At number 4115th in the list of Australian suburbs ordered by increase in median house value over the last year, South Gladstone, 4680 is in the BOTTOM 10% with a property value increase of -22.94% recorded in median house prices.
Taking the average capital gain, or increase in median house value, South Gladstone,4680 has racked up an average of -22.94% over the period. This ranks it number 4100th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in South Gladstone should be aiming for at least -17.52% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in South Gladstone being $262000 and the advertised rent reaching $200 the gross rental yield for property investors calculates out to be 3.97%
The most recent median price for South Gladstone is $90750, with sellers offering an average of -19.57% off the asking price.
In the last year 12 properties changed hands in South Gladstone, which puts it as the 367th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $1440 per annum or $120 every week.