Suburb Profile Report for South Gladstone QLD (4680)

South Gladstone House: Median price $275,000, Annual capital growth 3.54%, Number of sales 24, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Investment property in South Gladstone has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -20.29%

A -29.49% growth in median value for property investors in South Gladstone,4680 puts this suburb at number 847th in terms of best performing suburbs in QLD

Property investors looking for a bargain in South Gladstone should be aiming for at least -14.38% off the asking price, which is the average vendor discount being achieved at the moment.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 4.92%, without taking into account capital value appreciation, which has been averaging out at 3.54%.

HOUSE UNIT
$275,000 N/A
-18.52% N/A
-20.29% N/A
3.54% N/A
$260 N/A
24 N/A
4.92% N/A
105.72 N/A

Source: CoreLogic

DSR Score for property investment : Poor (H), Very poor (U)
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Demographics
Total population 3626
Median household income ($/weekly) 1516
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 403 11.1
    25-34 years 588 16.2
    35-44 years 523 14.4
    45-54 years 541 14.9
    55-64 years 399 11.0
    Others 1172 32.3
    Age Group
    Census Count Percent(%)
    Not Married 1106 43.4
    Registered Married 1093 42.8
    Defacto Relationship 352 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2725 82.8
    Papua New Guinea 122 3.7
    Philippines 90 2.7
    United Kingdom 121 3.7
    Other 58 1.8
    Others 177 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.7
    Christianity 2212 71.0
    Hinduism 36 1.2
    Islam 19 0.6
    No Religion 817 26.2
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 108 9.0
    $1,250-$1,499 109 9.1
    $1,500-$1,999 158 13.2
    $2,000-$2,499 103 8.6
    $2,500-$2,999 173 14.5
    Others 545 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1326 49.3
    Not in the labour force 764 28.4
    Employed, worked part-time 358 13.3
    Employed, away from work 144 5.4
    Unemployed, looking for work 99 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 259 14.2
    Technicians & trades workers 420 23.0
    Clerical & administrative workers 192 10.5
    Machinery operators & drivers 221 12.1
    Labourers 251 13.8
    Others 481 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 33 5.3
    Infants/Primary 260 42.0
    Secondary 153 24.7
    Technical or Further Educational Institution 94 15.2
    University or other Tertiary Institutions 62 10.0
    Others 17 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2464 76.3
    Flat, unit or apartment 540 16.7
    Semi-detached, row or terrace house, townhouse 145 4.5
    Caravan, cabin, houseboat 61 1.9
    House or flat attached to a shop, office 18 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 634 48.0
    Being purchased 395 29.9
    Fully owned 289 21.9
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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