Suburb Profile Report for The Gap QLD (4061)

The Gap House: Median price $650,000, Annual capital growth 4.76%, Number of sales 245, Weekly median advertised rent $520

The Gap Unit: Median price $457,500, Annual capital growth 5.21%, Number of sales 18, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.38% which means that The Gap, 4061 has done well for property investors by showing a capital gain of 4.50% over the last year

If we look at median property appreciation over just the last three months, The Gap has given property investors a paper return of 2.36%. This puts Suburb as 209 on a list of fastest fasting appreciating suburbs in QLD

Our latest figures would indicate that property sellers in The Gap are currently offering property investors an average price cut of -5.43% below the asking price at the moment.

Renters in Suburb are facing rents around $6240 per annum or $520 every week.

Giving property investors a an unimpressive capital gain of -3.97% for the last year, The Gap, 4061 is the 1377th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, The Gap comes in at number 229th in QLD.

The Gap, 4061 is offering QLD ‘s 250th 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.

The QLD suburb of The Gap, 4061 is in the Brisbane local government area.

Metrics i HOUSE UNIT
$650,000 $457,500
2.36% -2.95%
4.50% -3.97%
4.76% 5.21%
$520 $500
245 18
4.16% 5.68%
60.79 66.33

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in The Gap QLD
Demographics
Total population 15949
Median household income ($/weekly) 1937
Median age of persons 40
Median housing loan repayment ($/monthly) 2100
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2331 14.6
    25-34 years 1382 8.7
    35-44 years 2411 15.1
    45-54 years 2410 15.1
    55-64 years 2032 12.7
    Others 5384 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 6695 56.5
    Not Married 4243 35.8
    Defacto Relationship 920 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 11939 77.0
    Papua New Guinea 496 3.2
    South Africa 334 2.2
    United Kingdom 1203 7.8
    Other 526 3.4
    Others 1004 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 180 1.2
    Christianity 10334 69.6
    Hinduism 84 0.6
    Other Religious Groups 65 0.4
    No Religion 4094 27.6
    Others 98 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 589 12.0
    $2,000-$2,499 516 10.6
    $2,500-$2,999 701 14.3
    $3,000-$3,499 509 10.4
    $4,000 or more 379 7.8
    Others 2196 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5036 41.2
    Not in the labour force 3553 29.0
    Employed, worked part-time 2823 23.1
    Employed, away from work 453 3.7
    Unemployed, looking for work 373 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 1220 14.7
    Professionals 2915 35.1
    Technicians & trades workers 813 9.8
    Clerical & administrative workers 1309 15.7
    Sales 741 8.9
    Others 1316 15.8
    Occupation
    Census Count Percent(%)
    Pre-school 225 5.0
    Infants/Primary 1616 36.0
    Secondary 1215 27.1
    Technical or Further Educational Institution 270 6.0
    University or other Tertiary Institutions 1071 23.9
    Others 89 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14798 96.9
    Semi-detached, row or terrace house, townhouse 419 2.7
    Flat, unit or apartment 55 0.4
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2357 44.0
    Fully owned 2173 40.6
    Rented 812 15.2
    Other tenure type 13 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals