Suburb Profile Report for The Gap QLD (4825)

The Gap House: Median price $215,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $280

Source: CoreLogic

  • House Report

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in The Gap has fallen somewhat when compared to the 5 year average annual rate.

Advertised rents are around the $280 mark per week – giving a return of 6.77% based on the median price in Suburb

Metrics i HOUSE UNIT
$215,000 N/A
N/A N/A
N/A N/A
N/A N/A
$280 N/A
10 N/A
6.77% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 801
Median household income ($/weekly) 1562
Median age of persons 34
Median housing loan repayment ($/monthly) 1842
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 100 12.5
    25-34 years 157 19.6
    35-44 years 114 14.2
    45-54 years 121 15.1
    55-64 years 76 9.5
    Others 233 29.1
    Age Group
    Census Count Percent(%)
    Not Married 234 48.0
    Registered Married 169 34.6
    Defacto Relationship 85 17.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 488 72.7
    Former Yugoslav Republic of Macedonia 11 1.6
    Papua New Guinea 65 9.7
    Philippines 25 3.7
    Other 34 5.1
    Others 48 7.2
    Country of Birth
    Census Count Percent(%)
    Christianity 451 73.9
    No Religion 152 24.9
    Buddhism 7 1.1
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 17 7.1
    $1,250-$1,499 21 8.8
    $1,500-$1,999 39 16.3
    $2,000-$2,499 24 10.0
    $2,500-$2,999 31 12.9
    Others 108 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 329 59.8
    Not in the labour force 119 21.6
    Employed, worked part-time 68 12.4
    Unemployed, looking for work 18 3.3
    Employed, away from work 16 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 61 14.7
    Technicians & trades workers 80 19.3
    Community & personal service workers 41 9.9
    Machinery operators & drivers 82 19.8
    Labourers 49 11.8
    Others 101 24.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 51 40.8
    Secondary 38 30.4
    Technical or Further Educational Institution 15 12.0
    University or other Tertiary Institutions 12 9.6
    Other type of educational institution 6 4.8
    Others 3 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 402 63.3
    Flat, unit or apartment 227 35.7
    Improvised home, tent, sleepers out 3 0.5
    House or flat attached to a shop, office 3 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 151 57.9
    Being purchased 61 23.4
    Fully owned 43 16.5
    Other tenure type 6 2.3
    Tenure Type
Census 2011, ABS
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