Mortgage Choice
Benny Yu

  1. Home
  2. Our Services
  3. Upper Mount Gravatt Mortgage Broker Service

Your local Mortgage Broker at Upper Mount Gravatt can help you find the more suitable home loan

Upper Mount Gravatt is a well-established, family-friendly suburb in Brisbane’s south, offering a mix of affordability and convenience.

Here’s a detailed look at its property market (mid-2024):

1,Property Prices 

  • Median House Price: ~$900,000 - $1.3 million (varies based on size, condition, and proximity to amenities).
  •  Median Unit Price: ~$500,000 - $750,000 (more affordable than nearby suburbs like Holland Park).
  •  Land Value: Strong demand due to its central location and development potential.

 2,Market Trends

  • Steady Growth: Prices have risen over the past decade, benefiting from Brisbane’s overall market growth.
  • High Demand from Families & Investors: Popular due to good schools, transport links, and relative affordability compared to eastern suburbs like Carindale.  
  • Rental Market: Yields around 4-5% for units and 3.5-4.5% for houses.

3,Key Factors Driving Demand

 

  • Great Location– Just 10km from Brisbane CBD, with easy access to Pacific Motorway, Gateway Motorway, and Logan Road.
  • Education– Close to Mount Gravatt State High School and Griffith University (Nathan Campus). 
  • Shopping & Amenities – Near Westfield Mount Gravatt (Garden City) (one of Brisbane’s largest shopping centres) , Mount Gravatt Plaza & Sunnybank Plaza. 
  •  Green Spaces– Proximity to Toohey Forest and Mount Gravatt Lookout for nature lovers.

 4,Future Prospects

  •  Infrastructure Upgrades: Potential benefits from Brisbane’s transport projects, including improved busways.
  • Gentrification: Older homes are being renovated or replaced with modern builds, lifting the suburb’s appeal.
  • Investor Interest: Units and townhouses are popular for their affordability and rental demand

5, Investment Potential

  • Houses: Best for long-term capital growth, especially renovated homes or those in top school catchments. 
  •  Units/Townhouses: Offer better rental yields(ideal for investors). 
  • First Home Buyers: More affordable entry point compared to nearby suburbs like Holland Park or Mansfield.

6,Comparison to Nearby Suburbs –

  • More affordable than Holland Park, Mansfield, & Carindale, MacGregor and Rochedale
  • Similar to Mount Gravatt East, but Upper Mount Gravatt has slightly better transport links.

Should You Buy in Upper Mount Gravatt?

  • For Families: Great due to schools, parks, and convenience.
  • For Investors: Strong rental demand, especially near Griffith University.
  • For First Home Buyers: One of the more affordable inner-south options.

At Mortgage Choice in Mt Gravatt & Carindale (used to call Mortgage Choice in Garden City), we would like to help you in any way we can.

Contact us at 0455 021 551 today and let us run a free property report to make your property purchase with more confidence, before you put in an offer.

The report will provide you with property details, estimated value, property sale history and a list of properties recently sold in the area, along with some insights into the suburb of your potential new home.

This will save you time and allow you to search for your home with confidence.


Contact us