Is Upper Mount Gravatt a nice place to live?

Upper Mount Gravatt centres on Westfield Garden City and adjoins bushland such as Toohey Forest and Mount Gravatt lookout. The suburb is a younger community, with 46.3% of homes rented though most remain owner-occupied, and couple families without children are the largest family group. Everyday amenity is focused on the shopping centre, which provides major retail, cinemas and a lively café and dining scene, the Garden City Library is located within Westfield Mt Gravatt, and the suburb is well connected by the South East Busway and major roads.

Is it expensive to live in Upper Mount Gravatt?

Homes in Upper Mount Gravatt sit at high multiples of local incomes. A typical local household earned about $1,657 a week at the most recent Census, which is $86,164 a year. The median house price of $1,378,750 works out to about 16.0 times that annual household income, while the median unit price of $910,000 is about 10.6 times annual household income, so buying on these figures sits well above what a typical local household earned. Rent also takes a large share of a typical local household's weekly income. Average house rent of $700 a week and unit rent of $695 a week each work out to roughly 42% of that weekly household income, a large share. If you are renting, that rent share is the most relevant figure; if you are buying, the price multiples are the relevant measure. Whether that feels expensive depends on your own income and circumstances. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Upper Mount Gravatt a good place to invest?

Unit values climbed 30.4% in Upper Mount Gravatt over the past 12 months, while house values rose 14.5%. Unit rents rose 6.9% and house rents rose 6.1%. In both cases capital growth outpaced rental growth: unit values increased by a much larger margin than unit rents, and the same pattern applies to houses. 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.

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Upper Mount Gravatt suburb profile

Upper Mount Gravatt is a residential suburb in Brisbane's southern suburbs, centred on the Westfield Garden City precinct. The housing mix ranges from tree-lined streets of postwar brick cottages to low-rise units and newer townhouses, with larger apartment complexes clustered around the shopping centre.

The shopping centre provides major retail, cinemas and a lively café and dining scene, while everyday conveniences and community services sit close by. The suburb is well connected by the South East Busway and major roads, and adjoins bushland such as Toohey Forest and Mount Gravatt lookout, which offer walking tracks and hilltop views.

Upper Mount Gravatt property market performance

Current median dwelling price$1,144,375Past 3 months

Property growth+22.5%Past 12 months

Upper Mount Gravatt's median house price is $1.38 million, up 14.5% over 12 months, a strong rise. The median unit price is $910,000, up 30.4% over 12 months, a sharp rise. Unit values rose faster than house values, and houses sold more quickly, with a median time on market of 21 days compared with 28 for units.

In Upper Mount Gravatt, unit rents rose 6.9% over 12 months, while unit values ran well ahead over the same period.

	Houses	Units
Median price Past 3 months	$1.38M	$910K
Change in value Past 12 months	14.5%	30.4%
Sold Past 3 months	22	38
Median days on market Past 12 months	21	28
Average rent Past 12 months	$700	$695
Change in rent Past 12 months	6.1%	6.9%

5 year median price trend for houses and units

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Upper Mount Gravatt demographics

Upper Mount Gravatt is a younger community with 46.3% of homes rented, but most homes are still owner-occupied.

Couple families without children are the largest family group, at 42.5% of families. At the 2021 Census, 10,800 people lived in Upper Mount Gravatt.

Upper Mount Gravatt and Queensland

	Suburb	QLD
Median age years	33	38
Median household income weekly	$1,657	$1,675
Couples with children share of families	37.9%	41.2%
Couples without children share of families	42.5%	40.3%
One-parent families share of families	15.7%	16.8%
Homes owned outright share of homes	25.6%	30.1%
Homes with a mortgage share of homes	28.1%	35.6%
Homes rented share of homes	46.3%	34.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Upper Mount Gravatt infrastructure, key developments and investment opportunities

No significant public infrastructure project is reported for Upper Mount Gravatt. The suburb contains the Garden City Library, operated by Brisbane City Council and located within Westfield Mt Gravatt.

Suburbs near Upper Mount Gravatt

Some popular suburbs near Upper Mount Gravatt include:

How does Upper Mount Gravatt compare to nearby suburbs?

Median house prices: Upper Mount Gravatt’s median house price is 3.2% lower than Eight Mile Plains’s.
House price growth: Over the past 12 months, house prices in Upper Mount Gravatt have grown 7.5% higher than in Macgregor.
Unit price growth: Over the past 12 months, unit prices in Upper Mount Gravatt have grown 21.6% higher than in Eight Mile Plains.
Selling speed for houses: Properties in Upper Mount Gravatt are selling 19.2% faster than in Macgregor.
Selling speed for units: Properties in nearby Eight Mile Plains are selling 42.9% faster than in Upper Mount Gravatt.
Investment considerations: In Upper Mount Gravatt, the rental yield for house is 2.2% lower than the Brisbane average, while the rental yield for units is 5.6% higher.
House price growth: Over the past 12 months, house prices in Upper Mount Gravatt have grown 10.7% higher than the average rate of growth across Brisbane.
Unit price growth:Over the past 12 months, unit prices in Upper Mount Gravatt have grown 1.4% higher than the average rate of growth for units across Brisbane.

Common questions about Upper Mount Gravatt

Is Upper Mount Gravatt a nice place to live?
Upper Mount Gravatt centres on Westfield Garden City and adjoins bushland such as Toohey Forest and Mount Gravatt lookout.

The suburb is a younger community, with 46.3% of homes rented though most remain owner-occupied, and couple families without children are the largest family group. Everyday amenity is focused on the shopping centre, which provides major retail, cinemas and a lively café and dining scene, the Garden City Library is located within Westfield Mt Gravatt, and the suburb is well connected by the South East Busway and major roads.
Is it expensive to live in Upper Mount Gravatt?
Homes in Upper Mount Gravatt sit at high multiples of local incomes. A typical local household earned about $1,657 a week at the most recent Census, which is $86,164 a year. The median house price of $1,378,750 works out to about 16.0 times that annual household income, while the median unit price of $910,000 is about 10.6 times annual household income, so buying on these figures sits well above what a typical local household earned.

Rent also takes a large share of a typical local household's weekly income. Average house rent of $700 a week and unit rent of $695 a week each work out to roughly 42% of that weekly household income, a large share. If you are renting, that rent share is the most relevant figure; if you are buying, the price multiples are the relevant measure. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Upper Mount Gravatt a good place to invest?
Unit values climbed 30.4% in Upper Mount Gravatt over the past 12 months, while house values rose 14.5%. Unit rents rose 6.9% and house rents rose 6.1%. In both cases capital growth outpaced rental growth: unit values increased by a much larger margin than unit rents, and the same pattern applies to houses.

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.

Choose the right real estate agents in Upper Mount Gravatt

There are 86 real estate agents in Upper Mount Gravatt, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 37.9% of all sales in the past year.

Commission rates in Upper Mount Gravatt typically range from 2.44% to 3.04%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.