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Gympie, QLD 4570

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Gympie, QLD 4570 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Gympie, QLD 4570”

  1. The total adult population (15 years or older) of Gympie 4570 QLD is 9,276, with a median age of 42. Of those, 35.89% are married, 18.57% are divorced or separated, 37.11% are single and 8.39% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,308. The median monthly mortgage repayment for households in this suburb is $1,200 which is 22.61% of their earnings.

    Source: ABS Census Data (2021)

  2. Based in Queensland, the suburb of Gympie 4570 is home to an estimated 6,451 households. As we progress into the third quarter of 2023, current statistics show that typical house prices in Gympie 4570 hover around $448,717 with the median weekly rent at $437, accumulating a substantial indicative yield of 5.06%.

    The socio-economic status of the area is promising, with Gympie scoring an IRSAD score of 856 out of 1217. This generally reflects a satisfactory level of access to economic resources and a solid income base, which can partially be attributed to the relatively high yield.

    Gympie has a renter to owner ratio of 37%, which while slightly higher than the desired benchmark of under 30%, still falls just short of the 45% threshold, where an over-saturated rental market can introduce the risk of lower long-term returns and intense competition among investors.

    This is also reflected in the suburb’s low units to houses ratio of 5%, indicating a market dominated by houses that typically attract families and long-term tenants, minimising the likelihood of an oversaturated rental market.

    One area of concern is Gympie’s affordability index, which sits at 33 years for houses. This is slightly higher than the standard 30-year mortgage duration, hinting at potentially decreased affordability. However, this must be seen in conjunction with other favourable market metrics.

    Gympie’s supply metrics are fairly balanced. With a stock on market Percentage for houses at 0.65%, and inventory level for houses at 1.56 months, the property market is in the middle ground of supply, not too high and not too low. Similarly, the building approvals Ratio for houses here is low at 0.35%, which can help retain a balanced supply and demand dynamic in the property market.

    The average days on market (DoM) for houses is 50 days, indicating a moderate demand, while the low vacancy rate of 0.99% (combining both houses and units) suggests high demand with little available supply, providing landlords a favourable market to attract tenants.

    Finally, the buy search index for houses stands at 4, suggesting neutral demand.

    In sum, while Gympie’s affordability index may raise eyebrows, a majority of its other metrics point towards a favourable market offering potential for both capital gains and positive cashflow. The balanced supply and high demand metrics further boost Gympie’s appeal as an area worth considering for savvy property investors.

    Lastly, don’t forget to refer to the RCS from HtAG Analytics which uses over 80 metrics to help automate your research process and streamline your decision-making.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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