TALKING TELINA

By January 28, 2021Buying Tips

Telina is a well-established suburb and is considered one of Gladstone’s most sought after suburbs in our current market. Demand for properties in Telina has skyrocketed recently and there are no signs of this slowing down anytime soon. This is due to many determining factors such as convenience for residents who enjoy being located between both the Kirkwood Shopping Centre and Sun Valley Shopping Centre. Primary school catchment areas are another important priority for families and with Telina being within the Kin Kora Primary School catchment zoning there is an influx of young families seeking the area.

Established couples & families currently make up 28.1% of residents in Telina with Older Couples & Families being 27.7% and Maturing Couples & Families sitting at 15.9%. These statistics show just how much of a family-friendly suburb Telina is and if your looking for a family-friendly then look no further.

3 Reasons you should consider Telina as your suburb of choice

  1. Established family-friendly area
  2. Kin Kora Primary School catchment area
  3. Sun Valley Shopping Centre & Kirkwood Shopping Centre only minutes away

Locals to the area also enjoy the variety of shopping and services including Kirkwood Woolworths, Sun Valley IGA and Stockland Kin Kora as well as sporting facilities such as the Glen Cricket Club, Gladstone Golf Club and Gladstone BMX. Toondoon Botanic Gardens borders the back of Telina and the remaining state forest area. It is home to 83 hectares of flora and fauna as well as a local café and trial walks which are perfect for families within the area.

PRICING TRENDS

In 2020 the Gladstone market saw an increase of nearly 10% which was an excellent result in our market and this is due to many determining factors such as rental increases due to the tight vacancy rate, record low-interest rates, affordability, shortage of stock and people relocating from the cities to regional towns like ours.

The total median house price in Telina is currently $269,000 (Dec 17th 2020) with the median price for a four-bedroom home being $340,000 and three-bedroom homes seeing a median house price of $255,000.

RENTALS

While we note that increasing sales market in 4680 there is no doubt that our rental market has eclipsed this with vacancy rates being as low as 1% this has seen landlords being able to increase their rent for the first time in several years. Telina’s strong rental returns are evident from the below statistics shown and is another good reason that investment opportunities in the area should be highly sought after by local and out of town investors.

Rentals are also extremely sought after in the area with the average price for a 3 bedroom home sitting at $225/week and $380/week for a 4 bedroom home with the overall median rentals being $320/week.

We can provide clients with suburb profile reports tailored to their property and suburb. Email Michael [email protected] for further information or call on 0405 954 034.

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