Suburb Profile Report for Gymea NSW (2227)

Gymea House: Median price $1,190,000, Annual capital growth 8.71%, Number of sales 58, Weekly median advertised rent $650

Gymea Unit: Median price $690,000, Annual capital growth 5.64%, Number of sales 118, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Gymea has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.81%

A 74.61% growth in median value for property investors in Gymea,2227 puts this suburb at number 205th in terms of best performing suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Gymea is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 1020th in terms of most discounted suburbs in NSW

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 8.71%, investors should hope to achieve an overall return of 2.84%

Gymea, 2227 ranked 454th in NSW when comparing growth in median property values or capital gain over the last 12 months. Gymea is one of 3162 in our list for NSW

Taking the average capital gain, or increase in median house value, Gymea,2227 has racked up an average of -0.04% over the period. This ranks it number 167th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Gymea is offering property investors an average of -4.46. This rate of discount on properties puts Suburb at number 377th in terms of most discounted suburbs in NSW

A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.62%, without taking into account capital value appreciation, which has been averaging out at 5.64%.

HOUSE UNIT
$1,190,000 $690,000
5.31% -0.14%
20.81% -0.04%
8.71% 5.64%
$650 $480
58 118
2.84% 3.62%
68.41 36.33

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 7174
Median household income ($/weekly) 1453
Median age of persons 38
Median housing loan repayment ($/monthly) 2492
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 754 10.5
    25-34 years 1109 15.5
    35-44 years 1152 16.1
    45-54 years 886 12.4
    55-64 years 785 10.9
    Others 2488 34.7
    Age Group
    Census Count Percent(%)
    Registered Married 2737 48.9
    Not Married 2332 41.7
    Defacto Relationship 525 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5643 81.7
    Croatia 71 1.0
    Papua New Guinea 145 2.1
    United Kingdom 295 4.3
    Other 181 2.6
    Others 571 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 122 1.8
    Christianity 5230 77.6
    Hinduism 30 0.4
    Islam 61 0.9
    No Religion 1258 18.7
    Others 35 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 226 8.6
    $1,000-$1,249 224 8.5
    $1,500-$1,999 349 13.2
    $2,000-$2,499 269 10.2
    $2,500-$2,999 290 11.0
    Others 1281 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2526 44.2
    Not in the labour force 1791 31.3
    Employed, worked part-time 1054 18.4
    Employed, away from work 207 3.6
    Unemployed, looking for work 138 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 510 13.5
    Professionals 860 22.7
    Technicians & trades workers 538 14.2
    Community & personal service workers 370 9.8
    Clerical & administrative workers 698 18.4
    Others 808 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 149 9.8
    Infants/Primary 504 33.0
    Secondary 365 23.9
    Technical or Further Educational Institution 176 11.5
    University or other Tertiary Institutions 287 18.8
    Others 45 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4053 58.5
    Flat, unit or apartment 1435 20.7
    Semi-detached, row or terrace house, townhouse 1386 20.0
    House or flat attached to a shop, office 52 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1013 35.8
    Being purchased 998 35.2
    Rented 812 28.7
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
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