hills in southern Brisbane and has an established, leafy character. Quiet streets of post-war brick and weatherboard homes sit beside renovated houses and low-rise units, and the suburb appeals to families and professionals who value roomy blocks, mature trees and ready access to schools, parks and community sporting clubs. A village-style shopping precinct and small local centres cover everyday needs, while arterial roads and regular bus services provide straightforward links to the city and surrounding suburbs.

Home to 8,851 people with a median age of 39, Mansfield is dominated by families — couple families with children are 53.0% and together couple families make up 81.3% of families. About seven in ten homes are owner-occupied and renters are 27.6% of dwellings. Local investment and projects are focused on schools, parks and streetscape work, including park upgrades at Tillack Park, environmental restoration linking Secam Street Park to the Bulimba Creek corridor, and a $3.4 million project to create 10 new learning spaces at Mansfield State High School.

Question 2

Is it expensive to live in Mansfield?

Accepted Answer

Buying looks notably stretched against what locals were earning at the last Census. A median house price of $1,385,000 is about 12.9 times a typical local household's annual income at the last Census, based on a median weekly household income of $2,064.

Renting is less stretched than buying but still not insignificant. A house renting for about $780 a week would take roughly 37.8% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at about $480 a week would take roughly 23.3%, a moderate share. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Mansfield a good place to invest?

Accepted Answer

The clearest movement over the past year in Mansfield was house values, which climbed 13.6%, a strong rise in what houses are worth. House rents also rose, up 7.1%, a solid gain for someone focused on rental income, while unit rents fell 4.0%, a moderate decline. Taken together, houses have been the stronger performer this year on the measures available: they showed both price growth and rent growth, while unit rents moved the other way.

For someone weighing Mansfield as an investment, the figures point to capital growth on the house side over the past 12 months and to rental income that improved for houses but declined for units. Whether that balance suits your objectives and circumstances is for you to judge.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.39M	N/A
Change in value Past 12 months	13.6%	N/A
Sold Past 3 months	21	1
Median days on market Past 12 months	19	N/A
Average rent Past 12 months	$780	$480
Change in rent Past 12 months	7.1%	-4.0%

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