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South Gladstone suburb profile

South Gladstone is a suburb located in the industrial city of Gladstone, Queensland, known for its strong community spirit and convenient amenities. Positioned just a few kilometers from the Gladstone CBD, it offers residents easy access to shopping centers, schools, and recreational facilities. The suburb is characterized by a mix of residential properties, including traditional Queenslander homes and modern developments. South Gladstone's proximity to the Gladstone Marina and the stunning Southern Great Barrier Reef makes it an attractive location for those who enjoy outdoor activities and coastal living. Its blend of urban convenience and natural beauty continues to draw families and professionals to the area.

South Gladstone property market performance

Current median dwelling price$423,250Past 3 months

Property growth+13.5%Past 12 months

South Gladstone's property market has shown robust growth over the past 12 months, with both houses and units experiencing significant value increases. House values have risen by 13.1%, while unit values have surged by 14%. The median house price over the past three months has averaged $546,500, and units have averaged $300,000, indicating strong demand across both property types.

Sales activity has been active, with 35 houses and 14 units sold in the past three months. Both houses and units are selling quickly, with a median of just 29 days on the market, reflecting a competitive market environment.

The rental market in South Gladstone has also seen notable increases, with house rents rising by 9.3% and unit rents by 6.1% over the last 12 months. The average rent for houses is $470, while units average $350, highlighting a strong rental demand in the area.

HousesUnits
Median price
Past 3 months
$547K$300K
Change in value
Past 12 months
13.1%14.0%
Sold
Past 3 months
3514
Median days on market
Past 12 months
2929
Average rent
Past 12 months
$470$350
Change in rent
Past 12 months
9.3%6.1%

5 year median price trend for houses and units

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South Gladstone demographics

South Gladstone, located in Queensland, is a suburb that offers a blend of family-friendly living and a laid-back lifestyle. With a population of 3,476, it provides a close-knit community feel while still being part of the larger Gladstone region. The median age of 39 suggests a mature community, with a mix of families and long-term residents who appreciate the suburb's balance of convenience and tranquility.

The suburb's housing landscape is diverse, with nearly half of the properties being rented, indicating a flexible living arrangement that appeals to both transient workers and those seeking temporary accommodation. Meanwhile, 22.4% of homes are owned outright, and 28.2% are owned with a mortgage, reflecting a stable base of homeowners who have invested in the area. This mix of ownership and rental options makes South Gladstone an attractive choice for a variety of residents.

Family dynamics in South Gladstone are varied, with 38.1% of households being couple families with children and 37.6% being couples without children. One-parent families make up 23.1% of the community, highlighting the suburb's inclusivity and support for diverse family structures. The median total household income of $1,283 per week aligns with the area's affordable living standards, making it a practical choice for families and individuals alike. South Gladstone's community-oriented atmosphere, combined with its accessibility to local amenities and employment opportunities, makes it a desirable place to call home.

South Gladstone infrastructure, key developments and investment opportunities

South Gladstone currently has limited major infrastructure developments publicly announced that would significantly impact its property market in the near term. The suburb benefits from its established proximity to Gladstone CBD, located just 3 kilometers away, and access to local amenities including South Gladstone Primary School and nearby Toolooa High School. The area's connection to the Port of Gladstone, Queensland's largest multi-commodity shipping port, continues to support employment opportunities and economic activity in the broader region.

The suburb's property market remains influenced by its mixed housing stock, combining older homes with some modern townhouse developments, particularly along Ann Street. Properties situated on elevated areas offer water views, which may command premium pricing. At this time, there are no significant transport upgrades, major retail redevelopments, or council planning changes specific to South Gladstone that would materially alter property demand or values in the immediate future.

South Gladstone rental market trends

The rental market in South Gladstone has experienced moderate growth, with house rents increasing by 9.3% over the past year to $470 per week, while unit rents have risen by 6.1% to $350 per week. This steady growth reflects the suburb's appeal, offering affordable living options and potential for future investment in a developing region.

