Gordonvale is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4865). With a population of 6,944, the suburb has an established 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. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Gordonvale is $595,000, having surged 16.7% over the past year. Units have a median price of $288,000 (+28.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.7%. 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 10,917 incidents per 100,000 population.
From an investment perspective, Gordonvale offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($595K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +16.7% year-on-year.
Gordonvale is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4865). With a population of 6,944, the suburb has an established 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. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Gordonvale is $595,000, having surged 16.7% over the past year. Units have a median price of $288,000 (+28.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.7%. 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 10,917 incidents per 100,000 population.
From an investment perspective, Gordonvale offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($595K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +16.7% year-on-year.