Moreton Bay – Pine Rivers Urban – Suburb Report: Mango Hill, QLD

November 22, 2024 |

suburbs

Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).


Overview

Mango Hill, situated in the Moreton Bay region, is a thriving suburb known for its modern housing developments, excellent amenities, and family-friendly environment. Its strategic location near North Lakes and Brisbane ensures its popularity among families and professionals seeking a balanced lifestyle.


Demographics

  • Population: Approximately 14,500 (2021 Census, ABS).
  • Median Age: 34 years, reflecting a young, dynamic, and family-oriented community.
  • Dwelling Type: Predominantly standalone houses, with a growing number of townhouses and modern units.
  • Ownership: High ownership rates, indicative of long-term residential stability.

Property Market (2024)

Houses

  • Median Sale Price: $860,000 (+12.8% annual growth).
  • Median Weekly Rent: $620.
  • Rental Yield: 3.7%.
  • Sales Volume: 175 recorded house sales in the past 12 months.

Units

  • Median Sale Price: $525,000 (+14.5% annual growth).
  • Median Weekly Rent: $490.
  • Rental Yield: 4.8%.

Long-Term Trends (2006–2024)

Mango Hill’s property market has experienced significant growth, with the median house price increasing from $340,000 in 2006 to $860,000 in 2024. This reflects an average annual growth rate of approximately 6.6%.

Recent Notable Sales

  • 12 Forest Grove Street: Sold for $990,000 (Nov 2024).
  • 3 Mango Hill Boulevard: Sold for $1,050,000 (Nov 2024).
  • 18 Jacaranda Avenue: Sold for $915,000 (Oct 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Mango Hill provides access to several quality educational facilities:

  • Primary Schools:
    • Mango Hill State School.
    • Mango Hill State Secondary College.
  • Secondary Schools:
    • North Lakes State College.
  • Private Schools:
    • The Lakes College.

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Mango Hill Market Place: Features retail stores, dining options, and essential services.
  • Nearby Options: North Lakes Westfield offers extensive retail, dining, and entertainment facilities.

Parks and Recreation

  • Capestone Lake: A scenic spot for walking, kayaking, and family picnics.
  • Halpine Lake: Offers open spaces, walking trails, and community events.
  • Mango Hill Community Centre: Hosts various programs and events for residents.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Mango Hill is well-connected via Bruce Highway, providing easy access to Brisbane and Sunshine Coast.
  • Public Transport:
    • Mango Hill train station and bus routes offer convenient travel options to Brisbane and surrounding areas.
  • Walkability:
    • Moderate; local amenities and parks are accessible by car or public transport.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Residential Growth: Continued development of modern housing estates and apartments to cater to the growing population.
  • Community Investments: Enhancements to parks, schools, and public transport infrastructure to support population expansion.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Dominated by healthcare, retail, education, and professional services.
  • Community Activities:
    • Local events, cultural festivals, and sports leagues strengthen community engagement.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~14,500 (2021 Census).
Median House Price (2024)$860,000.
Median Rent (Houses)$620/week.
Rental Yield (Houses)3.7%.
Median Unit Price (2024)$525,000.
Median Rent (Units)$490/week.
Rental Yield (Units)4.8%.
Notable ParksCapestone Lake, Halpine Lake, Mango Hill Community Centre.
Transport AccessBruce Highway, Mango Hill Station, bus services.

Conclusion

Mango Hill combines modern living, excellent amenities, and consistent property growth. Its family-friendly environment, strategic location, and community-focused lifestyle make it an ideal suburb for residents and investors alike.

We hope that you have found Moreton Bay – Pine Rivers Urban – Suburb Report: Mango Hill, QLD helpful.

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