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Mount Pleasant, QLD 4740
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$730,000
market range $700K-$825K
Median Unit
$500,000
list-price estimate
Gross Yield (units)
4.8%
1yr Growth (houses)
+12.5%
market range +10.0% to +17.5%
Investment snapshot for Mount Pleasant
Mount Pleasant has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mount Pleasant market and investor summary
In Mount Pleasant, QLD 4740, the median house sells for around $730K. House prices have moved +12.5% over the past year and +54.2% over three years. At 2.4% vacancy, it is a broadly balanced rental market.
Living in Mount Pleasant: people, income and schools
About 4,694 people live in Mount Pleasant, and the area has been growing steadily, up about 7% over five years. At a median age of 41, it reads as skewed a little older, and 74% 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 $88,000 a year (about $1,690 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to about 8.3 times local household income, in line with much of metropolitan Australia. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Families have 28 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 22 for walkability and 27 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 4,694
- +7% over 5yr
- Median age
- 41 years
- Median household income
- $88,000/yr
- Households renting
- 32%
- Family households
- 69%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 28
- avg ICSEA 996
- Unemployment
- 2.7%
- Walk score
- 22/100
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 Pleasant
View all →Frequently asked questions about Mount Pleasant
What should I check before investing in Mount Pleasant?
Mount Pleasant has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Capital growth of +12.5% 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 Pleasant?
The median property price in Mount Pleasant, QLD 4740 is $730K for houses.
What rental yield does Mount Pleasant show?
The gross rental yield in Mount Pleasant is 4.8% 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 Pleasant?
House prices in Mount Pleasant are up 12.5% over the past year and up 54.2% over three years. 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 Pleasant?
The current vacancy rate in Mount Pleasant is 2.4%. 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 Pleasant?
Mount Pleasant has a population of approximately 4,694 residents, with a median age of 41.
What schools are near Mount Pleasant?
There are 28 schools within roughly 5km of Mount Pleasant. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mount Pleasant affordable to buy in?
A median house in Mount Pleasant costs about 8.3 times the median local household income (broadly in line with metropolitan Australia). 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 Pleasant's population growing?
The population of Mount Pleasant has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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