Suburb Profile Report for Gymea Bay NSW (2227)

Gymea Bay House: Median price $1,270,000, Annual capital growth 7.17%, Number of sales 70, Weekly median advertised rent $720

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Gymea Bay, 2227 have given investors a capital gain of 5.39%. This compares badly with the 7.93% for NSW as a whole.

The five-year average increase in median property values for Gymea Bay,2227 has given property investors a potential capital gain of 44.73% across each of those five years.

Property investors looking for a bargain in Gymea Bay should be aiming for at least -3.87% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $720 mark per week – giving a return of 2.95% based on the median price in Suburb

HOUSE UNIT
$1,270,000 N/A
-0.59% N/A
5.39% N/A
7.17% N/A
$720 N/A
70 N/A
2.95% N/A
55.17 N/A

Source: CoreLogic

DSR Score for property investment : Excellent (U), Very good (H)
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Demographics
Total population 6873
Median household income ($/weekly) 2204
Median age of persons 39
Median housing loan repayment ($/monthly) 2700
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1107 16.1
    35-44 years 1062 15.5
    45-54 years 1060 15.4
    55-64 years 829 12.1
    65-74 years 522 7.6
    Others 2293 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 3159 63.2
    Not Married 1610 32.2
    Defacto Relationship 233 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5839 87.0
    Japan 30 0.4
    Papua New Guinea 75 1.1
    United Kingdom 349 5.2
    Other 112 1.7
    Others 304 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.6
    Christianity 5275 81.4
    Hinduism 15 0.2
    Islam 11 0.2
    No Religion 1113 17.2
    Others 22 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 190 9.8
    $2,000-$2,499 226 11.7
    $2,500-$2,999 293 15.2
    $3,000-$3,499 223 11.5
    $4,000 or more 206 10.7
    Others 795 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2150 41.6
    Not in the labour force 1519 29.4
    Employed, worked part-time 1171 22.7
    Employed, away from work 213 4.1
    Unemployed, looking for work 112 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 607 17.2
    Professionals 834 23.6
    Technicians & trades workers 477 13.5
    Clerical & administrative workers 676 19.1
    Sales 344 9.7
    Others 597 16.9
    Occupation
    Census Count Percent(%)
    Pre-school 184 9.4
    Infants/Primary 750 38.3
    Secondary 571 29.2
    Technical or Further Educational Institution 135 6.9
    University or other Tertiary Institutions 291 14.9
    Others 27 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6245 94.2
    Semi-detached, row or terrace house, townhouse 349 5.3
    Flat, unit or apartment 32 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 988 46.0
    Fully owned 978 45.5
    Rented 174 8.1
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals