VIP Market Update for Gilston - July 2020

Suburb Repor t Gilston QLD 4211

Gilston QLD 4211

The size of Gilston is approximately 9.5 square kilometres.

It has 13 parks covering nearly 0.6% of total area.

The population of Gilston in 2011 was 1,449 people.

By 2016 the population was 2,468 showing a population growth of 70.3% in the area during that time.

House Current Median

$655,000

The predominant age group in Gilston is 0-9 years.

Unit

Households in Gilston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments.

Current Median

NA

In general, people in Gilston work in a trades occupation.

In 2011, 82% of the homes in Gilston were owner-occupied compared with 77.4% in 2016.

# Listings last 12 month

8

Recent Activit y Total sales last 12 months

51

Why is recent activity important to me?

Recent sales activity provides insight into the current market condition. Many more sales than listings may indicate an undersupplied market, while conversely, more listings could indicate an over-supplied market with buyers in the driving seat.

Recent Sales HOUSE 5 BED 7 BATH 4 CAR 392 GILSTON ROAD GILSTON QLD 4211

$2,710,000

HOUSE

10/06/20

4 BED 2 BATH 4 CAR 3 HANWOOD COURT GILSTON QLD 4211

$975,000 29/03/20

HOUSE 5 BED 2 BATH 2 CAR 5 RUTHERFORD CIRCUIT GILSTON QLD 4211

$628,000 12/01/20

UNIT 2 BED 2 BATH 1 CAR 21/364 GILSTON ROAD GILSTON QLD 4211

$391,000

HOUSE

06/01/20

4 BED 2 BATH 2 CAR 56 MOONDANI DRIVE GILSTON QLD 4211

$555,000 23/01/20

HOUSE 4 BED 2 BATH 2 CAR 6 HARLOW COURT GILSTON QLD 4211

$563,000 12/11/19

HOUSE 4 BED 3 BATH 2 CAR 18 BELLBIRD PLACE GILSTON QLD 4211

$660,000

HOUSE 5 BED 3 BATH 2 CAR 1 PLATINUM COURT GILSTON QLD 4211

22/10/19

$663,000 06/11/19

HOUSE 4 BED 2 BATH 2 CAR 12 JACKAROO CRESCENT GILSTON QLD 4211

$620,000 02/01/20

HOUSE 3 BED 2 BATH 2 CAR 21 SWAGMAN ROAD GILSTON QLD 4211 HOUSE 4 BED 2 BATH 2 CAR 49 JACKAROO CRESCENT GILSTON QLD 4211

$738,000 30/09/19

HOUSE 4 BED 2 BATH 2 CAR 28 MOONDANI DRIVE GILSTON QLD 4211

$653,000 07/07/20

$620,000 25/09/19

Recent Listings HOUSE 5 BED 2 BATH 2 CAR 32 MOONDANI DRIVE GILSTON QLD 4211

AUCTION

HOUSE 5 BED 3 BATH 4 CAR 2 BLUE GUM COURT GILSTON QLD 4211 HOUSE

OFFERS OVER $779,000

4 BED 2 BATH 2 CAR 29 KOEL DRIVE GILSTON QLD 4211

OFFERS OVER $559,000

HOUSE 4 BED 2 BATH 2 CAR 6 BLACKSTUMP COURT GILSTON QLD 4211

$539,000

HOUSE

HOUSE

4 BED 2 BATH 2 CAR

7 BED 7 BATH 9 CAR

8 BLACKSTUMP

871 GILSTON ROAD GILSTON QLD 4211

COURT GILSTON QLD 4211

INTEREST

OFFERS OVER $1,995,000-

Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$550 /w

5.39%

31

Median Weekly Rent Trends

LJ HOOKER NERANG nerang@ljhooker.com.au 07 55814422 2-4 New Street Nerang nerang.ljhooker.com.au

Prepared on 9 Jul 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Apr - 31 Mar 2020). Š 2020 Copyright RP Data Pty Limited, Local, State, Commonwealth Govt. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials at this site is permitted. The information provided is deemed reliable but not guaranteed.

Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2020. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.