Suburb Profile Report for Gwynneville NSW (2500)

Gwynneville House: Median price $753,000, Annual capital growth 7.37%, Number of sales 23, Weekly median advertised rent $468

Gwynneville Unit: Median price $405,000, Annual capital growth 7.53%, Number of sales 21, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Gwynneville is in the TOP 10% in NSW when comparing median price capital growth over the last year. Gwynneville gave property investors a very good capital gain figure when compared to the rest of the state, with 18.58%.

If we look at median property appreciation over just the last three months, Gwynneville has given property investors a paper return of 10.74%. This puts Suburb as 84 on a list of fastest fasting appreciating suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Gwynneville itself are offering an average vendor discount of -1.83% to real estate investors.

Residents and property investors in Gwynneville have been waiting around 29.1 days to sell a property.

Using the current median advertised rental of $467.5 and the average annual increase in value of a median property of 7.37%, investors should hope to achieve an overall return of 3.23%

Investment property in Gwynneville has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.58%

The five-year average increase in median property values for Gwynneville,2500 has given property investors a potential capital gain of 12.50% across each of those five years.

Our latest figures would indicate that property sellers in Gwynneville are currently offering property investors an average price cut of -6.45% below the asking price at the moment.

With the median price for a house in Gwynneville being $405000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.49%

HOUSE UNIT
$753,000 $405,000
10.74% 6.58%
18.58% 6.58%
7.37% 7.53%
$468 $350
23 21
3.23% 4.49%
29.1 71.92

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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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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