Gordon Park

POSTAL CODE: QLD, 4031
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Property investors enjoyed capital gains of 9.93% over the last 12 months in GORDON PARK, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in GORDON PARK are low, as opposed to average gains per annum over the past five years.

The suburb posted a 23.2% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $720 based on current median home prices for the suburb.

On average, rents on listings have reached the $720 mark, reflecting a 2.32% increase in returns based on the current median price in GORDON PARK.

GORDON PARK, 4031 ranks 656th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 713th on the list of best yielding suburbs for rental properties in QLD, posting a 2.32% return.

Surburb overview

Gordon Park, Queensland 4031, is a small yet sought-after inner-northern suburb of Brisbane, approximately 6 kilometres from the central business district (CBD). Known for its leafy streets and character homes, the suburb attracts families, professionals, and retirees. The population of Gordon Park is around 4,233, with the predominant age group being 30-39 years.

The real estate market in Gordon Park is strong, with a median house price of $1,570,000 and a median unit price of $586,500. Over the past 12 months, house prices have grown substantially by 26.61%, while unit prices have grown by 36.40%. The rental market remains steady, with a median weekly rent of $650 for houses and $550 for units, providing rental yields of 2.81% for houses and 4.80% for units. Properties tend to move quickly, with houses spending an average of 24 days on the market and units around seven days.

Gordon Park offers a variety of amenities, with proximity to shopping centres in Lutwyche, Stafford, and Chermside. The suburb is bordered by Kedron Brook, which provides extensive green spaces and walking and cycling tracks, making it ideal for outdoor activities and family outings. Although the suburb does not have its schools, several reputable schools are nearby, including Wooloowin, Windsor, and Stafford State Schools.

With its serene atmosphere, accessibility, and strong community feel, Gordon Park is considered one of Brisbane’s hidden gems. It offers a desirable lifestyle for those close to the city.

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