OA Logo Green
search icon

Get a property report and suburb profile for any property in Mount Gravatt

Join the 2 million Australians* who use our services every year.

Geo Page

Mount Gravatt suburb profile

Mount Gravatt is a well-established suburb located approximately 10km southeast of Brisbane's CBD, known for its blend of residential, commercial, and natural attractions. The suburb is home to the iconic Mount Gravatt Lookout, offering panoramic views of the city and surrounding areas. With a mix of traditional Queenslander homes and modern apartments, it caters to a diverse community of families, students, and professionals. The area boasts excellent educational institutions, including Griffith University, and is well-served by public transport and major roadways. Mount Gravatt's vibrant shopping precincts, parks, and community facilities make it a desirable location for those seeking a balanced urban lifestyle.

Mount Gravatt property market performance

Current median dwelling price$994,500Past 3 months

Property growth+24.5%Past 12 months

Mount Gravatt’s property market has experienced significant growth over the past 12 months, particularly in the housing sector. House values have surged by 36.9%, with the median house price reaching $1.35 million. In contrast, unit values have seen a more modest increase of 8.6%.

Sales activity has been relatively low, with 14 houses and 8 units sold in the past 12 months. However, properties are moving quickly, with houses spending a median of just 16 days on the market, while units take slightly longer at 20 days, indicating strong demand.

The rental market in Mount Gravatt has also seen notable changes, with house rents increasing by 9.8% and unit rents rising by 19.8% over the last 12 months, reflecting a robust rental demand in the area.

HousesUnits
Median price
Past 3 months
$1.32MN/A
Change in value
Past 12 months
34.9%14.2%
Sold
Past 3 months
207
Median days on market
Past 12 months
1620
Average rent
Past 12 months
$750$625
Change in rent
Past 12 months
7.9%20.2%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Mount Gravatt demographics

Mount Gravatt, located in Brisbane's southern suburbs, is a vibrant community known for its family-friendly atmosphere and convenient access to both urban amenities and natural attractions. With a population of 3,733 and a median age of 36, the suburb is home to a diverse mix of residents, including young families, professionals, and long-term locals. The area is well-regarded for its educational institutions, parks, and shopping facilities, making it an attractive option for those seeking a balanced lifestyle.

The suburb's housing market reflects a blend of ownership and rental opportunities. Approximately 23.2% of properties are owned outright, while 33.3% are owned with a mortgage, indicating a stable community with a mix of established homeowners and new buyers. The rental market is also significant, with 43.5% of properties being rented, appealing to those who prefer flexibility or are new to the area. This diverse housing landscape supports a dynamic community environment.

Family structures in Mount Gravatt are varied, with 44.3% of households being couple families with children, and 36.5% being couple families without children. One-parent families make up 16.6% of the community, highlighting the suburb's inclusivity and support for different family dynamics. The area's median total household income of $1,875 per week suggests a comfortable standard of living, supported by local employment opportunities and access to Brisbane's broader job market. Overall, Mount Gravatt offers a welcoming and well-rounded community for residents of all ages.

Suburbs near Mount Gravatt

Some popular suburbs near Mount Gravatt include:

  • Mount Gravatt East: Known for its suburban charm and family-friendly atmosphere, Mount Gravatt East is located directly east of Mount Gravatt.
  • Holland Park West: Featuring a mix of residential and green spaces, Holland Park West is situated to the north of Mount Gravatt.
  • Mansfield: Renowned for its excellent schools and community feel, Mansfield lies to the southeast of Mount Gravatt.
  • Holland Park: Known for its vibrant community and convenient location, Holland Park is located to the northwest of Mount Gravatt.
  • Macgregor: Offering a diverse range of amenities and proximity to major shopping centers, Macgregor is situated to the southwest of Mount Gravatt.

How does Mount Gravatt compare to nearby suburbs?

  • Median house prices: Mount Gravatt’s median house price is 11.8% lower than Mount Gravatt East’s.
  • Median unit prices: Mount Gravatt’s median unit price is 10.1% lower than Mount Gravatt East’s.
  • House price growth: Over the past 12 months, house prices in Mount Gravatt have grown 14.4% higher than in Mount Gravatt East.
  • Unit price growth: Over the past 12 months, unit prices in Mount Gravatt have grown 14.2% higher than in Holland Park.
  • Selling speed for houses: Properties in Mount Gravatt are selling 5.9% faster than in Mount Gravatt East.
  • Selling speed for units: Properties in Mount Gravatt are selling 4.8% faster than in Macgregor.
  • Investment considerations: In Mount Gravatt, the rental yield for house is 5.8% higher than the Brisbane average, while the rental yield for units is 4.3% lower.
  • House price growth: Over the past 12 months, house prices in Mount Gravatt have grown 15.5% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Mount Gravatt have grown 4.0% lower than the average rate of growth for units across Brisbane.

Choose the right real estate agents in Mount Gravatt

In Mount Gravatt ,49 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 39.5% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.44% and 3.04%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

Geo Page

Get a head start and compare top local agents in Mount Gravatt

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
Get a free property reporticon right chevron
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
Get a comparative estimateicon right chevron
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.
Understand your local marketicon right chevron