Unit 4,
3 CHELMSFORD ROAD Mango Hill QLD 4509

About North Lakes - Mango Hill

With an average age of 28, households expect an average monthly mortgage payment of $1,473 or a weekly rent payment of $375. The average family earns a weekly income of $1,651 with a typical household size of 2.5 and a 94.32% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mango Hill due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Mango Hill classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mango Hill requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

Kallangur Mango Hill East Murrumba Downs Rothwell Lawnton Kippa-Ring Mango Hill Petrie Dakabin Bray Park

General Points of Interest

Sandgate Swimming Pool Pony Club Sandgate Squash Redcliffe Lagoon Brisbane North Institute of TAFE - Bracken Ridge Bee Gees Way Old Hornibrook Bridge (Southern Portal) Peacekeeping Forces Memorial Scarborough Bowls Club Tennis Hut

Population

(Country of Birth not stated 7%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  North Lakes State College

• The Lakes College

  North Lakes, QLD, 4509 Independent Prep-12

  NAPLAN

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• St Benedict's College

  Mango Hill, QLD, 4509 Independent 7-12

  NAPLAN

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website