Rural scarcity plus the group's highest rental share (~15%) gives it marginally more tenant depth than its neighbours, and the +23.4% 12-month price move shows demand.
A ~2.8% yield on a $1.34M median is deep negative cash flow, the market is four sales a year, and household income here is the lowest of the group — a thinner buyer base on exit.
Forested range acreage: septic/tank/bushfire-clearing upkeep the LRBA cannot fund, ~30 min from rail and hospital — permanently narrow tenant and resale catchments.
A lifestyle acreage locality with a slightly-less-thin rental base than its peers, but still no SMSF cash-flow case. Pass unless land-banking dry, low-maintenance ground for the very long hold.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ◐ Mixed | 9.1% compound over 5 yrs, 23.4% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ✗ Bad | 2.8% gross — heavy negative cash flow inside the fund — the growth has to justify it. PropTrack via suburb page |
| Flood risk | ◐ Mixed | No suburb-level event confirmed; a forested range/creek locality sharing the hinterland's flash-flood and isolation profile — verify at address level. BOM Pine/Caboolture brochure; MBRC Flood Check |
| Crime | ◐ Mixed | No published suburb-level rate — a ~390-person locality under the very-low Dayboro/Petrie divisions; directionally low but unverified. OpenStats 2022-24 (division-level) |
| Infrastructure | ✗ Bad | No township, rail or hospital; ~28-32 min to Petrie/Dayboro — remote lifestyle acreage. Transport factpack (est.) |
| Owner-occupier appeal | ✓ Good | 85% owned / 15% rented, 82% family households — owner-occupier depth supports prices and resale; verify tenant demand separately (listings volume, room demand). ABS via suburb page |
| New supply risk | ✓ Good | Rural-zoned scarcity with no pipeline under the 75%-rural policy. Supply factpack; MBRC Planning Scheme |
| Distance to rail | ✗ Bad | No station; ~28-32 min to Petrie rail — no commuter catchment. Translink network; transport factpack |
| Housing stock & upkeep | ✗ Bad | Acreage stock on range terrain (septic, tanks, bushfire clearing) — high land upkeep the fund cannot borrow to improve. editorial — acreage judgment |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $880,000 | 7 |
| 2021-08-31 | $937,000 | 4 |
| 2021-09-30 | $1,137,500 | 4 |
| 2021-10-31 | $1,137,500 | 4 |
| 2021-11-30 | $1,137,500 | 4 |
| 2021-12-31 | $1,137,500 | 4 |
| 2022-01-31 | $1,350,000 | 4 |
| 2022-02-28 | $1,600,000 | 2 |
| 2022-03-31 | $1,600,000 | 2 |
| 2022-04-30 | $1,225,000 | 4 |
| 2022-05-31 | $1,225,000 | 4 |
| 2022-06-30 | $1,225,000 | 4 |
| 2022-07-31 | $1,225,000 | 4 |
| 2022-08-31 | $1,225,000 | 4 |
| 2022-09-30 | $1,050,000 | 3 |
| 2022-10-31 | $1,050,000 | 3 |
| 2022-11-30 | $1,050,000 | 3 |
| 2022-12-31 | $1,050,000 | 3 |
| 2023-01-31 | $995,000 | 2 |
| 2023-02-28 | $995,000 | 2 |
