Suburb Profile Report for Gladstone Park VIC (3043)

Gladstone Park House: Median price $649,750, Annual capital growth 8.04%, Number of sales 100, Weekly median advertised rent $400

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

Gladstone Park is an average performer in VIC when comparing median price capital growth over the last year. Gladstone Park gave property investors a average capital gain figure when compared to the rest of the state, with 9.76%.

Over the longer term, Gladstone Park has seen property prices show investors a 48.85% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Gladstone Park 3043 should be seeing an average reduction in asking price of around -1.38% . This means that Gladstone Park is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $20800 per annum or $400 every week.

Metrics i HOUSE UNIT
$649,750 N/A
-0.04% N/A
9.76% N/A
8.04% N/A
$400 N/A
100 N/A
3.20% N/A
32.62 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 8329
Median household income ($/weekly) 1122
Median age of persons 42
Median housing loan repayment ($/monthly) 1571
Average household size 2.7
  • Census Count Percent(%)
    25-34 years 1061 12.7
    35-44 years 1027 12.3
    45-54 years 1075 12.9
    55-64 years 1341 16.1
    65-74 years 907 10.9
    Others 2918 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 3437 52.3
    Not Married 2818 42.9
    Defacto Relationship 315 4.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5061 64.3
    Indonesia 208 2.6
    Japan 341 4.3
    United Kingdom 224 2.8
    Other 366 4.6
    Others 1674 21.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 203 2.6
    Christianity 6016 77.7
    Hinduism 64 0.8
    Islam 398 5.1
    No Religion 1047 13.5
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 286 10.7
    $600-$799 295 11.1
    $800-$999 277 10.4
    $1,000-$1,249 270 10.1
    $1,500-$1,999 347 13.0
    Others 1190 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2690 40.2
    Employed, worked full-time 2454 36.7
    Employed, worked part-time 1063 15.9
    Employed, away from work 249 3.7
    Unemployed, looking for work 232 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 479 12.7
    Technicians & trades workers 622 16.5
    Community & personal service workers 396 10.5
    Clerical & administrative workers 733 19.5
    Labourers 368 9.8
    Others 1164 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 83 5.1
    Infants/Primary 522 32.3
    Secondary 530 32.8
    Technical or Further Educational Institution 188 11.6
    University or other Tertiary Institutions 245 15.2
    Others 49 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7831 99.1
    Flat, unit or apartment 45 0.6
    Semi-detached, row or terrace house, townhouse 27 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1413 48.9
    Being purchased 946 32.8
    Rented 523 18.1
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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