West Gladstone is a smaller suburb in Queensland within the Gladstone local government area (postcode 4680). With a population of 4,844, the suburb has an established demographic with a median age of 40. Households earn a median income of $69K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in West Gladstone is $373,000, having surged 13.1% over the past year. Units have a median price of $245,000 (+11.4% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,300.
West Gladstone is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 939, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Gladstone LGA is moderate at 6,048 incidents per 100,000 population.
From an investment perspective, West Gladstone offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($373K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +13.1% year-on-year.
West Gladstone is a smaller suburb in Queensland within the Gladstone local government area (postcode 4680). With a population of 4,844, the suburb has an established demographic with a median age of 40. Households earn a median income of $69K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in West Gladstone is $373,000, having surged 13.1% over the past year. Units have a median price of $245,000 (+11.4% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,300.
West Gladstone is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 939, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Gladstone LGA is moderate at 6,048 incidents per 100,000 population.
From an investment perspective, West Gladstone offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($373K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +13.1% year-on-year.