Are you looking to purchase a home or investment property in Gaythorne? As a GaythorneBuyers’ Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Gaythorneproperty purchase!
The population of Gaythornein 2016 was around 3,036 and continues to grow. 39.2% of households in Gaythorneare owner occupied and consistent predominantly of young couples in the 20-29 age group.
Brookside Shopping Centre (in nearby Mitchelton) is the nearest major shopping centre.
Gaythorne is bordered on the north by Kedron Brook which includes bikeways, parklands, playgrounds and picnic spots.
Gallipoli Barracks is a major military base on the southern boundary of Gaythorne which employs more than 5,000 people and supports a strong rental market in the adjacent suburbs.
Quieter pockets and areas close to Kedron Brook are the most desirable, though some of these areas may be susceptible to flooding (see flood map below).
Noise can be an issue for properties close to the train line and major thoroughfares including Samford Rd, and Pickering St.
The majority (57%) of dwellings are units and townhouses. These are particularly common close to major rail and road infrastructure.
Free standing houses include a mix of Queenslander and post-war style homes on 400-600m2 blocks.
The median house price in Gaythorne is $855,000 which is close to Brisbane’s median.
The median house price in Gaythornewould typically buy a 3-bedroom, 1-bathroom house on a 419 m2 block. For example: 94 Mott Street Gaythorne, QLD, 4051 – sold for $855,000 in September 2021 (click to view listing and see images below).
The median unit price in Gaythorne is: $445,500.
This amount would typically buy a 2-bedroom, 1-bathroom unit in an older style complex. For example: 3/34 Lade Street Gaythorne, QLD, 4051 – sold for $435,000 in April 2022 (click to view listing and see images below)
In the last 5 years the median house price has increased by 17.1%. Over the last 10 years, house prices have increased by 4.8% per annum.
Units in Gaythornehave seen more modest price growth. In the last 5 years the median price of units has increased by 4.8%. On average, over the last 10 years unit prices have increased by 0.5% per annum.
**Statistics are accurate for June 2022
Find a better property at an even better price. Leave your property buying journey with our buyer’s agents – we’re Your Property Hounds.