Suburb Profile Report for Gympie QLD (4570)

Gympie House: Median price $249,500, Annual capital growth 0.75%, Number of sales 258, Weekly median advertised rent $283

Gympie Unit: Median price $232,000, Annual capital growth 0.35%, Number of sales 19, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

Gympie, 4570 ranked 285th in QLD when comparing growth in median property values or capital gain over the last 12 months. Gympie is one of 2415 in our list for QLD

Across a shorter period, Gympie, 4570 has seen a median price increase of 0.20% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Gympie is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 295th in terms of most discounted suburbs in QLD

At number 2478 in a list of fastest selling suburbs, Gympie is in the bottom 40% of suburbs in Australia with an average of days on market 93.65 for properties listed there.

Using the current median advertised rental of $282.5 and the average annual increase in value of a median property of 0.75%, investors should hope to achieve an overall return of 5.89%

Over the last year, property investments in Gympie, 4570 have given investors a capital gain of 0.00%. This compares averagely with the 0.66% for QLD as a whole.

Gympie,4570 was ranked 912 in Australia by increase in median property value over the quarter.

At number 237th of QLD’s most discounted properties, Gympie is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $255 and the average annual increase in value of a median property of 0.35%, investors should hope to achieve an overall return of 5.72%

Metrics i HOUSE UNIT
$249,500 $232,000
0.20% 0.65%
6.17% 0.00%
0.75% 0.35%
$283 $255
258 19
5.89% 5.72%
93.65 77.81

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Gympie QLD
Demographics
Total population 10156
Median household income ($/weekly) 744
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1368 13.5
    25-34 years 1161 11.4
    35-44 years 1150 11.3
    45-54 years 1162 11.4
    55-64 years 1155 11.4
    Others 4161 41.0
    Age Group
    Census Count Percent(%)
    Not Married 3359 47.3
    Registered Married 3002 42.3
    Defacto Relationship 736 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8459 90.4
    Papua New Guinea 168 1.8
    Philippines 61 0.7
    United Kingdom 312 3.3
    Other 110 1.2
    Others 243 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 1.2
    Christianity 6199 70.1
    Islam 31 0.4
    Other Religious Groups 60 0.7
    No Religion 2440 27.6
    Others 11 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 512 13.8
    $400-$599 680 18.4
    $600-$799 523 14.1
    $800-$999 404 10.9
    $1,000-$1,249 345 9.3
    Others 1236 33.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3354 45.6
    Employed, worked full-time 2035 27.7
    Employed, worked part-time 1342 18.2
    Unemployed, looking for work 381 5.2
    Employed, away from work 243 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 493 13.6
    Technicians & trades workers 551 15.2
    Community & personal service workers 449 12.4
    Clerical & administrative workers 413 11.4
    Labourers 613 16.9
    Others 1104 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 89 4.4
    Infants/Primary 916 45.4
    Secondary 570 28.3
    Technical or Further Educational Institution 252 12.5
    University or other Tertiary Institutions 127 6.3
    Others 62 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8463 90.7
    Flat, unit or apartment 568 6.1
    Semi-detached, row or terrace house, townhouse 231 2.5
    Caravan, cabin, houseboat 43 0.5
    House or flat attached to a shop, office 27 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1574 39.8
    Fully owned 1337 33.8
    Being purchased 1026 26.0
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals