Date Prepared: 13th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Mount Cotton is a semi-rural suburb located 37 km southeast of Brisbane CBD within the Redland City region. Known for its spacious properties, family-friendly environment, and proximity to nature, Mount Cotton combines rural charm with modern conveniences.
Demographics
- Population: Approximately 6,800 (2021 Census, ABS).
- Median Age: 38 years, reflecting a community of families and professionals.
- Dwelling Type: Predominantly standalone houses on large lots.
- Ownership: High rates of owner-occupancy, indicative of long-term residents.
Property Market (2024)
Houses
- Median Sale Price: $949,000 (+15.8% annual growth).
- Median Weekly Rent: $690.
- Rental Yield: 3.9%.
- Sales Volume: 122 house sales in the past 12 months.
Long-Term Trends (2006–2024)
- Mount Cotton has experienced significant growth, with house prices increasing from $357,600 in 2006 to $949,000 in 2024.
Recent Notable Sales
- 17 Vineyard Drive: Sold for $1,335,000 (Nov 2024).
- 62 Drovers Place: Sold for $1,040,000 (Oct 2024).
- 78 Hibiscus Drive: Sold for $1,015,000 (Oct 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Mount Cotton offers access to a variety of educational facilities:
- Primary Schools:
- Mount Cotton State School.
- Bay View State School (nearby).
- Secondary Schools:
- Victoria Point State High School (nearby).
- Private Schools:
- Sheldon College, providing Prep to Year 12 education, is located nearby.
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Mount Cotton Shopping Village: Offers essential services, including groceries, cafes, and specialty shops.
- Nearby Options: Major shopping centres such as Capalaba Central and Victoria Point Shopping Centres are within a short drive.
Parks and Recreation
- Sirromet Winery: A renowned winery and events venue offering outdoor dining, live music, and wine tours.
- Mount Cotton Community Park: Features playgrounds, picnic areas, and open spaces for family activities.
- Venman Bushland National Park: Offers walking trails and wildlife observation opportunities.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Accessible via Mount Cotton Road and Cleveland-Redland Bay Road, connecting to Brisbane and the Bayside suburbs.
- Public Transport:
- Limited bus services; car dependency is high for most residents.
- Walkability:
- Low; local amenities require vehicle use due to the semi-rural nature of the suburb.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Expansion: Ongoing development of modern homes and acreage properties to cater to demand.
- Community Initiatives: Investments in local parks and infrastructure under the Redland City Council.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Key industries include construction, retail, education, and professional services.
- Community Activities:
- Local events, farmers’ markets, and recreational opportunities foster a vibrant community spirit.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~6,800 (2021 Census). |
| Median House Price (2024) | $949,000. |
| Median Rent (Houses) | $690/week. |
| Rental Yield (Houses) | 3.9%. |
| Notable Parks | Sirromet Winery, Mount Cotton Community Park, Venman Bushland National Park. |
| Transport Access | Mount Cotton Road, limited public transport. |
Conclusion
Mount Cotton offers a unique blend of rural charm and suburban convenience, making it an attractive option for families and professionals seeking spacious properties in a natural setting. With strong growth in property values, excellent amenities, and a welcoming community, Mount Cotton remains a prime location for long-term investment and lifestyle benefits.