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9 MIN READProperty Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
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Gladstone CentralGladstone Central - SUBURB PROFILE REPORT
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Homeowners and real estate investors betting on GLADSTONE CENTRAL, 4680 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 22.45%.
Property investors in GLADSTONE CENTRAL enjoyed capital gains of 22.45% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $300,001.
Home owners selling their properties and realtors in GLADSTONE CENTRAL usually have to wait an average of 55.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $320 mark, reflecting a 5.55% increase in returns based on the current median price in GLADSTONE CENTRAL.
GLADSTONE CENTRAL, 4680 places 201st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $300,001 | $213,000 |
| GROWTH REPORT | ||
| Median Quarterly | 9.09% | 4.28% |
| Median 12 month | 22.45% | 25.29% |
| Median 3 years | N/A | 18.33% |
| Median 5 years | -4.76% | -59.43% |
| 10 years average annual | 0.13% | -2.23% |
| Weekly media advert. rent | $320 | $285 |
| Time on Market | 55.0 days | 61.2 days |
| Gross Rental Yield Percent | 5.55% | 6.96% |
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