Mount Warren Park suburb profile
Mount Warren Park is a serene suburb located in the Logan City region of Queensland, offering a peaceful residential environment with a touch of natural beauty. Situated approximately halfway between Brisbane and the Gold Coast, it provides residents with convenient access to both urban centers. The suburb is known for its family-friendly atmosphere, featuring parks, schools, and recreational facilities. Mount Warren Park Golf Club is a notable local attraction, providing a picturesque setting for golf enthusiasts. With a mix of established homes and new developments, Mount Warren Park appeals to families and individuals seeking a balanced lifestyle.
Mount Warren Park property market performance
Current median dwelling price$599,500Past 3 months
Property growth+17.9%Past 12 months
Mount Warren Park's property market has shown notable growth over the past 12 months. House values have increased by 12.8%, with the current median house price at $810,000. Although the median unit price is not available, unit values have surged by 23%, indicating a strong demand for units in the area.
Sales activity has been moderate, with 29 houses and 5 units sold in the past 12 months. Houses are selling slightly faster than units, with a median of 44 days on the market compared to 48 days for units, suggesting a balanced demand across property types.
The rental market in Mount Warren Park has remained relatively stable over the last 12 months. The average rent for houses has held steady at $620, while unit rents have increased by 3.6%, reaching an average of $435, reflecting a modest rise in rental demand for units.
Houses | Units | |
---|---|---|
Median price Past 3 months | $810K | N/A |
Change in value Past 12 months | 12.8% | 23.0% |
Sold Past 3 months | 29 | 5 |
Median days on market Past 12 months | 44 | 48 |
Average rent Past 12 months | $620 | $435 |
Change in rent Past 12 months | N/A | 3.6% |
5 year median price trend for houses and units
Mount Warren Park demographics
Mount Warren Park, located in the Logan City area of Queensland, offers a suburban lifestyle with a touch of tranquility, making it an appealing choice for families and retirees. With a population of 5,736 and a median age of 41, the suburb is home to a mature community that values a peaceful environment while still being within reach of urban amenities. The median total household income of $1,496 per week reflects a comfortable standard of living for its residents.
Family life is a significant aspect of Mount Warren Park, with couple families with children making up 39.3% of the population, closely followed by couple families without children at 40.5%. This balance indicates a community that caters to both growing families and those enjoying the quieter phase of life. One-parent families account for 18.6%, adding to the suburb's diverse family dynamics.
In terms of housing, Mount Warren Park presents a stable property market with a high rate of home ownership. A substantial 32.6% of properties are owned outright, while 44.7% are owned with a mortgage, suggesting a strong sense of community and long-term residency. The rental market is relatively small, with only 22.7% of properties being rented, which may appeal to those looking for a more settled and community-focused environment. Overall, Mount Warren Park offers a harmonious blend of family-friendly living and suburban comfort, making it a desirable location for those seeking a balanced lifestyle.
Mount Warren Park infrastructure, key developments and investment opportunities
Mount Warren Park is experiencing steady growth and development. The suburb's proximity to Beenleigh and its mix of residential zones, including low and low-medium density areas, make it an attractive option for families and professionals. Recent improvements to public transport, including enhanced bus services and connectivity to Beenleigh train station, have increased the area's accessibility and appeal to commuters.
The presence of community facilities, recreational spaces, and the Mount Warren Park golf course contribute to the suburb's livability. While no major infrastructure projects are currently underway, the ongoing development of nearby areas and the suburb's strategic location within Logan City suggest potential for future growth. The local real estate market remains active, with a median house price of $755,000 and annual capital growth of 16.15%, indicating strong demand for properties in the area.
Mount Warren Park rental market trends
The rental market in Mount Warren Park has remained stable, with house rents holding steady at $620 per week over the past year. Unit rents have seen a modest increase of 3.6%, reaching $435 per week. This stability, combined with the suburb's appealing lifestyle and amenities, makes Mount Warren Park an attractive option for renters seeking affordability and convenience.
Suburbs near Mount Warren Park
Some popular suburbs near Mount Warren Park include:
How does Mount Warren Park compare to nearby suburbs?
- Median house prices: Mount Warren Park’s median house price is 10.5% higher than Beenleigh’s.
- Median unit prices: Mount Warren Park’s median unit price is 7.4% lower than Beenleigh’s.
- House price growth: Over the past 12 months, house prices in Mount Warren Park have grown 0.1% higher than in Bahrs Scrub.
- Unit price growth: Over the past 12 months, unit prices in Mount Warren Park have grown 10.3% higher than in Holmview.
- Selling speed for houses: Properties in Mount Warren Park are selling 2.2% faster than in Loganholme.
- Selling speed for units: Properties in Mount Warren Park are selling 4.0% faster than in Beenleigh.
- Investment considerations: In Mount Warren Park, the rental yield for house is 8.1% lower than the Brisbane average, while the rental yield for units is 29.2% lower.
- House price growth: Over the past 12 months, house prices in Mount Warren Park have grown 27.7% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Mount Warren Park have grown 38.1% lower than the average rate of growth for units across Brisbane.