Gladstone Regional CouncilEconomic profile
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Gladstone Regional Council area

Rental listings

At June 2018, Gladstone Regional Council area had a median house rental of $250, $145 lower than the median house rental for Queensland.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2014-2018, Automated Valuation System

Rental listings
Gladstone Regional Council area20182014Change
Housing value (at June)Gladstone Regional Council areaQueenslandGladstone Regional Council area relative to QueenslandGladstone Regional Council areaQueenslandGladstone Regional Council area relative to Queensland2014 to 2018
House--------------
First Quartile$210$320-34.4%$300$315-4.8%-$90
Median$250$395-36.7%$360$380-5.3%-$110
Third Quartile$300$480-37.5%$430$450-4.4%-$130
Median Rental Yield4.7%4.9%--4.6%5.1%----
Unit--------------
First Quartile$160$290-44.8%$230$275-16.4%-$70
Median$200$360-44.4%$280$340-17.6%-$80
Third Quartile$230$430-46.5%$350$400-12.5%-$120
Median Rental Yield6.5%5.6%--5.1%5.6%----

Source: Hometrack 2014-2018, Automated Valuation System.

Rental listings, 2018
Rental listings, 2018 Third Quartile, Queensland: $430 Median, Queensland: $360 First Quartile, Queensland: $290 Third Quartile, Queensland: $480 Median, Queensland: $395 First Quartile, Queensland: $320 Third Quartile, Gladstone Regional Council area: $230 Median, Gladstone Regional Council area: $200 First Quartile, Gladstone Regional Council area: $160 Third Quartile, Gladstone Regional Council area: $300 Median, Gladstone Regional Council area: $250 First Quartile, Gladstone Regional Council area: $210
Source: Hometrack 2014-2018, Automated Valuation System
Change in rental listings, 2014 to 2018
Change in rental listings, 2014 to 2018 Third Quartile, Queensland: $30 Median, Queensland: $20 First Quartile, Queensland: $15 Third Quartile, Queensland: $30 Median, Queensland: $15 First Quartile, Queensland: $5 Third Quartile, Gladstone Regional Council area: $-120 Median, Gladstone Regional Council area: $-80 First Quartile, Gladstone Regional Council area: $-70 Third Quartile, Gladstone Regional Council area: $-130 Median, Gladstone Regional Council area: $-110 First Quartile, Gladstone Regional Council area: $-90
Source: Hometrack 2014-2018, Automated Valuation System

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