Real Estate Gladstone Queensland
As a booming industrial region and the site for pioneering of the natural energy source LNG Pipeline, Gladstone
is sure to be Australia’s next hotspot for property investment. With such strong economic prosperity and population
growth there is an inevitable pressure for accommodation supply. The population is expected to grow in the
Gladstone region to more than double in the next two decades. With the ongoing need for real estate and the
expected growth in population, property investors should take advantage of this prime location. Gladstone has
plenty to offer residents with a thriving economy; easy access to coast, harbour and city life and national parks-
there’s plenty to rave about.
Gladstone real estate market is currently being driven by the Liquefied Natural Gas (LNG) industry which will
quickly become a competitor to the Western Australian mining industry. This will put Gladstone, Australia onto the
global platform for energy exportation. This project is backed by environmental authorities worldwide aiming to
reduce greenhouse gas emissions and improve air quality.
Fortunately the industrial boom has not had too much influence on property and rental prices which still remain
reasonably low compared to other resource manufacturing cities. Gladstone’s current average housing price is just
AUD390, 000 which is markedly less than Brisbane’s average of AUD451, 000. Once projects commence the prices are
likely to be influenced as there is a populace influx.
Investment opportunities have plenty of potential as the demand for rental accommodation will increase as
employment opportunities draw outsiders to the Gladstone region. Average rental income for houses and units remain
low but has potential for growth. In Gladstone at present, the average 3 bedroom house rents at just AUD285 per
week or AUD230 for a 2 bedroom unit.
Pressure for rental accommodation is expected to increase due to the rise in population and labour force to the
Gladstone region. Gladstone is a well developed city with modern transport facilities for air, rail and roads. It
is likely that as the resource projects get underway, long lease rental properties will be available for purchase
similar to other mining towns. A rental property could expect up to ten years guaranteed hassle-free leasing
income. Promising locations include Gladstone city which has many new residential developments currently being
planned, Agnes Water with ample vacant blocks available and Tannum Sands which has a nearby hospital and tertiary
educational facilities. Miriam Vale is also a good location prospect for investors due to various new residential
Gladstone, Queensland has plenty of potential for property investors due to the current and predicted economic