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Mount Nebo, QLD 4520
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$970,000
market range $925K-$1.1M
Median Unit
$815,000
Gross Yield (units)
3.8%
1yr Growth (houses)
+9.1%
market range -7.5% to +20.0%
Investment snapshot for Mount Nebo
Mount Nebo has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mount Nebo market and investor summary
In Mount Nebo, QLD 4520, the median house sells for around $970K. House prices have moved +9.1% over the past year. At 2.6% vacancy, it is a broadly balanced rental market.
Houses also take time to sell, around 86 days on market, so plan for a slower exit if you ever need one.
Living in Mount Nebo: people, income and schools
Mount Nebo has a resident population of roughly 430, and the area has been growing steadily, up about 6% over five years. At a median age of 48, it reads as skewed a little older, and 80% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $92,000 a year (about $1,770 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 10.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. Mount Nebo sits about 27 km from the CBD.
- Population
- 430
- +6% over 5yr
- Median age
- 48 years
- Median household income
- $92,000/yr
- Households renting
- 17%
- Family households
- 71%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1100
- Unemployment
- 2.1%
- Distance to CBD
- 27 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mount Nebo
View all →Frequently asked questions about Mount Nebo
What should I check before investing in Mount Nebo?
Mount Nebo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +9.1% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Mount Nebo?
The median property price in Mount Nebo, QLD 4520 is $970K for houses and $815K for units.
What rental yield does Mount Nebo show?
The gross rental yield in Mount Nebo is 3.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Mount Nebo?
House prices in Mount Nebo are up 9.1% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Mount Nebo?
The current vacancy rate in Mount Nebo is 2.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Mount Nebo?
Mount Nebo has a population of approximately 430 residents, with a median age of 48.
What schools are near Mount Nebo?
There are 1 school within roughly 5km of Mount Nebo. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mount Nebo affordable to buy in?
A median house in Mount Nebo costs about 10.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Mount Nebo's population growing?
The population of Mount Nebo has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Mount Nebo from the CBD?
Mount Nebo is about 27 km from the CBD.
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