| 2023-03-31 | $995,000 | 2 |
| 2023-05-31 | $1,000,000 | 1 |
| 2023-06-30 | $951,000 | 2 |
| 2023-07-31 | $951,000 | 2 |
| 2023-08-31 | $951,000 | 2 |
| 2023-09-30 | $951,000 | 2 |
| 2023-10-31 | $902,000 | 3 |
| 2023-11-30 | $902,000 | 3 |
| 2023-12-31 | $902,000 | 3 |
| 2024-01-31 | $951,000 | 4 |
| 2024-02-29 | $1,000,000 | 5 |
| 2024-03-31 | $1,000,000 | 5 |
| 2024-04-30 | $1,000,000 | 5 |
| 2024-05-31 | $1,201,000 | 4 |
| 2024-06-30 | $1,500,000 | 3 |
| 2024-07-31 | $1,500,000 | 3 |
| 2024-08-31 | $1,500,000 | 3 |
| 2024-09-30 | $1,500,000 | 3 |
| 2024-10-31 | $1,525,000 | 2 |
| 2024-11-30 | $1,500,000 | 3 |
| 2024-12-31 | $1,500,000 | 3 |
| 2025-01-31 | $1,338,250 | 4 |
| 2025-02-28 | $1,176,500 | 3 |
| 2025-03-31 | $1,176,500 | 3 |
| 2025-04-30 | $1,176,500 | 3 |
| 2025-05-31 | $1,176,500 | 3 |
| 2025-06-30 | $1,085,750 | 4 |
| 2025-07-31 | $1,085,750 | 4 |
| 2025-08-31 | $1,085,750 | 4 |
| 2025-09-30 | $1,085,750 | 4 |
| 2025-10-31 | $1,085,750 | 4 |
| 2025-11-30 | $995,000 | 5 |
| 2025-12-31 | $995,000 | 5 |
| 2026-01-31 | $995,000 | 3 |
| 2026-02-28 | $1,047,500 | 4 |
| 2026-03-31 | $1,100,000 | 5 |
| 2026-04-30 | $1,100,000 | 5 |
| 2026-05-31 | $1,100,000 | 5 |
| 2026-06-30 | $1,340,000 | 4 |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $573/wk | 2 |
| 2021-08-31 | $573/wk | 2 |
| 2021-09-30 | $573/wk | 2 |
| 2021-10-31 | $573/wk | 2 |
| 2021-11-30 | $650/wk | 3 |
| 2021-12-31 | $650/wk | 4 |
| 2022-01-31 | $650/wk | 4 |
| 2022-02-28 | $650/wk | 3 |
| 2022-03-31 | $650/wk | 3 |
| 2022-04-30 | $650/wk | 3 |
| 2022-05-31 | $650/wk | 3 |
| 2022-06-30 | $670/wk | 4 |
| 2022-07-31 | $670/wk | 4 |
| 2022-08-31 | $670/wk | 4 |
| 2022-09-30 | $670/wk | 4 |
| 2022-10-31 | $670/wk | 4 |
| 2022-11-30 | $670/wk | 4 |
| 2022-12-31 | $650/wk | 3 |
| 2023-01-31 | $645/wk | 4 |
| 2023-02-28 | $645/wk | 4 |
| 2023-03-31 | $645/wk | 4 |
| 2023-04-30 | $645/wk | 4 |
| 2023-05-31 | $645/wk | 4 |
| 2023-06-30 | $645/wk | 4 |
| 2023-07-31 | $645/wk | 4 |
| 2023-08-31 | $543/wk | 4 |
| 2023-09-30 | $595/wk | 3 |
| 2023-10-31 | $595/wk | 3 |
| 2023-11-30 | $595/wk | 3 |
| 2023-12-31 | $595/wk | 3 |
| 2024-01-31 | $595/wk | 3 |
| 2024-02-29 | $400/wk | 1 |
| 2025-07-31 | $650/wk | 1 |
| 2025-08-31 | $725/wk | 2 |
| 2025-09-30 | $725/wk | 2 |
| 2025-10-31 | $725/wk | 2 |
| 2025-11-30 | $725/wk | 2 |
| 2025-12-31 | $725/wk | 2 |
| 2026-01-31 | $725/wk | 2 |
| 2026-02-28 | $725/wk | 2 |
| 2026-03-31 | $725/wk | 2 |
| 2026-04-30 | $725/wk | 2 |
| 2026-05-31 | $725/wk | 2 |
| 2026-06-30 | $725/wk | 2 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | $1.34m | — | $1.27m | — |
| Median rent | — | — | $800/wk | — |
| Implied yield | — | — | 3.3% | — |
| Address | Sold price |
|---|---|
| 1 Frederick Harris Court, Mount Pleasant | $1,595,000 |
| 431 Mount Brisbane Road, Mount Pleasant | $1,100,000 |
| 156 Freds Road, Mount Pleasant | $490,000 |