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Gaven

POSTAL CODE: QLD, 4211
HOUSE

Property investors enjoyed capital gains of 11.67% over the last 12 months in GAVEN, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 7.68% 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 N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in GAVEN.

GAVEN, 4211 ranks 566th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 879th on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.

Surburb overview

Gaven is a rural residential suburb on the Gold Coast, Queensland, Australia. It is approximately 67.5 kilometres south-southeast of Brisbane's central business district and about 13.9 kilometres northwest of Surfers Paradise.

As of the 2021 census, Gaven had a population of 1,638 residents. The predominant age group in Gaven is 50-59. Public transportation options in Gaven are limited, so residents primarily rely on private vehicles for commuting.

Gaven offers access to essential establishments in nearby areas. Residents often travel to neighbouring suburbs such as Pacific Pines and Nerang, where major supermarkets, pharmacies, and specialty shops are available for shopping and services. In terms of education, there are no schools within Gaven itself. The nearest government primary schools are Pacific Pines State School in Pacific Pines, Arundel State School in Arundel, and Nerang State School in Nerang. Pacific Pines State High School in Pacific Pines and Nerang State High School in Nerang are the closest options for secondary education.

Recreational activities are abundant in and around Gaven. The suburb features several parks and reserves, offering hiking, picnicking, and wildlife observation opportunities. The area's natural beauty provides a serene environment for outdoor enthusiasts.

Gaven has seen growth in recent years in terms of property. The median sale price for houses is approximately $1,425,000, reflecting a 21.02% increase over the past 12 months. There were 13 house sales in the past 12 months, with properties spending an average of 34 days on the market.

Gaven presents a rural-residential lifestyle with convenient access to urban amenities in neighbouring suburbs. Its natural environment and ongoing development contribute to its appeal within the Gold Coast region.

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