South Gladstone is in the bottom 10% in QLD when comparing median price capital growth over the last year. South Gladstone gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.27%.
Over the longer term, South Gladstone has seen property prices show investors a 21.74% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for South Gladstone is $280000, with sellers offering an average of -6.25% off the asking price.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
South Gladstone, 4680’s gross rental yield is 5.94%
Investment property in South Gladstone has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 28.94%
Taking the average capital gain, or increase in median house value, South Gladstone,4680 has racked up an average of 28.94% over the period. This ranks it number 1506th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in South Gladstone is giving property investors an average Vendor Discount of around -7.24%. This puts suburb at number 16th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in South Gladstone the average time real estate has been on the market is 67.125 days.
Situated 437.99km from the CBD, South Gladstone is one of Gladstone (R) localities in the postcode 4680.