Suburb Profile Report for Gymea NSW (2227)

Gymea House: Median price $1,270,000, Annual capital growth 9.02%, Number of sales 61, Weekly median advertised rent $643

Gymea Unit: Median price $787,500, Annual capital growth 7.60%, Number of sales 145, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Gymea, 2227 have given investors a capital gain of 6.72%. This compares badly with the 11.06% for NSW as a whole.

Gymea,2227 has offered an average of 6.72% return per annum in house price rises to property investors over the last three years.

A $642.5 per week rent on the median house gives suburb investors a gross yield of circa 2.63%, without taking into account capital value appreciation, which has been averaging out at 9.02%.

Over the last year, property investments in Gymea, 2227 have given investors a capital gain of 14.13%. This compares favourably with the 8.63% for NSW as a whole.

If we look at median property appreciation over just the last three months, Gymea has given property investors a paper return of 2.81%. This puts Suburb as 186 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Gymea should be aiming for at least -2.73% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 21.40km from the CBD, Gymea is one of Sutherland Shire localities in the postcode 2227.

Information supplied by:


May 2017

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While it is primarily a residential suburb, over recent years, Gymea’s shopping and dining hub has grown in popularity. This district includes the Gymea Shopping Village, as well as many boutiques, gourmet food stores, restaurants and cafes that define the suburb’s strong café culture.Full summary

The southern Sydney suburb of Gymea is known for cultivating gymea lilies, which have been adopted as the town symbol.

While it is primarily a residential suburb, over recent years, Gymea’s shopping and dining hub has grown in popularity. This district includes the Gymea Shopping Village, as well as many boutiques, gourmet food stores, restaurants and cafes that define the suburb’s strong café culture. There are various educational institutions, including a Sydney Institute TAFE campus, which may draw students. Local buses provide transport for schools as well.

The establishment of Gymea Railway Station adds significantly to Gymea’s accessibility, boosting its popularity. This is evident in the suburb’s growth over the past five years.

Close
Metrics i HOUSE UNIT
$1,270,000 $787,500
3.67% 2.81%
6.72% 14.13%
9.02% 7.60%
$643 $500
61 145
2.63% 3.30%
37.73 37.73

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Gymea NSW
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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