Suburb Profile Report for West Gladstone QLD (4680)

West Gladstone House: Median price $200,000, Annual capital growth -3.62%, Number of sales 43, Weekly median advertised rent $220

West Gladstone Unit: Median price $147,500, Annual capital growth 10.96%, Number of sales 26, Weekly median advertised rent $165

  • 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.

  • House Report
  • Unit Report

QLD has seen average median house prices change by 0.78% which means that West Gladstone, 4680 has done well for property investors by showing a capital gain of 14.29% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, West Gladstone comes in at number 822th in QLD.

The most recent median price for West Gladstone is $200000, with sellers offering an average of -10.37% off the asking price.

Often selling an investment property can take time, and in West Gladstone the average time real estate has been on the market is 85.9 days.

With the median price for a house in West Gladstone being $200000 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 5.72%

West Gladstone has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 44.25% to date .

West Gladstone4680 is located in QLD which offers an average discount of -6.43% to property investors. West Gladstone itself is showing figures that indicate -9.70% is the average achievable by property buyers investing in the suburb.

Residents and property investors in West Gladstone have been waiting around 88.9524 days to sell a property.

With the median price for a house in West Gladstone being $147500 and the advertised rent reaching $165 the gross rental yield for property investors calculates out to be 5.82%

Metrics i HOUSE UNIT
$200,000 $147,500
8.11% 5.36%
14.29% 44.25%
-3.62% 10.96%
$220 $165
43 26
5.72% 5.82%
85.9 88.952380952381

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.

DSR Score for property investment : Balanced (H), Balanced (U)
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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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