Mount Louisa suburb profile
Mount Louisa is a picturesque suburb located in Townsville, Queensland, known for its elevated position offering stunning views of the surrounding area. Situated approximately 10km west of the Townsville CBD, it is a popular choice for families and professionals seeking a balance between city convenience and suburban tranquility. The suburb features a mix of modern homes and established properties, with ample parks and recreational facilities enhancing its appeal. Mount Louisa is well-serviced by local amenities, including schools, shopping centers, and public transport, making it a practical and attractive place to live for those looking to enjoy the North Queensland lifestyle.
Mount Louisa property market performance
Mount Louisa’s property market has experienced significant growth in house values over the past 12 months, with a remarkable 25.3% increase, bringing the median house price to $568,000. In contrast, unit values have remained stable, with no change in the median unit price, which stands at $150,000.
Sales activity has been robust for houses, with 70 sold in the past 12 months, while the unit market has seen only 2 sales. Houses are selling rapidly, with a median of just 8 days on the market, whereas units are taking considerably longer at 78 days, indicating a stronger demand for houses.
The rental market in Mount Louisa has also seen notable changes, with house rents increasing by 10% over the last 12 months, averaging $550. Meanwhile, unit rents have remained unchanged, averaging $270, reflecting a stable demand in the unit rental sector.
Median price - houses$620KPast 3 months
Median price - units$150KPast 3 months
Change in value - houses29.5%12 months
Change in value - units-12.0%12 months
Houses sold52Past 3 months
Units sold2Past 3 months
Median DOM - houses9Past 12 months
Median DOM - units78Past 12 months
Average rent - houses$560Past 12 months
Average rent - units$260Past 12 months
Change in rent - houses9.8%Past 12 months
Change in rent - units-6.3%Past 12 months
Mount Louisa demographics
Mount Louisa, located in the Townsville region of Queensland, is a suburb that offers a blend of suburban tranquility and convenient access to urban amenities. With a population of 9,227 and a median age of 34, it is a community that appeals to young families and professionals alike. The suburb's proximity to Townsville's central business district and various educational institutions makes it an attractive choice for those seeking a balanced lifestyle.
The housing landscape in Mount Louisa is characterized by a significant proportion of home ownership, with 21.6% of properties owned outright and 44.5% owned with a mortgage. This indicates a stable community with many residents investing in long-term living arrangements. Additionally, 33.9% of properties are rented, providing options for those who prefer flexibility or are new to the area.
Family life is a prominent feature of Mount Louisa, with 46.6% of households being couple families with children, and 35% being couple families without children. The presence of one-parent families, making up 16.7% of the community, adds to the suburb's diverse family dynamics. The median total household income of $2,072 per week reflects a relatively comfortable standard of living, supporting a community that values both family and career. With its welcoming atmosphere and strategic location, Mount Louisa continues to be a desirable place for families and individuals seeking a harmonious blend of work and leisure.
Mount Louisa infrastructure, key developments and investment opportunities
Mount Louisa is experiencing significant growth and development that may impact its property market. The suburb's population has increased by 10.5% between 2011 and 2016, reaching 8,830 residents, with further growth to 9,227 by 2021. This population expansion has driven demand for housing, with new residential developments like Greenview, Liberty Rise, and Crestbrook Estates offering a mix of hillside properties with city and coastal views.
The suburb's central location, just 10 minutes from Townsville CBD, major shopping centers, and the airport, enhances its appeal to homebuyers. Infrastructure improvements include the popular Calvary Christian College, which serves both primary and secondary students. Future plans suggest more schools may be built to accommodate the growing population. With its combination of new and established homes, flood-free elevated blocks, and proximity to amenities, Mount Louisa is positioning itself as an increasingly desirable suburb for families and professionals in Townsville.
Mount Louisa rental market trends
The rental market in Mount Louisa has experienced moderate growth, with house rents increasing by 10% over the past year to $550 per week, while unit rents have remained stable at $270 per week. This stability in unit rents, combined with the rise in house rents, suggests a balanced market, making Mount Louisa an attractive option for both renters and investors seeking steady returns in a suburban setting.
Suburbs near Mount Louisa
Some popular suburbs near Mount Louisa include: