Property investors enjoyed capital gains of 4.45% over the last 12 months in GUMDALE, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 9.71% growth over a ten-year period. It ranks 120th on our list of suburbs that property investors should look into.
GUMDALE, 4154 has a capital gain of 4.45% for the past year, which is lower than average compared to its 105.25% growth within a five-year period.
With the median home price in GUMDALE sitting at $2,052,500, and the average rent at $862.5, property owners could potentially earn a 2.19% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GUMDALE are low, as opposed to average gains per annum over the past five years.
GUMDALE, 4154 in QLD belongs to the local government area of Brisbane.
Gumdale is an outer suburb of Brisbane, Queensland, situated approximately 15.6 kilometres east-southeast of the Brisbane central business district.
According to the 2021 census, Gumdale has a population of 2,298 residents. The suburb has experienced significant growth, with the population increasing from 950 in 2011 to 2,118 in 2016, indicating a substantial rise over the past decade.
Gumdale's demographic profile predominantly comprises families, with a notable proportion of residents aged between 10 and 19. Large residential blocks, often 5,000 to 10,000 square metres, characterise the area, contributing to its semi-rural atmosphere. Despite its spacious setting, Gumdale is within a 15- —to 20-minute drive of Brisbane's CBD, balancing rural and urban living.
Public transportation options in Gumdale are limited, and residents are heavily dependent on car transport. Approximately 56.1% of residents use cars as their primary mode of transportation, while only 3.1% use public transport. The suburb's layout and available services contribute to this car dependency.
Gumdale State School, located at 677 New Cleveland Road, serves as the primary educational institution for the area, catering to students from Prep to Year 6. For secondary education, residents typically access schools in neighbouring suburbs, such as Brisbane Bayside State College in Wynnum West and Capalaba State College in Capalaba.
While Gumdale maintains a peaceful, semi-rural environment, essential amenities are accessible in nearby suburbs. Residents often visit the neighbouring suburb of Carindale, which houses the Westfield Carindale shopping centre, offering a wide range of retail outlets, dining options, and entertainment facilities. Additionally, the suburb's proximity to the Gateway Motorway provides residents with easy access to the Gold Coast and Sunshine Coast for weekend getaways.
Recreational opportunities in Gumdale include several parks and green spaces, contributing to the suburb's family-friendly atmosphere. The area's expansive properties often feature private amenities such as pools and tennis courts, enhancing the recreational options available to residents.
Gumdale offers a unique blend of semi-rural living with convenient access to urban amenities, making it an attractive suburb for families seeking space without sacrificing proximity to city conveniences.