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Gulliver suburb profile

Gulliver is a residential suburb located in the city of Townsville, Queensland, known for its family-friendly atmosphere and convenient amenities. Situated approximately 6km southwest of the Townsville CBD, Gulliver offers a mix of post-war homes and modern residences, catering to a diverse community. The suburb is well-served by local schools, parks, and shopping facilities, making it an attractive option for families and individuals seeking a balanced lifestyle. Its proximity to major roads and public transport links ensures easy access to the broader Townsville area, enhancing its appeal as a comfortable and accessible place to live.

Gulliver property market performance

Gulliver's property market has experienced significant growth in house values over the past 12 months, with a remarkable 23% increase, bringing the median house price to $622,000. However, the unit market remains inactive, with no sales recorded and no change in median unit value.

Sales activity for houses has been limited, with only 10 houses sold in the past 12 months. Despite this, houses are selling quickly, with a median of just 17 days on the market, indicating strong demand. The unit market, on the other hand, shows no activity.

The rental market in Gulliver has seen notable changes, particularly for units, which have experienced a substantial 36.9% increase in rent over the last 12 months. House rents have also risen by 8.7%, reflecting a robust rental demand in the area.

HousesUnits
Median price
Past 3 months
$622KN/A
Change in value
Past 12 months
23.0%N/A
Sold
Past 3 months
10N/A
Median days on market
Past 12 months
17N/A
Average rent
Past 12 months
$525$445
Change in rent
Past 12 months
8.7%36.9%

5 year median price trend for houses and units

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Gulliver demographics

Gulliver, located in the heart of Townsville, Queensland, is a suburb that offers a blend of suburban tranquility and urban convenience. With a population of 2,884, it is a close-knit community that appeals to families and individuals seeking a peaceful lifestyle. The median age of 39 suggests a mature population, with many residents likely to be established in their careers or enjoying the stability of family life.

The suburb's housing landscape is quite balanced, with a significant portion of properties being owned outright (30%) or with a mortgage (36.5%). This indicates a stable housing market with a mix of long-term residents and new homeowners. Additionally, 33.5% of the properties are rented, providing options for those who prefer flexibility or are new to the area. The median total household income of $1,343 per week reflects a modest yet comfortable living standard for its residents.

Family dynamics in Gulliver are diverse, with couple families with children making up 34.1% of the households, while couple families without children account for 38.2%. One-parent families also form a significant part of the community at 24.5%, highlighting the suburb's inclusive nature. The presence of other family types, though smaller at 3.2%, adds to the suburb's rich tapestry of community life. Gulliver's appeal lies in its balance of family-friendly amenities, accessibility to Townsville's city center, and a welcoming atmosphere that makes it an attractive place to call home.

Gulliver infrastructure, key developments and investment opportunities

Gulliver has a well-established suburban setting within easy reach of Townsville’s key services, shopping, and employment areas, which supports steady day-to-day demand from buyers and renters. Its location close to major transport corridors and nearby amenity is a practical advantage for households seeking convenience and access to the broader city.

No major new redevelopments, school openings, or transport projects specific to Gulliver were identified in the available results. As a result, the suburb’s property market is likely to be driven more by its established location, liveability, and proximity to surrounding facilities than by any immediate infrastructure catalyst.

Gulliver rental market trends

The rental market in Gulliver has experienced notable growth, with house rents increasing by 8.7% over the past year to $525 per week. Unit rents have surged significantly, rising 36.9% to $445 per week. This dynamic market reflects strong demand and presents promising opportunities for both investors and renters seeking value in this Queensland suburb.

Suburbs near Gulliver

Some popular suburbs near Gulliver include:

How does Gulliver compare to nearby suburbs?

  • Median house prices: Gulliver’s median house price is 2.0% higher than Heatley’s.
  • House price growth: Over the past 12 months, house prices in Gulliver have grown 7.1% higher than in Vincent.
  • Selling speed for houses: Properties in Gulliver are selling 15.0% faster than in Pimlico.

Common questions about Gulliver

  • Is Gulliver a nice place to live?

    Gulliver is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience, making it a wonderful place to live. Known for its family-friendly atmosphere, Gulliver provides a welcoming environment for families and individuals alike. The suburb's peaceful streets are lined with a mix of post-war homes and modern residences, catering to a diverse community. The presence of local schools, parks, and shopping facilities ensures that residents have access to all the necessary amenities for a comfortable lifestyle.

    Families will find Gulliver particularly appealing due to its strong sense of community and the availability of family-oriented amenities. The suburb's proximity to major roads and public transport links makes it easy to access the broader Townsville area, adding to its convenience. While Gulliver may not offer the bustling nightlife of a city center, it compensates with a serene environment and a close-knit community feel. Safety is generally not a concern, providing peace of mind for families and individuals.

    One trade-off of living in Gulliver is that it may not have the rapid development or new infrastructure projects seen in other areas. However, this stability contributes to its charm, offering a reliable and established setting for residents. The suburb's location close to Townsville's key services, shopping, and employment areas supports a steady demand from both buyers and renters. Overall, Gulliver is a delightful suburb that offers a balanced lifestyle, making it a nice place to call home for those seeking a peaceful yet accessible environment.

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  • Is it expensive to live in Gulliver?

    Living in Gulliver, a suburb of Townsville, is relatively affordable compared to many other areas in Queensland. The median house price in Gulliver is currently $622,000, which is quite reasonable when you consider the broader property market in Queensland. For those looking to rent, the average weekly rent for houses is $525, while units are even more affordable at $445 per week. These rental prices are manageable for many, especially when compared to the average weekly earnings in Queensland, which stand at approximately $1,771.

    The median total household income in Gulliver is $1,343 per week, which is lower than the Queensland average. This suggests that while the cost of housing is lower, residents might find their incomes stretched a bit more than in other parts of the state. However, the affordability of housing makes Gulliver an attractive option for those looking to balance cost with lifestyle. Overall, if you are thinking of living in Gulliver, you'll find it offers a more budget-friendly living environment, especially in comparison to more expensive suburbs in Queensland.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Gulliver a good place to invest?

    Gulliver is showing promising signs as a potential investment hotspot, particularly for those interested in rental properties. Over the past year, the suburb has experienced a significant 23% increase in median house values, indicating strong demand and a healthy property market. While unit values have remained stable, the rental market for units has seen an impressive 36.9% increase, suggesting a growing demand for rental accommodation in the area.

    The rise in house rents by 8.7% further highlights the suburb's appeal to renters, making it an attractive option for investors seeking rental income. Gulliver's steady growth in house values and the booming rental market for units suggest a balanced investment opportunity. The suburb's potential for both capital appreciation and rental yield makes it a compelling choice for those looking to invest in the real estate market.

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Choose the right real estate agents in Gulliver

Choosing the right real estate agent in Gulliver can have a big impact on your sale. While there are 47 real estate agents working in the suburb, but just 5 of them were responsible for 27.3% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.47% to 3.09%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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