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Barney Point suburb profile

Barney Point is a coastal suburb in Gladstone, Queensland, known for its picturesque beach and relaxed lifestyle. Situated just a short distance from the Gladstone CBD, it offers residents easy access to urban amenities while maintaining a tranquil seaside atmosphere. The suburb is home to Barney Point Park, a popular spot for picnics and beach activities, providing stunning views of the harbour. With a mix of residential properties, including charming older homes and modern developments, Barney Point appeals to families and retirees seeking a peaceful community. Its proximity to industrial hubs also makes it convenient for professionals working in the area.

Barney Point property market performance

Current median dwelling price$373,750Past 3 months

Property growth+18.8%Past 12 months

Barney Point’s property market has experienced significant growth over the past 12 months, with house values increasing by 16.6% and unit values rising by 21.4%. Despite the notable appreciation in property values, the current median prices for both houses and units are not available. Sales activity has been limited, with only 5 houses and 4 units sold in the past year. However, properties are moving quickly, with houses spending a median of 26 days on the market and units just 25 days, indicating strong buyer interest.

The rental market in Barney Point has also seen substantial changes, with average rents for houses increasing by 5.6% to $475, and units experiencing a more pronounced rise of 14.7%, bringing the average rent to $430. This suggests a growing demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
13.8%23.9%
Sold
Past 3 months
95
Median days on market
Past 12 months
3121
Average rent
Past 12 months
$480$450
Change in rent
Past 12 months
6.7%20.0%

5 year median price trend for houses and units

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Barney Point demographics

Barney Point, located in the coastal city of Gladstone, Queensland, is a small suburb known for its scenic views and relaxed lifestyle. With a population of just over 1,000 residents, it offers a tight-knit community atmosphere. The median age of 46 suggests a mature population, with many residents likely enjoying the tranquility and slower pace of life that Barney Point provides. The suburb's proximity to the beach and local parks makes it an attractive location for those seeking a peaceful environment away from the hustle and bustle of larger cities.

The housing landscape in Barney Point is diverse, with a significant portion of properties being rented, accounting for 52.4% of the housing market. This high rental rate indicates a demand for flexible living arrangements, possibly due to the transient nature of some residents working in the nearby industrial sectors. Meanwhile, 29.8% of properties are owned outright, reflecting a stable base of long-term residents who have settled in the area.

Family dynamics in Barney Point are varied, with couple families without children making up 46.2% of the family households, followed by one-parent families at 25.9%. This composition highlights the suburb's appeal to both established couples and single-parent families. The median total household income of $908 per week suggests a modest economic environment, which aligns with the suburb's laid-back and community-focused lifestyle. Overall, Barney Point offers a serene coastal living experience with a strong sense of community and a mix of housing options to suit different lifestyles.

Suburbs near Barney Point

Some popular suburbs near Barney Point include:

  • South Gladstone: Known for its residential charm and community facilities, South Gladstone is located directly southwest of Barney Point.
  • Gladstone Central: The bustling heart of the region with shopping and dining options, Gladstone Central is situated to the west of Barney Point.
  • West Gladstone: Offering a mix of residential and commercial areas, West Gladstone lies to the northwest of Barney Point.
  • Sun Valley: Known for its family-friendly atmosphere and green spaces, Sun Valley is located to the northwest of Barney Point.
  • Kin Kora: Featuring a blend of residential living and recreational facilities, Kin Kora is situated to the northwest of Barney Point.

How does Barney Point compare to nearby suburbs?

  • Median house prices: Barney Point’s median house price is 12.3% lower than South Gladstone’s.
  • Median unit prices: Barney Point’s median unit price is 15.4% higher than South Gladstone’s.
  • House price growth: Over the past 12 months, house prices in Barney Point have grown 0.7% higher than in South Gladstone.
  • Unit price growth: Over the past 12 months, unit prices in Barney Point have grown 6.6% higher than in South Gladstone.
  • Selling speed for houses: Properties in Barney Point are selling 22.5% faster than in Gladstone Central.
  • Selling speed for units: Properties in Barney Point are selling 36.4% faster than in South Gladstone.

Choose the right real estate agents in Barney Point

Currently, there are 26 real estate agents working in Barney Point—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 26 agents sold 40.4% of all properties in Barney Point over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Barney Point typically charge a commission of 2.42% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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