Suburbs near South Gladstone

Some popular suburbs near South Gladstone include:

How does South Gladstone compare to nearby suburbs?

  • Median house prices: South Gladstone’s median house price is 12.0% lower than New Auckland’s.
  • House price growth: Property prices in nearby New Auckland have risen 3.9% more than in South Gladstone over the past year.
  • Unit price growth: Over the past 12 months, unit prices in South Gladstone have grown 2.2% higher than in New Auckland.
  • Selling speed for houses: Properties in South Gladstone are selling 19.4% faster than in Zilzie.
  • Selling speed for units: Properties in nearby New Auckland are selling 24.1% faster than in South Gladstone.

Common questions about South Gladstone

  • Is South Gladstone a nice place to live?

    South Gladstone is a delightful suburb that offers a charming blend of family-friendly living and a relaxed coastal lifestyle. Nestled just a short distance from the bustling Gladstone CBD, it provides residents with the perfect balance of urban convenience and natural beauty. The suburb's proximity to the Gladstone Marina and the Southern Great Barrier Reef makes it an appealing choice for those who enjoy outdoor activities and coastal adventures. With a strong community spirit, South Gladstone is known for its welcoming atmosphere, making it an ideal place for families and professionals alike.

    Living in South Gladstone means having easy access to a range of amenities, including shopping centers, schools, and recreational facilities. The suburb's diverse housing options, from traditional Queenslander homes to modern developments, cater to a variety of lifestyles and preferences. Safety is generally not a major concern, contributing to the suburb's appeal for families seeking a secure environment to raise their children. The community-oriented vibe is further enhanced by the presence of local schools, which provide quality education and foster a sense of belonging among residents.

    While South Gladstone offers many advantages, there are some trade-offs to consider. The suburb's industrial backdrop may not appeal to everyone, and the lack of significant transport upgrades or major retail developments could be a drawback for those seeking rapid growth or change. However, for those who appreciate a stable and established community with a laid-back lifestyle, South Gladstone is a wonderful place to call home. Its blend of convenience, natural beauty, and community spirit makes it a unique and desirable suburb for a wide range of residents.

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  • Is it expensive to live in South Gladstone?

    Living in South Gladstone is relatively affordable compared to many other parts of Queensland. The median house price is currently $455,000, and for units, it's $285,000. These prices are quite reasonable, especially when you consider that the average house price in many areas of Queensland can be significantly higher. Renting is also affordable here, with houses averaging $450 per week and units around $380 per week.

    The average wage in South Gladstone is approximately $67,000 per year, which aligns well with the local cost of living. When you look at the median weekly household income of $1,283, it suggests that housing costs, whether buying or renting, are within reach for many residents. This makes South Gladstone a financially accessible place to live, especially for those earning the average wage in the area.

    Overall, if you are thinking of living in South Gladstone, you will find that it offers a good balance of affordability and lifestyle. With reasonable property prices and rental costs, it is a suburb where you can enjoy a comfortable lifestyle without the financial strain that often comes with living in more expensive areas.

    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 South Gladstone a good place to invest?

    South Gladstone is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced a significant increase in property values, with median house values rising by 24.0% and unit values surging by 33.5%. This upward trend indicates a strong demand for properties in the area, suggesting that South Gladstone is becoming increasingly attractive to both buyers and investors.

    In addition to the impressive capital growth, rental returns in South Gladstone have also seen notable increases. House rents have climbed by 9.8%, while unit rents have jumped by 18.8% over the past year. This growth in rental income is a positive sign for investors seeking reliable returns, as it reflects a robust rental market with strong tenant demand.

    Overall, South Gladstone presents a compelling case for investment, with its combination of rising property values and increasing rental yields. The suburb's recent performance suggests it could offer both capital appreciation and steady rental income, making it an appealing choice for those looking to invest in the real estate market.

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Choose the right real estate agents in South Gladstone

Choosing the right real estate agent in South Gladstone can have a big impact on your sale. While there are 59 real estate agents working in the suburb, but just 5 of them were responsible for 26.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.42% to 3.25%, 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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