Get a property report and suburb profile for any property in Gordonvale

Gordonvale sits beneath Walshs Pyramid and beside Wooroonooran National Park. A working sugar-cane town, it has a compact town centre with cafes, pubs, shops and sporting clubs and a strong outdoor focus from walking and trail-running on the pyramid and nearby creeks and waterfalls. Housing ranges from older Queenslander cottages to newer suburban lots, with rural blocks and cane farms on the outskirts. Families dominate the local mix; the community of 6,944 has a median age of 38 and about three in four homes are owner-occupied.

Good road links and a local rail stop make Gordonvale popular with families, farmers and commuters seeking a relaxed, semi-rural lifestyle. Recent works have improved highway links and added an off-road cycleway, and longer-term planning envisages a rapid busway linking Palm Cove and Gordonvale. Local health projects include Gordonvale Memorial Hospital and construction under way on the Casa Mia Living retirement village with a co-located medical centre.

On the figures, housing in Gordonvale sits fairly stretched against local incomes at the last Census. A house rent of $680 a week would take about 41% of a typical local household's weekly income at the last Census, which is a large share of income. Buying looks even more stretched: a $750,000 median house price is roughly 8.7 times a typical local household's annual income at the last Census, which places buying well above local incomes. For renters the rent share is the most directly relevant number; for buyers the price multiple is the key measure.

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

For someone weighing Gordonvale up as an investment, the house side is the clearest story from the past year. House values climbed 17.4% over the 12 months, a strong rise, while the rent those houses earn rose 4.6%, a modest increase. Put simply, capital growth on houses outpaced rental income growth over the year, and whether that balance matches your investment goals and circumstances is something only you can judge.

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.