Question 1

Is Mount Peter a nice place to live?

Accepted Answer

Mount Peter sits where flat cane and agricultural plains meet the Atherton Tablelands foothills, giving it a semi-rural, outlook-driven feel. Recent residential developments sit alongside remaining rural blocks, so you’ll find streets with homes suited to families, some larger lots and occasional ridgeline houses with inland views. The area appeals to people after a quieter lifestyle with open green spaces and pockets of remnant bushland, while many day-to-day shops, schools and services are found in nearby Edmonton and Gordonvale.

About 689 people live in Mount Peter and the median age is 30, with family life prominent and most homes owner-occupied (83.9%). The suburb has been declared a Priority Development Area and a master-planned development and infrastructure scheme is being prepared, with planning and funding aimed at water, sewer, roads, schools, parks and community facilities to support roughly 13,145 new homes. Whether it suits you depends on whether a semi-rural, growing suburb with nearby service centres matches what you want.

Question 2

Is it expensive to live in Mount Peter?

Accepted Answer

In Mount Peter, a house renting for about $700 a week would take roughly a third of a typical local household's weekly income at the last Census — about 33.4% of that income. On these figures, rent represents a sizeable share of what a typical local household earned at the last Census, so that rent share is the main number to consider if you are thinking about renting here.

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 Peter a good place to invest?

Accepted Answer

House values in Mount Peter climbed 19.5% over the last 12 months, a strong rise in what houses are worth. House rents rose 4.5% over the same period, a modest increase in the rental income those properties deliver.

If you are weighing Mount Peter as an investment, these numbers show that capital growth for houses was the dominant movement over the year while rental income rose more gently. Whether that balance fits your goals and circumstances is for you to decide.

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	N/A	N/A
Change in value Past 12 months	19.5%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	12	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	4.5%	N/A

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