Suburb Profile Report for Gympie QLD (4570)

Gympie House: Median price $337,000, Annual capital growth 3.35%, Number of sales 413, Weekly median advertised rent $345

Gympie Unit: Median price $282,000, Annual capital growth 5.52%, Number of sales 41, Weekly median advertised rent $250

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 22.55% for the last year, Gympie, 4570 is the 747th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Gympie has given property investors a paper return of 5.31%. This puts Suburb as 317 on a list of fastest fasting appreciating suburbs in QLD

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Gympie itself are offering an average vendor discount of -4.08% to real estate investors.

Property investors should expect to get $345 weekly from the median priced house in this suburb.

Property value increases in Gympie have tracked just higher than the QLD average of 8.71% over the last 12 months.

Over the longer term, Gympie has seen property prices show investors a 17.50% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Gympie is giving property investors an average Vendor Discount of around -5.27%. This puts suburb at number 72th in QLD when ranking the most discounted suburbs.

Residents and property investors in Gympie have been waiting around 61.7 days to sell a property.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 4.61%, without taking into account capital value appreciation, which has been averaging out at 5.52%.

Metrics i HOUSE UNIT
$337,000 $282,000
5.31% 0.00%
22.55% 11.46%
3.35% 5.52%
$345 $250
413 41
5.32% 4.61%
40.6298701298701 61.7

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 10156
Median household income ($/weekly) 744
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1368 13.5
    25-34 years 1161 11.4
    35-44 years 1150 11.3
    45-54 years 1162 11.4
    55-64 years 1155 11.4
    Others 4161 41.0
    Age Group
    Census Count Percent(%)
    Not Married 3359 47.3
    Registered Married 3002 42.3
    Defacto Relationship 736 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8459 90.4
    Papua New Guinea 168 1.8
    Philippines 61 0.7
    United Kingdom 312 3.3
    Other 110 1.2
    Others 243 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 1.2
    Christianity 6199 70.1
    Islam 31 0.4
    Other Religious Groups 60 0.7
    No Religion 2440 27.6
    Others 11 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 512 13.8
    $400-$599 680 18.4
    $600-$799 523 14.1
    $800-$999 404 10.9
    $1,000-$1,249 345 9.3
    Others 1236 33.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3354 45.6
    Employed, worked full-time 2035 27.7
    Employed, worked part-time 1342 18.2
    Unemployed, looking for work 381 5.2
    Employed, away from work 243 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 493 13.6
    Technicians & trades workers 551 15.2
    Community & personal service workers 449 12.4
    Clerical & administrative workers 413 11.4
    Labourers 613 16.9
    Others 1104 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 89 4.4
    Infants/Primary 916 45.4
    Secondary 570 28.3
    Technical or Further Educational Institution 252 12.5
    University or other Tertiary Institutions 127 6.3
    Others 62 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8463 90.7
    Flat, unit or apartment 568 6.1
    Semi-detached, row or terrace house, townhouse 231 2.5
    Caravan, cabin, houseboat 43 0.5
    House or flat attached to a shop, office 27 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1574 39.8
    Fully owned 1337 33.8
    Being purchased 1026 26.0
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
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