This property is Off Market
With an average age of 37, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $250. The average family earns a weekly income of $2,139 with a typical household size of 2.6 and a 90.0% employment rate.
In South Gladstone there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine South Gladstone due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in South Gladstone changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in South Gladstone requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in South Gladstone we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make South Gladstone a better buying opportunity than it may have been in the past.
(Country of Birth not stated 9%)
Gladstone a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
33 / 100
32 / 100
Industry
18 / 100
32 / 100
Population
40 / 100
40 / 100
House Prices
41 / 100
63 / 100
Jobs
21 / 100
31 / 100
Incidents Trend State Average
Trinity College
Gladstone, QLD, 4680 Independent Prep-12
Gladstone South State School
South Gladstone, QLD, 4680 State Prep-6
Gladstone Central State School
Gladstone Central, QLD, 4680 State Prep-6
Toolooa State High School
South Gladstone, QLD, 4680 State 7-12
Chanel College
Gladstone, QLD, 4680 Independent 7-12
Gladstone West State School
West Gladstone, QLD, 4680 State Prep-6
Gladstone State High School
West Gladstone, QLD, 4680 State 7-12
Kin Kora State School
Kin Kora, QLD, 4680 State Prep-6
Rosella Park School
West Gladstone, QLD, 4680 State Prep-12
Star of the Sea Catholic Primary School
Gladstone, QLD, 4680 Independent Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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