Suburb Profile Report for Gailes QLD (4300)

Gailes House: Median price $260,000, Annual capital growth 3.76%, Number of sales 33, Weekly median advertised rent $300

Gailes Unit: Median price $330,000, Annual capital growth N/A, Number of sales 31, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Gailes is in the TOP 30% in QLD when comparing median price capital growth over the last year. Gailes gave property investors a good capital gain figure when compared to the rest of the state, with 6.12%.

While Gailes,4300 ranked number 591th in QLD for increase in median house value (annualised) increase, it is ranked 346th over the last 5 years.

Property investors looking for a bargain in Gailes should be aiming for at least -6.40% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 3.76%, investors should hope to achieve an overall return of 6.00%

HOUSE UNIT
$260,000 $330,000
-0.95% N/A
6.12% N/A
3.76% N/A
$300 N/A
33 31
6.00% N/A
71.93 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1646
Median household income ($/weekly) 831
Median age of persons 35
Median housing loan repayment ($/monthly) 1478
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 237 14.4
    25-34 years 207 12.6
    35-44 years 236 14.3
    45-54 years 200 12.2
    55-64 years 197 12.0
    Others 568 34.5
    Age Group
    Census Count Percent(%)
    Not Married 582 51.6
    Registered Married 423 37.5
    Defacto Relationship 122 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1068 71.3
    Papua New Guinea 78 5.2
    United Kingdom 83 5.5
    Viet Nam 46 3.1
    Other 113 7.5
    Others 110 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 78 5.5
    Christianity 1000 70.2
    Islam 12 0.8
    Other Religious Groups 8 0.6
    No Religion 321 22.5
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 63 12.6
    $400-$599 68 13.6
    $600-$799 64 12.8
    $1,000-$1,249 46 9.2
    $1,500-$1,999 63 12.6
    Others 196 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 546 46.3
    Employed, worked full-time 353 29.9
    Employed, worked part-time 170 14.4
    Unemployed, looking for work 70 5.9
    Employed, away from work 40 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 88 15.7
    Community & personal service workers 75 13.3
    Clerical & administrative workers 75 13.3
    Machinery operators & drivers 65 11.6
    Labourers 115 20.5
    Others 144 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 13 4.2
    Infants/Primary 142 46.4
    Secondary 80 26.1
    Technical or Further Educational Institution 33 10.8
    University or other Tertiary Institutions 33 10.8
    Others 5 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1490 99.1
    Flat, unit or apartment 7 0.5
    Semi-detached, row or terrace house, townhouse 6 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 271 49.0
    Being purchased 156 28.2
    Fully owned 122 22.1
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals