Suburb Profile Report for Gwynneville NSW (2500)

Gwynneville House: Median price $750,000, Annual capital growth 7.07%, Number of sales 21, Weekly median advertised rent $450

Gwynneville Unit: Median price $392,000, Annual capital growth 7.88%, Number of sales 25, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Gwynneville have tracked higher than the NSW average of 6.38% over the last 12 months.

Taking the average capital gain, or increase in median house value, Gwynneville,2500 has racked up an average of 13.64% over the period. This ranks it number 724th in the whole country for real estate investors looking at median house price increases.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.12%, without taking into account capital value appreciation, which has been averaging out at 7.07%.

Giving property investors a a poor capital gain of -12.89% for the last year, Gwynneville, 2500 is the 1626th highest performer in Australia in this respect.

Gwynneville,2500 was ranked 391 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Gwynneville are currently offering property investors an average price cut of -5.97% below the asking price at the moment.

Advertised rents are around the $350 mark per week – giving a return of 4.64% based on the median price in Suburb

HOUSE UNIT
$750,000 $392,000
10.29% 3.16%
13.64% -12.89%
7.07% 7.88%
$450 $350
21 25
3.12% 4.64%
N/A 62.27

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2837
Median household income ($/weekly) 789
Median age of persons 29
Median housing loan repayment ($/monthly) 1855
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 271 9.6
    20-24 years 468 16.5
    25-34 years 541 19.1
    35-44 years 348 12.3
    45-54 years 262 9.2
    Others 946 33.4
    Age Group
    Census Count Percent(%)
    Not Married 1185 55.0
    Registered Married 804 37.3
    Defacto Relationship 165 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1606 59.7
    Croatia 256 9.5
    Iraq 100 3.7
    United Kingdom 78 2.9
    Other 208 7.7
    Others 442 16.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 119 4.6
    Christianity 1456 55.8
    Hinduism 22 0.8
    Islam 283 10.9
    No Religion 710 27.2
    Others 17 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 8.3
    $400-$599 165 16.6
    $600-$799 94 9.5
    $800-$999 85 8.6
    $1,500-$1,999 95 9.6
    Others 470 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1094 47.6
    Employed, worked full-time 542 23.6
    Employed, worked part-time 434 18.9
    Unemployed, looking for work 162 7.1
    Employed, away from work 65 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 300 28.7
    Technicians & trades workers 123 11.8
    Community & personal service workers 140 13.4
    Clerical & administrative workers 129 12.3
    Sales 109 10.4
    Others 244 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 50 4.2
    Infants/Primary 193 16.3
    Secondary 118 10.0
    Technical or Further Educational Institution 71 6.0
    University or other Tertiary Institutions 737 62.2
    Others 15 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1602 61.0
    Flat, unit or apartment 752 28.6
    Semi-detached, row or terrace house, townhouse 262 10.0
    House or flat attached to a shop, office 9 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 540 51.0
    Fully owned 301 28.4
    Being purchased 206 19.5
    Other tenure type 12 1.1
    Tenure Type
Census 2011, ABS
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