Question 1

Is Mount Morgan a nice place to live?

Accepted Answer

Mount Morgan is a historic mining town centred on a volcanic-capped hill and the Dee River. It retains a timber and brick heritage streetscape and the former mine site remains a prominent part of the skyline.

The community is older, with incomes below the Queensland median and many households owning their homes outright, and couples without children make up 44.0% of families. The main street contains cafés, shops and community clubs, with nearby lookouts, walking tracks and riverside spots for outdoor recreation, and regional roads link Mount Morgan with Rockhampton and other coastal centres. The Mount Morgan Water Supply Pipeline project is scheduled for completion and will carry potable water from Gracemere.

Question 2

Is it expensive to live in Mount Morgan?

Accepted Answer

A typical local household earned about $779 a week at the most recent Census. In Mount Morgan, an average house rent of $430 a week would take about 55% of that weekly income, which is a large share of income on these figures.

On the buying side, the median house price of $382,000 works out to about 9.4 times a typical local annual household income, so buying sits well above local incomes. If you are renting rather than buying, that rent share is the figure that will matter most to you.

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 Mount Morgan a good place to invest?

Accepted Answer

A 29.8% rise in median house values in Mount Morgan over the past 12 months is the most notable movement here, while house rents rose a modest 2.4% in the same period.

For houses in Mount Morgan, that means capital growth has outpaced rental income over the year, with the change in values considerably larger than the change in rents.

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	$382K	N/A
Change in value Past 12 months	29.8%	N/A
Sold Past 3 months	16	N/A
Median days on market Past 12 months	32	N/A
Average rent Past 12 months	$430	N/A
Change in rent Past 12 months	2.4%	N/A

	Suburb	QLD
Median age years	52	38
Median household income weekly	$779	$1,675
Couples with children share of families	25.7%	41.2%
Couples without children share of families	44.0%	40.3%
One-parent families share of families	26.0%	16.8%
Homes owned outright share of homes	51.9%	30.1%
Homes with a mortgage share of homes	21.3%	35.6%
Homes rented share of homes	26.8%	34.3%

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

Mount Morgan suburb profile

Mount Morgan property market performance

Mount Morgan demographics

Suburbs near Mount Morgan

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

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market