Question 1

Is Gaythorne a nice place to live?

Accepted Answer

Gaythorne is a residential pocket in Brisbane’s inner-north, with tree-lined streets and a mix of timber Queenslanders, interwar cottages and low-rise townhouse infill. It has a quieter, suburban feel that suits young families, established residents and professionals who value nearby parks and green corridors such as Enoggera Creek. Gaythorne station on the Ferny Grove line gives straightforward rail access, and a handful of shops and cafés near the station create a village atmosphere. The suburb is home to 3,158 people, with a median age of 33 and a median household income of $1,759 a week.

Community-wise it is a suburb of families, with couple families making up about 77.7% of families, and dwellings are most often rented (56.7%). The Department of Transport and Main Roads is progressing a park ’n’ ride expansion at Gaythorne station that would add around 140 car spaces plus upgraded accessible parking, bicycle parking and improved lighting and CCTV. The Ferny Grove line has also seen ongoing track works and some scheduled weekend closures with railbuses replacing trains at those times. Whether Gaythorne suits you comes down to what you’re looking for in a suburb.

Question 2

Is it expensive to live in Gaythorne?

Accepted Answer

Rents in Gaythorne are about $725 a week for houses and $600 a week for units. Against the suburb's median household income at the last Census of $1,759 a week, a $725 house rent would take roughly 41.2% of that weekly income and a $600 unit rent about 34.1%. On these figures, renting a house would take a large share of a typical local household's income at the last Census, while renting a unit would take a sizeable share; whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Gaythorne a good place to invest?

Accepted Answer

Units have clearly outpaced houses in Gaythorne over the past 12 months. Median unit values climbed 28.0%, a strong rise, while median house values rose 17.9%, also a strong increase. On the income side, unit rents increased 9.1% (a solid rise) compared with a modest 3.6% increase in house rents.

Put simply, both capital growth and rental income moved more strongly for units than for houses in Gaythorne over the year. Which of those outcomes matters to you will depend on your own investment goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	17.9%	28.0%
Sold Past 3 months	4	9
Median days on market Past 12 months	12	14
Average rent Past 12 months	$725	$600
Change in rent Past 12 months	3.6%	9.1%