Suburb Profile Report for Gladstone Park VIC (3043)

Gladstone Park House: Median price $576,250, Annual capital growth 8.20%, Number of sales 105, Weekly median advertised rent $373

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

Source: CoreLogic

  • House Report

With a capital gain of 19.99% for the last 12 months, Gladstone Park, 3043 has performed for property investments than its average annual 8.20% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Gladstone Park has given property investors a paper return of 4.77%. This puts Suburb as 175 on a list of fastest fasting appreciating suburbs in VIC

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gladstone Park, 3043. Typically our figures indicate that -1.97% is being offered, which puts this VIC suburb at 3679th most discounted overall in Australia.

At number 16 in a list of fastest selling suburbs, Gladstone Park is in the TOP 10% of suburbs in Australia with an average of days on market 20.19 for properties listed there.

Metrics i HOUSE UNIT
$576,250 N/A
4.77% N/A
19.99% N/A
8.20% N/A
$373 N/A
105 N/A
3.36% N/A
20.19 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 8329
Median household income ($/weekly) 1122
Median age of persons 42
Median housing loan repayment ($/monthly) 1571
Average household size 2.7
  • Census Count Percent(%)
    25-34 years 1061 12.7
    35-44 years 1027 12.3
    45-54 years 1075 12.9
    55-64 years 1341 16.1
    65-74 years 907 10.9
    Others 2918 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 3437 52.3
    Not Married 2818 42.9
    Defacto Relationship 315 4.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5061 64.3
    Indonesia 208 2.6
    Japan 341 4.3
    United Kingdom 224 2.8
    Other 366 4.6
    Others 1674 21.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 203 2.6
    Christianity 6016 77.7
    Hinduism 64 0.8
    Islam 398 5.1
    No Religion 1047 13.5
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 286 10.7
    $600-$799 295 11.1
    $800-$999 277 10.4
    $1,000-$1,249 270 10.1
    $1,500-$1,999 347 13.0
    Others 1190 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2690 40.2
    Employed, worked full-time 2454 36.7
    Employed, worked part-time 1063 15.9
    Employed, away from work 249 3.7
    Unemployed, looking for work 232 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 479 12.7
    Technicians & trades workers 622 16.5
    Community & personal service workers 396 10.5
    Clerical & administrative workers 733 19.5
    Labourers 368 9.8
    Others 1164 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 83 5.1
    Infants/Primary 522 32.3
    Secondary 530 32.8
    Technical or Further Educational Institution 188 11.6
    University or other Tertiary Institutions 245 15.2
    Others 49 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7831 99.1
    Flat, unit or apartment 45 0.6
    Semi-detached, row or terrace house, townhouse 27 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1413 48.9
    Being purchased 946 32.8
    Rented 523 18.1
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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