Suburb Profile Report for Gordon Park QLD (4031)

Gordon Park House: Median price $768,000, Annual capital growth 4.87%, Number of sales 69, Weekly median advertised rent $470

Gordon Park Unit: Median price $325,500, Annual capital growth 0.71%, Number of sales 32, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Gordon Park, 4031 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.49%

Gordon Park,4031 has offered an average of 4.49% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Gordon Park should be aiming for at least -4.76% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 5.79km from the CBD, Gordon Park is one of Brisbane localities in the postcode 4031.

At number 1555th in the list of Australian suburbs ordered by increase in median house value over the last year, Gordon Park, 4031 is in the BOTTOM 20% with a property value increase of -10.82% recorded in median house prices.

If we look at median property appreciation over just the last three months, Gordon Park has given property investors a paper return of -2.98%. This puts Suburb as 289 on a list of fastest fasting appreciating suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Gordon Park itself are offering an average vendor discount of -8.02% to real estate investors.

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Gordon Park’s growth figures have been solid in recent years. Its median house price of will be at the upper end of most investors’ budgets, but this figure is in keeping with neighbouring suburbs and you tend to get a good slice of land for your money.

Full summary

Gordon Park’s growth figures have been solid in recent years. Its median house price of will be at the upper end of most investors’ budgets, but this figure is in keeping with neighbouring suburbs and you tend to get a good slice of land for your money.

“Situated approximately six radial kilometres north of the Brisbane CBD, Gordon Park comprises a mixture of pre-war and post-war housing – some of which is on generous size parcels of land,” explains Herron Todd White Brisbane residential director David Hyne. “There’s parkland nearby, and the express busway link to the CBD is under construction.”

Amenities are a bit on the sparse side, and Hyne admits that Gordon Park lacks its own hub of restaurants and retail outlets, but adds that it feeds off the nearby Wilston village.

Close
Metrics i HOUSE UNIT
$768,000 $325,500
-2.17% -2.98%
4.49% -10.82%
4.87% 0.71%
$470 $350
69 32
3.18% 5.59%
53.22 69.38

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4015
Median household income ($/weekly) 1674
Median age of persons 33
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 424 10.6
    25-34 years 833 20.7
    35-44 years 699 17.4
    45-54 years 521 13.0
    55-64 years 356 8.9
    Others 1182 29.4
    Age Group
    Census Count Percent(%)
    Not Married 1426 46.7
    Registered Married 1264 41.4
    Defacto Relationship 362 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3038 79.4
    Indonesia 88 2.3
    Papua New Guinea 129 3.4
    United Kingdom 123 3.2
    Other 135 3.5
    Others 312 8.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 49 1.3
    Christianity 2606 70.2
    Islam 32 0.9
    Other Religious Groups 56 1.5
    No Religion 935 25.2
    Others 33 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 138 9.1
    $1,250-$1,499 136 9.0
    $1,500-$1,999 203 13.4
    $2,000-$2,499 151 10.0
    $2,500-$2,999 190 12.6
    Others 695 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1651 52.8
    Employed, worked part-time 648 20.7
    Not in the labour force 624 19.9
    Employed, away from work 137 4.4
    Unemployed, looking for work 69 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 343 14.1
    Professionals 800 32.8
    Technicians & trades workers 248 10.2
    Community & personal service workers 214 8.8
    Clerical & administrative workers 408 16.7
    Others 424 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 58 6.5
    Infants/Primary 299 33.5
    Secondary 168 18.8
    Technical or Further Educational Institution 78 8.7
    University or other Tertiary Institutions 263 29.5
    Others 27 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2622 68.5
    Flat, unit or apartment 820 21.4
    Semi-detached, row or terrace house, townhouse 368 9.6
    House or flat attached to a shop, office 17 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 680 42.1
    Being purchased 565 34.9
    Fully owned 364 22.5
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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