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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:

Common questions about Mount Louisa

  • Is Mount Louisa a nice place to live?

    Mount Louisa is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a fantastic place to live. Nestled in the Townsville region, this charming area is known for its welcoming community vibe and picturesque surroundings. With its elevated position, residents enjoy breathtaking views, adding to the suburb's allure. The suburb is well-equipped with essential amenities, including schools, shopping centers, and public transport, ensuring that everything you need is within easy reach. The peaceful atmosphere and abundance of green spaces make it an ideal location for families seeking a serene yet connected lifestyle.

    Families will find Mount Louisa particularly appealing, thanks to its strong sense of community and family-friendly environment. The suburb offers a variety of recreational activities, with parks and outdoor spaces perfect for children to play and explore. Safety is generally not a major concern, contributing to the suburb's reputation as a secure and comfortable place to raise a family. While Mount Louisa may not have the bustling nightlife of a city center, it compensates with its relaxed suburban charm and proximity to the vibrant Townsville CBD, just a short drive away.

    However, living in Mount Louisa does come with some trade-offs. While the suburb provides a peaceful retreat from the hustle and bustle, those seeking a more dynamic social scene might find it a bit quieter than desired. Additionally, as the suburb continues to grow and develop, residents may experience some changes in the property market and infrastructure. Despite these considerations, Mount Louisa remains a highly desirable suburb for those looking to enjoy a balanced lifestyle in a beautiful setting, making it a nice place to call home.

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  • Is it expensive to live in Mount Louisa?

    Mount Louisa offers a relatively affordable living experience compared to many other suburbs in Queensland. With a current median house price of $568,000 and a median unit price of $150,000, buying property here is generally more accessible than in more metropolitan areas. For those considering renting, the average rent for houses is $550 per week, while units average around $270 per week, making it a cost-effective option for renters as well.

    When comparing the average wage in Mount Louisa, which stands at $85,000 per year, to the median total household income of $2,072 per week, it appears that residents have a comfortable income level relative to the cost of housing. This balance suggests that living in Mount Louisa is manageable for individuals and families earning the average wage. Overall, Mount Louisa presents a great opportunity for those seeking a more affordable lifestyle without compromising on the benefits of suburban living.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Mount Louisa a good place to invest?

    Mount Louisa is showing promising signs as a potential investment hotspot, particularly for those interested in the housing market. Over the past year, the suburb has experienced a significant 25.3% increase in median house values, indicating strong demand and a robust market. This impressive growth suggests that Mount Louisa is becoming increasingly attractive to buyers, likely due to its appealing lifestyle and amenities.

    While the unit market in Mount Louisa has remained stable with no change in median values or rents, the housing sector is thriving. Rental prices for houses have increased by 10% over the last year, highlighting a strong rental demand that could provide investors with reliable rental income. This trend suggests that houses in Mount Louisa are in high demand, making it an appealing option for those looking to invest in property.

    Overall, Mount Louisa presents a compelling opportunity for investors, particularly in the housing market. With substantial growth in house values and rental prices, the suburb offers potential for both capital appreciation and steady rental returns. While the unit market remains flat, the thriving housing sector makes Mount Louisa a suburb worth considering for property investment.

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