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ABS 2021 Census · Updated 21 May 2026
Mount Garnet is a coastal suburb in Queensland, Australia, with a population of approximately 532, making it a boutique locality. Located approximately 1362 km from the Brisbane CBD, Mount Garnet is a coastal area in Queensland. The median household income is $47,892 per year.
Household earnings in Mount Garnet are below the state average, which may affect long-term capital growth. The coastal setting provides a lifestyle factor that underpins property values.
Official Australia Post postcode for Mount Garnet. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Mount Garnet on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Mount Garnet is a smaller community of 532 — about 10% of the Queensland suburb median (5,474) — so investors should factor in the narrower buyer pool and longer average time-on-market. Mount Garnet's median household income of $47,892/year is 47% below the Queensland suburb median ($90,298) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $185 equates to $802/month — about 101% of the median mortgage repayment of $797/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Mount Garnet is 1362 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
How Mount Garnet stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Mount Garnet sits above the state median; negative means below.
| Metric | Mount Garnet | QLD median | Δ vs state |
|---|---|---|---|
| Population | 532 | 5,474 | -90% |
| Median household income | $47,892/yr | $90,298/yr | -47% |
| Median rent (weekly) | $185 | $385 | -52% |
| Median mortgage (monthly) | $797 | $1,733 | -54% |
| Distance to CBD | 1362 km | 62 km | +2097% |
| Separate houses | 66% | 77% | -11pp |
Pre-inspection briefing for Mount Garnet — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 532 means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.
Strong rental coverage: $185/week (~$802/month) covers 101% of the $797/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
Only 66% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a Mount Garnet property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Mount Garnet are modest for 2026 — incomes 47% below the QLD median of $90,298 and a population of 532 suggest gains will lag headline metro markets. Rental coverage runs at ~101% of the typical mortgage ($802/month rent vs $797/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 32/100 places Mount Garnet in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Mount Garnet scores 32/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 532, median household income of $47,892/year and median weekly rent of $185. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Mount Garnet are a median household income of $47,892/year, a dwelling mix that is 66% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Mount Garnet has a usual resident population of approximately 532, compared with a Queensland suburb median of 5,474 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Mount Garnet sits 1362 km straight-line from the Brisbane CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
The most recent census recorded a median weekly rent of $185 in Mount Garnet, equating to approximately $9,620/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Mount Garnet is $797, or approximately $9,564/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $185 works out to $802/month, covering 101% of the median mortgage repayment of $797/month. That means rent exceeds the median repayment by roughly $5/month, so on these numbers Mount Garnet leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (532 residents), interest-rate sensitivity on the $797 median mortgage, below-median household incomes ($47,892 vs $90,298 state median), the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.