Located in Queensland within the North Burnett local government area, Gayndah is a small community (postcode 4625). With a population of 1,949, the suburb has a mature demographic with a median age of 47. Households earn a median income of $54K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, community & personal service, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, German.
The median house price in Gayndah is $255,000, having risen by 2.4% over the past year. Units have a median price of $322,000. The current median weekly rent is $390. This gives a gross rental yield of approximately 8.0%. The median monthly mortgage repayment is $984.
Gayndah is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 936, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the North Burnett LGA is below average at 3,680 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 8.0% (high yield). Property prices sit below the state median ($255K/$1.1M), which can point to relative value. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +2.4% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.