Gin Gin is a small community in Queensland within the Bundaberg local government area (postcode 4671). With a population of 1,139, the suburb has a mature demographic with a median age of 51. Households earn a median income of $47K per year, with an average household size of 2.1 people. The most common occupations are labourers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, German.
The median house price in Gin Gin is $405,000, having grown strongly 5.2% over the past year. Units have a median price of $295,000 (-1.7% YoY). The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $867.
Gin Gin is served by 2 schools, including 1 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 Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Gin Gin offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($405K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +5.2% year-on-year.
Gin Gin is a small community in Queensland within the Bundaberg local government area (postcode 4671). With a population of 1,139, the suburb has a mature demographic with a median age of 51. Households earn a median income of $47K per year, with an average household size of 2.1 people. The most common occupations are labourers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, German.
The median house price in Gin Gin is $405,000, having grown strongly 5.2% over the past year. Units have a median price of $295,000 (-1.7% YoY). The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $867.
Gin Gin is served by 2 schools, including 1 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 Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Gin Gin offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($405K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +5.2% year-on-year.