Gordonvale is a moderately sized suburb in Queensland within the Cairns local government area (postcode 4865). With a population of 6,944, the suburb has an established family demographic with a median age of 38. Households earn a median income of $86K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 technicians & trades, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Gordonvale is $595,000, having surged by 16.7% over the past year. Units have a median price of $288,000 (+28.1% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,517.
Gordonvale is served by 5 schools, including 2 primary, 1 secondary, 2 combined. The average ICSEA score is 866, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Cairns LGA is higher than average at 11,007 incidents per 100,000 population.
On the investment side, Gordonvale shows a gross rental yield of approximately 5.3%, rated as high yield. Property prices sit below the state median ($595K/$1.1M), which can point to relative value. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +16.7% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.