Suburb Profile Report for Gulgong NSW (2852)

Gulgong House: Median price $283,500, Annual capital growth 3.36%, Number of sales 46, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 7.15% which means that Gulgong, 2852 has done well for property investors by showing a capital gain of 14.31% over the last year

While Gulgong,2852 ranked number 1311th in NSW for increase in median house value (annualised) increase, it is ranked 896th over the last 5 years.

At number 603th of NSW’s most discounted properties, Gulgong is in the middle of the state/territory when listing in order of most discounted to least.

At number 3361 in a list of fastest selling suburbs, Gulgong is in the bottom 20% of suburbs in Australia with an average of days on market 130.4 for properties listed there.

A $295 per week rent on the median house gives suburb investors a gross yield of circa 5.41%, without taking into account capital value appreciation, which has been averaging out at 3.36%.

HOUSE UNIT
$283,500 N/A
-7.05% N/A
14.31% N/A
3.36% N/A
$295 N/A
46 N/A
5.41% N/A
130.4 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 2382
Median household income ($/weekly) 902
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 339 14.2
    25-34 years 253 10.6
    35-44 years 287 12.0
    45-54 years 292 12.3
    55-64 years 330 13.8
    Others 882 37.0
    Age Group
    Census Count Percent(%)
    Registered Married 823 49.1
    Not Married 667 39.8
    Defacto Relationship 187 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2078 92.6
    Papua New Guinea 18 0.8
    Philippines 13 0.6
    United Kingdom 67 3.0
    Other 11 0.5
    Others 56 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.6
    Christianity 1815 83.4
    Hinduism 8 0.4
    Islam 3 0.1
    No Religion 335 15.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 100 12.7
    $400-$599 115 14.6
    $600-$799 74 9.4
    $800-$999 78 9.9
    $1,500-$1,999 82 10.4
    Others 336 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 723 41.2
    Employed, worked full-time 584 33.3
    Employed, worked part-time 312 17.8
    Employed, away from work 69 3.9
    Unemployed, looking for work 67 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 95 9.8
    Professionals 97 10.1
    Technicians & trades workers 177 18.3
    Machinery operators & drivers 165 17.1
    Labourers 141 14.6
    Others 290 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 60 11.9
    Infants/Primary 200 39.8
    Secondary 152 30.2
    Technical or Further Educational Institution 59 11.7
    University or other Tertiary Institutions 26 5.2
    Others 6 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2109 96.1
    Flat, unit or apartment 61 2.8
    Caravan, cabin, houseboat 15 0.7
    House or flat attached to a shop, office 5 0.2
    Semi-detached, row or terrace house, townhouse 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 356 40.5
    Being purchased 263 30.0
    Rented 259 29.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals