Suburb Profile Report for West Gladstone QLD (4680)

West Gladstone House: Median price $265,000, Annual capital growth -2.07%, Number of sales 88, Weekly median advertised rent $290

West Gladstone Unit: Median price $177,500, Annual capital growth 3.36%, Number of sales 24, Weekly median advertised rent $220

  • 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

West Gladstone, 4680 ranked 112th in QLD when comparing growth in median property values or capital gain over the last 12 months. West Gladstone is one of 2415 in our list for QLD

The five-year average increase in median property values for West Gladstone,4680 has given property investors a potential capital gain of 6.00% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that West Gladstone is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 164th in terms of most discounted suburbs in QLD

At number 3401 in a list of fastest selling suburbs, West Gladstone is in the bottom 20% of suburbs in Australia with an average of days on market 92.4262 for properties listed there.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in West Gladstone, 4680 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 11.64%.

Sellers are offering property buyers an average discount of -9.47% to buyers in West Gladstone at the moment, which is less than average for the rest of QLD.

Residents and property investors in West Gladstone have been waiting around 123.636 days to sell a property.

Renters in Suburb are facing rents around $11440 per annum or $220 every week.

Metrics i HOUSE UNIT
$265,000 $177,500
8.16% -1.39%
23.98% 11.64%
-2.07% 3.36%
$290 $220
88 24
5.69% 6.45%
92.4262295081967 123.636363636364

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 : Above average (U), Above average (H)
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Demographics
Total population 5200
Median household income ($/weekly) 1469
Median age of persons 35
Median housing loan repayment ($/monthly) 1850
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 666 12.8
    25-34 years 776 14.9
    35-44 years 711 13.7
    45-54 years 738 14.2
    55-64 years 556 10.7
    Others 1754 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 1601 44.2
    Not Married 1559 43.0
    Defacto Relationship 465 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4016 85.2
    Indonesia 57 1.2
    Papua New Guinea 141 3.0
    United Kingdom 137 2.9
    Other 117 2.5
    Others 243 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 68 1.5
    Christianity 3130 70.1
    Islam 42 0.9
    Other Religious Groups 39 0.9
    No Religion 1146 25.7
    Others 39 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 144 8.7
    $600-$799 145 8.8
    $1,500-$1,999 229 13.8
    $2,000-$2,499 148 8.9
    $2,500-$2,999 206 12.4
    Others 785 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1715 45.3
    Not in the labour force 1158 30.6
    Employed, worked part-time 584 15.4
    Employed, away from work 190 5.0
    Unemployed, looking for work 142 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 355 14.3
    Technicians & trades workers 541 21.8
    Clerical & administrative workers 258 10.4
    Machinery operators & drivers 288 11.6
    Labourers 356 14.3
    Others 686 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 39 4.2
    Infants/Primary 405 43.2
    Secondary 272 29.0
    Technical or Further Educational Institution 88 9.4
    University or other Tertiary Institutions 105 11.2
    Others 29 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4147 88.2
    Flat, unit or apartment 430 9.1
    Semi-detached, row or terrace house, townhouse 116 2.5
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 707 38.8
    Being purchased 580 31.8
    Fully owned 530 29.1
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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