Suburb Profile Report for Gaythorne QLD (4051)

Gaythorne House: Median price $730,000, Annual capital growth 6.69%, Number of sales 33, Weekly median advertised rent $440

Gaythorne Unit: Median price $450,000, Annual capital growth 6.36%, Number of sales 63, Weekly median advertised rent $373

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Gaythorne have tracked higher than the QLD average of 2.11% over the last 12 months.

While Gaythorne,4051 ranked number 25th in QLD for increase in median house value (annualised) increase, it is ranked 22th over the last 5 years.

The most recent median price for Gaythorne is $730000, with sellers offering an average of -3.43% off the asking price.

Using the current median advertised rental of $440 and the average annual increase in value of a median property of 6.69%, investors should hope to achieve an overall return of 3.13%

QLD has seen average median house prices change by 1.12% which means that Gaythorne, 4051 has done well for property investors by showing a capital gain of 2.27% over the last year

Over the longer term, Gaythorne has seen property prices show investors a 9.76% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Gaythorne is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 260th in terms of most discounted suburbs in QLD

At number 552 in a list of fastest selling suburbs, Gaythorne is in the TOP 40% of suburbs in Australia with an average of days on market 68.57 for properties listed there.

Advertised rents are around the $372.5 mark per week – giving a return of 4.30% based on the median price in Suburb

HOUSE UNIT
$730,000 $450,000
10.44% 0.00%
12.31% 2.27%
6.69% 6.36%
$440 $373
33 63
3.13% 4.30%
41 68.57

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2654
Median household income ($/weekly) 1386
Median age of persons 31
Median housing loan repayment ($/monthly) 1882
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 244 9.2
    20-24 years 285 10.7
    25-34 years 659 24.8
    35-44 years 454 17.1
    45-54 years 245 9.2
    Others 768 28.9
    Age Group
    Census Count Percent(%)
    Not Married 962 47.3
    Registered Married 718 35.3
    Defacto Relationship 354 17.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2131 83.3
    Indonesia 43 1.7
    Papua New Guinea 57 2.2
    United Kingdom 83 3.2
    Other 88 3.4
    Others 156 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 1.4
    Christianity 1651 67.5
    Hinduism 33 1.3
    Other Religious Groups 31 1.3
    No Religion 691 28.2
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 105 9.8
    $1,250-$1,499 98 9.2
    $1,500-$1,999 138 12.9
    $2,000-$2,499 121 11.3
    $2,500-$2,999 102 9.6
    Others 503 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1062 50.3
    Not in the labour force 512 24.2
    Employed, worked part-time 382 18.1
    Employed, away from work 89 4.2
    Unemployed, looking for work 67 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 184 12.0
    Professionals 442 28.8
    Technicians & trades workers 177 11.5
    Community & personal service workers 229 14.9
    Clerical & administrative workers 232 15.1
    Others 269 17.5
    Occupation
    Census Count Percent(%)
    Pre-school 43 7.6
    Infants/Primary 189 33.3
    Secondary 75 13.2
    Technical or Further Educational Institution 54 9.5
    University or other Tertiary Institutions 176 31.0
    Others 31 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1452 57.4
    Flat, unit or apartment 980 38.8
    Semi-detached, row or terrace house, townhouse 94 3.7
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 664 57.5
    Being purchased 306 26.5
    Fully owned 185 16.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals