Mount Garnet, located in the Tablelands region of Queensland, Australia, presents a unique housing market characterized by its rural charm and affordability. This small town, which originally thrived as a mining hub, offers a range of housing options that are generally more affordable compared to urban centers. Potential buyers and renters can find properties that provide ample space, often accompanied by scenic views of the expansive bushland and mountainous landscapes. The market tends to attract those looking for a quieter lifestyle or seeking to invest in properties that offer a bit of country charm without breaking the bank. While the market is not as fast-paced as in major cities, there can still be competition due to the appeal of the region's natural beauty and tranquility.
Living in Mount Garnet offers a serene lifestyle where the community is tight-knit and welcoming. Residents enjoy a slower pace of life, often engaged in outdoor activities like hiking, fishing, and exploring the nearby national parks. The town itself is equipped with essential amenities, including local shops, a primary school, and a medical center. While it might lack the convenience of urban living, the sense of community and the natural surroundings more than compensate for it. Moreover, being part of the Tablelands, Mount Garnet is within a comfortable driving distance to larger towns such as Atherton and Cairns, allowing residents to enjoy both rural tranquility and access to more comprehensive services and shopping options when needed.
Median Weekly Rent | $190.00 |
Median Monthly Mortgage | $699.00 |
Median Persons Per bed houseroom | 0.97 |
Average Household Size | 2.33 |
Average Age | 51.33 |
Average Income | $471.00 |
Average Cars Per Dwelling | 2.02 |
Average Properties Within 50M | 4 |
Typical 1 bed house | $223,000 |
Typical 2 bed house | $261,000 |
Typical 3 bed house | $371,000 |
Typical 4 bed house | $210,000 |
Typical 5 bed house | $1,118,000 |
Typical 6 bed+ house | $423,000 |
Housing Stock
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Thinking about buying in Mount Garnet? Now could not be a better time, with 726 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $236,000 with prices in this suburb ranging from $20,000 to $1,223,000. The aproximate distance to the coast is 83 Km.
In Mount Garnet there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mount Garnet is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Mount Garnet changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Mount Garnet necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Mount Garnet we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mount Garnet a better buying opportunity than it may have been in the past.
Instant Property Valuation100 Garnet Street, Mount Garnet, QLD, 4872 | 2 | 1 | 0 | Asking Price: $730,000 | |
67 Garnet Street, Mount Garnet, QLD, 4872 | 2 | 1 | 0 | Asking Price: $260,000 | |
16 Nymbool Road, Mount Garnet, QLD, 4872 | 5 | 3 | 0 | Asking Price: $270,000 | |
20 Garnet Street, Mount Garnet, QLD, 4872 | 2 | 1 | 1 |
Mount Garnet State School
(While the above schools are located with the suburb of Mount Garnet there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 8.2 | 21.5 | 31.3 | 51.1 | 94.0 | 2.9 | 21.4 |
Feb | 7.1 | 21.4 | 30.9 | 52.3 | 94.3 | 2.8 | 21.2 |
Mar | 4.8 | 21.0 | 29.9 | 55.4 | 94.4 | 3.0 | 19.7 |
Apr | 1.2 | 19.2 | 28.7 | 51.0 | 90.8 | 4.0 | 19.4 |
May | 0.6 | 17.3 | 26.9 | 51.6 | 90.4 | 4.0 | 17.2 |
Jun | 0.5 | 15.4 | 25.6 | 51.3 | 91.6 | 3.8 | 16.2 |
Jul | 0.2 | 14.5 | 25.3 | 48.3 | 90.4 | 3.9 | 17.3 |
Aug | 0.1 | 14.2 | 26.6 | 40.8 | 90.3 | 3.7 | 19.3 |
Sept | 0.1 | 15.5 | 28.9 | 35.8 | 90.1 | 3.4 | 23.1 |
Oct | 0.7 | 17.4 | 30.4 | 37.0 | 90.0 | 3.4 | 25.1 |
Nov | 1.8 | 19.2 | 31.3 | 41.3 | 90.4 | 3.1 | 25.8 |
Dec | 3.2 | 20.7 | 32.3 | 43.2 | 92.0 | 3.0 | 25.0 |
source: Australian Government Bureau of Meteorology
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