Suburb Profile Report for Gayndah QLD (4625)

Gayndah House: Median price $187,000, Annual capital growth 1.81%, Number of sales 21, Weekly median advertised rent $250

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Investment property in Gayndah has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.22%

A -12.41% growth in median value for property investors in Gayndah,4625 puts this suburb at number 741th in terms of best performing suburbs in QLD

Property investors looking for a bargain in Gayndah should be aiming for at least -8.60% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $250 mark per week – giving a return of 6.95% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$187,000	N/A
Quarterly growth	-3.36%	N/A
12-month growth	-2.22%	N/A
Average Annual Growth	1.81%	N/A
Weekly median advertised rent	$250	N/A
Number of sales	21	N/A
Gross rental yield	6.95%	N/A
Days on market	168.545454545455	N/A

Your estimated repayment
$723.51/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Below average (H), Poor (U)

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Demographics

Total population	1788
Median household income ($/weekly)	806
Median age of persons	42
Median housing loan repayment ($/monthly)	1083
Average household size	2.3

Census	Count	Percent(%)
5-14 years	267	14.9
35-44 years	213	11.9
45-54 years	220	12.3
55-64 years	256	14.3
65-74 years	213	11.9
Others	620	34.7

Age Group

Census	Count	Percent(%)
Registered Married	570	47.1
Not Married	500	41.4
Defacto Relationship	139	11.5

Social Marital Status

Census	Count	Percent(%)
Australia	1473	91.9
Lebanon	23	1.4
Papua New Guinea	26	1.6
United Kingdom	33	2.1
Other	20	1.2
Others	28	1.7

Country of Birth

Census	Count	Percent(%)
Christianity	1238	80.5
No Religion	281	18.3
Buddhism	8	0.5
Islam	7	0.5
Other Religious Groups	3	0.2
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	58	9.7
$400-$599	110	18.4
$600-$799	78	13.0
$800-$999	82	13.7
$1,000-$1,249	52	8.7
Others	219	36.6

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	457	36.5
Employed, worked full-time	431	34.4
Employed, worked part-time	267	21.3
Employed, away from work	57	4.5
Unemployed, looking for work	41	3.3

Person Characteristics

Census	Count	Percent(%)
Managers	102	13.4
Professionals	85	11.2
Community & personal service workers	88	11.6
Clerical & administrative workers	89	11.7
Labourers	204	26.8
Others	192	25.3

Occupation

Census	Count	Percent(%)
Pre-school	14	4.2
Infants/Primary	174	51.8
Secondary	101	30.1
Technical or Further Educational Institution	20	6.0
University or other Tertiary Institutions	15	4.5
Others	12	3.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1503	95.6
Caravan, cabin, houseboat	26	1.7
Flat, unit or apartment	25	1.6
Semi-detached, row or terrace house, townhouse	15	1.0
House or flat attached to a shop, office	3	0.2
Others	0	0.0