VIC/
Gladstone park

Suburb Profile

Gladstone Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3043

house

GLADSTONE PARK, 3043 ranks 234th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 24.85% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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 $618,000.

The upward trend in home prices in GLADSTONE PARK, 3043 averaged 18.88% per annum over a 3-year period.

Average weekly rents on listings have reached the $380 mark, reflecting a 3.2% increase in returns based on the current median price in GLADSTONE PARK.

An average of 8.42 real estate transactions take place per month in GLADSTONE PARK which translates to 101 per annum.

101 properties were sold in GLADSTONE PARK in 2016, making it the 723rd most active market in VIC based on total real estate transactions.

GLADSTONE PARK, 3043 places 58th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $618,000 N/A
GROWTH REPORT
Median Quarterly 7.2% N/A
Median 12 month 24.85% N/A
Median 3 years 56.65% N/A
Median 5 years 62.2% N/A
10 years average annual 8.9% N/A
Weekly media advert. rent $380 N/A
Time on Market 21.5 days N/A
Gross Rental Yield Percent 3.2% N/A
demographics (median values)
Total Population
8667
Weekly Household Income
1013
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories