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Suburb Insights · QLD 4550

Mount Mellum, QLD 4550 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Mount Mellum is a regional centre in Queensland, Australia, with a population of approximately 457, making it a boutique locality. Located approximately 73 km from the Brisbane CBD, Mount Mellum is a regional area in Queensland. The median household income is $101,244 per year.

Investment Score

49 / 100 Moderate

Mount Mellum benefits from a high-income resident base, supporting premium property pricing. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Brisbane
Mount Mellum
Queensland · 4550
73 km from Brisbane CBD
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Key Indicators

Postcode
4550

Official Australia Post postcode for Mount Mellum. A postcode may cover multiple suburbs.

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Population
457

Usual resident population at the most recent census.

Median weekly rent
$420/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$101,244/yr

Annual median household income (before tax) across all households.

Distance to CBD
73 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,668/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
84% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Mount Mellum is a smaller community of 457 — about 8% of the Queensland suburb median (5,474) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $101,244/year on average — 12% above the QLD suburb median of $90,298 — a modest premium that supports resilient owner-occupier demand. Median weekly rent of $420 equates to $1,820/month — about 109% of the median mortgage repayment of $1,668/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Mount Mellum is 73 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Mount Mellum vs Queensland Median

How Mount Mellum stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Mount Mellum sits above the state median; negative means below.

MetricMount MellumQLD medianΔ vs state
Population4575,474-92%
Median household income$101,244/yr$90,298/yr+12%
Median rent (weekly)$420$385+9%
Median mortgage (monthly)$1,668$1,733-4%
Distance to CBD73 km62 km+18%
Separate houses84%77%+7pp

Investor Checklist

Pre-inspection briefing for Mount Mellum — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 457 means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.

Rental Yield

Strong rental coverage: $420/week (~$1,820/month) covers 109% of the $1,668/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 84% houses in a 457-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Mount Mellum property

Full Property Analysis

30-year projections for Mount Mellum

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Mount Mellum are modest for 2026 — incomes 12% above the QLD median of $90,298 and a population of 457 suggest gains will lag headline metro markets. Rental coverage runs at ~109% of the typical mortgage ($1,820/month rent vs $1,668/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 49/100 places Mount Mellum in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Mount Mellum a good suburb for investment?

Mount Mellum scores 49/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 457, median household income of $101,244/year and median weekly rent of $420. 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.

What drives property demand in Mount Mellum?

The main demand drivers in Mount Mellum are an above-state-median household income of $101,244/year, a dwelling mix that is 84% 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.

What is the population of Mount Mellum?

Mount Mellum has a usual resident population of approximately 457, 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.

How far is Mount Mellum from the Brisbane CBD?

Mount Mellum sits 73 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.

What is the median rent in Mount Mellum?

The most recent census recorded a median weekly rent of $420 in Mount Mellum, equating to approximately $21,840/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.

What is the typical mortgage repayment in Mount Mellum?

The median monthly mortgage repayment in Mount Mellum is $1,668, or approximately $20,016/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.

Is Mount Mellum cash-flow positive for investors?

A median weekly rent of $420 works out to $1,820/month, covering 109% of the median mortgage repayment of $1,668/month. That means rent exceeds the median repayment by roughly $152/month, so on these numbers Mount Mellum 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.

What are the main risks of investing in Mount Mellum?

The main risks are a thin buyer pool (457 residents), interest-rate sensitivity on the $1,668 median mortgage, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Mount Mellum profile

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.

Nearby Suburbs

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