Get a property report and suburb profile for any property in Upper Mount Gravatt

Upper Mount Gravatt sits in southern Brisbane around the Garden City shopping centre and a busy bus interchange on the South East Busway, which gives the suburb a practical, commuter-friendly feel. Streets close to the retail heart mix post-war brick homes, low-rise units and newer townhouses among established trees. Local life centres on shopping, cafes, community sports fields and neighbourhood parks, with easy access to the walking tracks and bushland around Mount Gravatt for weekend recreation.

The suburb is home to 10,800 people with a median age of 33 and a typical household weekly income of $1,657. Household types are heavily weighted towards couple families, which together make up 80.4% of families, and homes are slightly more often owner-occupied (53.7%) than rented (46.3%). A council-led renewal program is under way to add housing choice, local jobs and stronger links to the busway, Brisbane Metro and the V1 Veloway, alongside park and village-precinct upgrades. That mix tends to suit people who value easy access to shops and regular public transport, particularly families and working professionals.

Housing costs in Upper Mount Gravatt sit noticeably above what local households earned at the last Census. A typical local household had a median total income of $1,657 a week at the last Census (about $86,164 a year). House rents around $700 a week would take about 42.2% of that weekly income, and unit rents around $690 a week would take about 41.6%, which is a large share of a typical local household's income at the last Census. If you're renting rather than buying, those rent shares are the most relevant numbers.

Buying is further from local incomes: the median house price of $1,401,250 is about 16.3 times a typical local annual household income at the last Census, and the median unit price of $895,000 is about 10.4 times. On these figures, purchase prices sit well above what a typical local household earned at the last Census, with house buying particularly stretched. 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.

Unit values have been the stand-out movement in Upper Mount Gravatt over the past 12 months, jumping 32.0%. House values also rose, up 12.4% over the year. Those two figures point to capital growth over the period, and unit values climbed much more steeply than house values.

Rents rose at a solid pace: house rents increased 7.7% and unit rents rose 6.2%, so rental income grew more slowly than property values. If rental income is your main concern, the rent figures are the most relevant; if capital growth matters more, the value figures are the ones to watch. Whether that mix suits your goals and circumstances is for you to weigh up.

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.