Question 1

Is Gulliver a nice place to live?

Accepted Answer

Gulliver is an inner suburb of Townsville with a quietly residential character, tree-lined streets and established gardens. Housing mixes single-storey timber cottages and brick post-war homes with pockets of newer townhouses, giving a low-rise, domestic feel. It suits families and professionals who want easy everyday access to local shops, schools and sporting ovals while still being close to larger shopping and health precincts. Regular bus routes and nearby arterial roads make getting around straightforward and residents benefit from a suburban calm with city services within easy reach.

The community of 2,884 has a median age of 39 and a median household income of $1,343 a week (about $69,800 a year). Gulliver is dominated by couple families—couples without children 38.2% and couples with children 34.1%—and most homes are owner-occupied (66.5%) while around one in three dwellings are rented. An active transport upgrade is under way on Gulliver and Hugh Streets to add shared pathways, footpaths, bike lanes and improved crossings, and the suburb is home to the Townsville Youth Foyer at 87B Fulham Road, a 40-unit social and affordable housing project managed by Mission Australia that provides one-bedroom apartments with onsite support for young people.

Question 2

Is it expensive to live in Gulliver?

Accepted Answer

Rents in Gulliver take a sizeable share of local household income as recorded at the most recent Census. A house rent of $530 a week would take about 39.5% of a typical local household's weekly income as recorded at the most recent Census, and a unit rent of $450 a week would take about 33.5%. The median house price of $622,500 is about 8.9 times a typical local annual household income as recorded at the most recent Census, so buying sits well above what households locally earned at that Census. Whether that feels expensive will depend 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 Gulliver a good place to invest?

Accepted Answer

The clearest movement is in unit rents: in Gulliver they jumped 36.4% over the past year, a sharp rise. House values also increased strongly, up 19.6% over the same period, which shows the capital value of houses rose substantially. House rents climbed 9.3%, a solid gain but notably smaller than the jump in unit rents and smaller than the house value increase.

Which of those outcomes matters to you will depend on whether you prioritise capital growth or rental income and on your own 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.

	Houses	Units
Median price Past 3 months	$623K	N/A
Change in value Past 12 months	19.6%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	17	N/A
Average rent Past 12 months	$530	$450
Change in rent Past 12 months	9.3%	36.4%

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