West Gladstone, QLD 4680: Suburb Profile & Property Report

Market Report

House report
Unit Report

West Gladstone has 188 houses available for sale. The median property price for a house is currently $380,000 with annual capital growth of 15.50% . There were 191 house sales in the past 12 months. On average, houses spend 21 days on market.

If you're thinking about buying an investment property in West Gladstone, consider that rental yields for houses are currently 6.40% with an average median rent of $420 weekly. Houses have seen 7.04% growth in the past quarter, and 15.50% growth in the past 12 months.

The size of West Gladstone is approximately 7.1 square kilometres. It has 16 parks covering nearly 14.1% of total area. The population of West Gladstone in 2011 was 5,200 people. By 2016 the population was 4,730 showing a population decline of 9.0% in the area during that time. The predominant age group in West Gladstone is 50-59 years.

Households in West Gladstone are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Gladstone work in a trades occupation. In 2011, 59.1% of the homes in West Gladstone were owner-occupied compared with 55.4% in 2016.

West Gladstone has 49 units available for sale. The median property price for a unit is currently $247,500 with annual capital growth of 15.12% . There were 58 unit sales in the past 12 months. On average, units spend 17 days on market.

If you're thinking about buying an investment property in West Gladstone, consider that rental yields for units are currently 7.31% with an average median rent of $320 weekly. Units have seen 3.56% growth in the past quarter, and 15.12% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$380,000	$247,500
Quarterly growth	+7.04%	+3.56%
12-month growth	+15.50%	+15.12%
Average annual growth	+14.75%	+10.91%
Weekly median rent	$420	$320
Gross rental yield	6.40%	7.31%
Number of Sales (12m)	191	58
Avg. Days on Market (12m)	21	17

Jump to Market Trends

Key Demographics	2011	2016
Total population	5,200	4,730
Population change (5y)	-1.91%	-9.00%
Median household income (p/w)	$1,460	$1,270
Household income change (5y)	+38.65%	-13.01%
Median age of persons	35	38

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in West Gladstone is $380,000 for houses and $247,500 for units.

The Median Growth in West Gladstone over the past 12 months is 15.50% for houses and 15.12% for units.

Over the past 12 months there were 191 houses sold and 58 units sold in West Gladstone. On average, houses spent 21 days on market and units spent 17 days on market.

In the past 12 months up to July 2024 there were 191 houses sold and 58 units sold in West Gladstone. On average, houses spent 21 days on market and units spent 17 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in West Gladstone is $420 for houses and $320 for units.

The Rental Yield in West Gladstone is 6.40% for houses and 7.31% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of West Gladstone was 4,730 in 2016, a -9.00% change compared to 2011.

The predominant age group in West Gladstone is 50-59 years.

The population of West Gladstone was 4,730 in 2016, a -9.00% change compared to 2011.

The predominant age group in West Gladstone is 20-29 years.

Most of the population in West Gladstone were born in Australia.

Most of the population in West Gladstone report their religion as No Religion.

Most of the population in West Gladstone report their income range as between $78,000 and $130,000 .

The median household income in West Gladstone was $1,270 in 2016, a -13.01% change compared to 2011.

Most of the population in West Gladstone report their income range as between $78,000 and $130,000 .

The median household income in West Gladstone was $1,460 in 2011, a +38.65% change compared to 2006.

Most of the population in West Gladstone work as Trades.

The chart below demonstrates the various levels of education in West Gladstone.

Most of the population in West Gladstone reached a qualification level of Certificate.

2011 2016

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