Suburb Profile Report for Gordon Park QLD (4031)

Gordon Park House: Median price $790,000, Annual capital growth 5.43%, Number of sales 65, Weekly median advertised rent $470

Gordon Park Unit: Median price $331,000, Annual capital growth 1.58%, Number of sales 34, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Gordon Park, 4031 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.72%.

Across a shorter period, Gordon Park, 4031 has seen a median price increase of 6.76% over the last quarter.

Gordon Park, 4031 is offering QLD ‘s 590th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.

Gordon Park is 716th on a list of best yielding suburbs for rents in QLD with a 3.09% return

Investment property in Gordon Park has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.73%

If we look at median property appreciation over just the last three months, Gordon Park has given property investors a paper return of -1.34%. This puts Suburb as 253 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Gordon Park is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 46th in terms of most discounted suburbs in QLD

With the median price for a house in Gordon Park being $331000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.50%

Information supplied by:




M
O

W
E
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
$790,000 $331,000
6.76% -1.34%
9.72% -11.73%
5.43% 1.58%
$470 $350
65 34
3.09% 5.50%
61.57 73.96

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Gordon Park QLD
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
Chart Table
Recent sales & rentals