Suburb Profile Report for Gympie QLD (4570)

Gympie House: Median price $240,000, Annual capital growth 0.97%, Number of sales 253, Weekly median advertised rent $275

Gympie Unit: Median price $215,000, Annual capital growth 1.79%, Number of sales 20, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 2.13% for the last 12 months, Gympie, 4570 has performed for property investments than its average annual 0.97% property growth over the last 5 years.

While Gympie,4570 ranked number 609th in QLD for increase in median house value (annualised) increase, it is ranked 568th over the last 5 years.

Property investors looking for a bargain in Gympie should be aiming for at least -7.75% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2592 in a list of fastest selling suburbs, Gympie is in the bottom 40% of suburbs in Australia with an average of days on market 99.81 for properties listed there.

Renters in Suburb are facing rents around $3300 per annum or $275 every week.

Gympie is in the bottom 10% in QLD when comparing median price capital growth over the last year. Gympie gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.16%.

Comparing Gympie,4570 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Gympie4570 is located in QLD which offers an average discount of -5.97% to property investors. Gympie itself is showing figures that indicate -3.85% is the average achievable by property buyers investing in the suburb.

In the last year 20 properties changed hands in Gympie, which puts it as the 297th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Gympie being $215000 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 6.41%

HOUSE UNIT
$240,000 $215,000
-1.54% -7.33%
2.13% -11.16%
0.97% 1.79%
$275 $265
253 20
5.96% 6.41%
99.81 117.63

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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
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