Gympie is a settled mid-to-large suburb in Queensland within the Gympie local government area (postcode 4570). It is home to about 11,355 residents, with an established demographic and a median age of 42. Households earn a median income of $53K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% 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 labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Gympie stand at $531,000, having surged by 11.2% over the last twelve months. Units have a median price of $234,000 (-40.8% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,200.
Gympie is served by 11 schools, including 4 primary, 3 secondary, 2 combined, 2 special. The average ICSEA score is 972, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Gympie LGA is moderate at 5,174 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 5.4% (high yield). Property prices sit below the state median ($531K/$1.1M), which can point to relative value. The price-to-income ratio of 10.0x is considered moderate. House prices have moved +11.2% year-on-year. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.