Gladstone Park is a mid-sized suburb in Victoria within the Hume local government area (postcode 3043). With a population of 8,213, the suburb has an established demographic with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Gladstone Park is $713,000, having risen modestly 0.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,961.
Gladstone Park is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1012, which is around the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Gladstone Park offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($713K/$875K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +0.4% year-on-year.
Gladstone Park is a mid-sized suburb in Victoria within the Hume local government area (postcode 3043). With a population of 8,213, the suburb has an established demographic with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Gladstone Park is $713,000, having risen modestly 0.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,961.
Gladstone Park is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1012, which is around the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Gladstone Park offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($713K/$875K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +0.4% year-on-year.