Suburb Profile Report for Gordon Park QLD (4031)

Gordon Park House: Median price $846,000, Annual capital growth 4.26%, Number of sales 47, Weekly median advertised rent $525

Gordon Park Unit: Median price $336,000, Annual capital growth -0.24%, Number of sales 40, Weekly median advertised rent $360

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -3.59% for the last year, Gordon Park, 4031 is the 2907th highest performer in Australia in this respect.

Gordon Park,4031 has offered an average of -3.59% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Gordon Park is giving property investors an average Vendor Discount of around -3.00%. This puts suburb at number 713th in QLD when ranking the most discounted suburbs.

A $525 per week rent on the median house gives suburb investors a gross yield of circa 3.23%, without taking into account capital value appreciation, which has been averaging out at 4.26%.

Gordon Park has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.15% to date .

A -15.04% growth in median value for property investors in Gordon Park,4031 puts this suburb at number 43th in terms of best performing suburbs in QLD

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 Gordon Park, 4031. Typically our figures indicate that -4.84% is being offered, which puts this QLD suburb at 784th most discounted overall in Australia.

Residents and property investors in Gordon Park have been waiting around 82.4667 days to sell a property.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.57%, without taking into account capital value appreciation, which has been averaging out at -0.24%.

Information supplied by:


September 2018

M
O

W
E

Tiny suburb has a big heart

Postcode: 4031

Median house price: $800,000

Three-year growth: 7.4%

Rental yield: 3.3%

It might be the smallest suburb in Brisbane, but Gordon Park is big in other respects. Its house market is enjoying an extended of steady growth.

While this growth has slowed in the three months to June 2018, Gordon Park holds on to the positive streak observed since 2013. The median house value comes in at $800,000, but even with the price tag, such properties spend less than two months on the market.

Gordon Park is bordered by Kedron Brook and park lands accessible via a cycling trail. It provides easy access to major roads like the Airport Link M7 and the Northern Busway – thus, the airport is only a 10-minute drive away. Buses bring commuters to the Brisbane CBD in less than half an hour, offering convenient travel to work and school for families.

Metrics i HOUSE UNIT
$846,000 $336,000
-0.59% 5.14%
-3.59% -0.15%
4.26% -0.24%
$525 $360
47 40
3.23% 5.57%
24.3870967741936 82.4666666666667

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4015
Median household income ($/weekly) 1674
Median age of persons 33
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 424 10.6
    25-34 years 833 20.7
    35-44 years 699 17.4
    45-54 years 521 13.0
    55-64 years 356 8.9
    Others 1182 29.4
    Age Group
    Census Count Percent(%)
    Not Married 1426 46.7
    Registered Married 1264 41.4
    Defacto Relationship 362 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3038 79.4
    Indonesia 88 2.3
    Papua New Guinea 129 3.4
    United Kingdom 123 3.2
    Other 135 3.5
    Others 312 8.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 49 1.3
    Christianity 2606 70.2
    Islam 32 0.9
    Other Religious Groups 56 1.5
    No Religion 935 25.2
    Others 33 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 138 9.1
    $1,250-$1,499 136 9.0
    $1,500-$1,999 203 13.4
    $2,000-$2,499 151 10.0
    $2,500-$2,999 190 12.6
    Others 695 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1651 52.8
    Employed, worked part-time 648 20.7
    Not in the labour force 624 19.9
    Employed, away from work 137 4.4
    Unemployed, looking for work 69 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 343 14.1
    Professionals 800 32.8
    Technicians & trades workers 248 10.2
    Community & personal service workers 214 8.8
    Clerical & administrative workers 408 16.7
    Others 424 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 58 6.5
    Infants/Primary 299 33.5
    Secondary 168 18.8
    Technical or Further Educational Institution 78 8.7
    University or other Tertiary Institutions 263 29.5
    Others 27 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2622 68.5
    Flat, unit or apartment 820 21.4
    Semi-detached, row or terrace house, townhouse 368 9.6
    House or flat attached to a shop, office 17 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 680 42.1
    Being purchased 565 34.9
    Fully owned 364 22.5
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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