Suburb Profile Report for Gailes QLD (4300)

Gailes House: Median price $260,000, Annual capital growth 3.62%, Number of sales 25, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Gailes has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 10.05% to date .

Gailes,4300 has offered an average of 10.05% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Gailes should be aiming for at least -7.92% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 3.62%, investors should hope to achieve an overall return of 6.00%

HOUSE UNIT
$260,000 N/A
1.96% N/A
10.05% N/A
3.62% N/A
$300 N/A
25 N/A
6.00% N/A
72.31 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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
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Recent sales & rentals