Suburb Profile Report for Gymea Bay NSW (2227)

Gymea Bay House: Median price $1,456,000, Annual capital growth 8.32%, Number of sales 98, Weekly median advertised rent $780

Gymea Bay Unit: Median price $1,152,500, Annual capital growth 7.94%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.67% which means that Gymea Bay, 2227 has done well for property investors by showing a capital gain of 12.17% over the last year

If we look at median property appreciation over just the last three months, Gymea Bay has given property investors a paper return of 0.03%. This puts Suburb as 1021 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Gymea Bay should be aiming for at least -3.48% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 98 properties changed hands in Gymea Bay, which puts it as the 297th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $780 mark per week – giving a return of 2.79% based on the median price in Suburb

Gymea Bay, 2227 ranked 51th in NSW when comparing growth in median property values or capital gain over the last 12 months. Gymea Bay is one of 3163 in our list for NSW

When looking at the potential capital gains offered to property investors over the last 3 years, Gymea Bay comes in at number 94th in NSW.

Metrics i HOUSE UNIT
$1,456,000 $1,152,500
0.03% 4.30%
12.17% 23.59%
8.32% 7.94%
$780 N/A
98 10
2.79% N/A
44.23 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 6873
Median household income ($/weekly) 2204
Median age of persons 39
Median housing loan repayment ($/monthly) 2700
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1107 16.1
    35-44 years 1062 15.5
    45-54 years 1060 15.4
    55-64 years 829 12.1
    65-74 years 522 7.6
    Others 2293 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 3159 63.2
    Not Married 1610 32.2
    Defacto Relationship 233 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5839 87.0
    Japan 30 0.4
    Papua New Guinea 75 1.1
    United Kingdom 349 5.2
    Other 112 1.7
    Others 304 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.6
    Christianity 5275 81.4
    Hinduism 15 0.2
    Islam 11 0.2
    No Religion 1113 17.2
    Others 22 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 190 9.8
    $2,000-$2,499 226 11.7
    $2,500-$2,999 293 15.2
    $3,000-$3,499 223 11.5
    $4,000 or more 206 10.7
    Others 795 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2150 41.6
    Not in the labour force 1519 29.4
    Employed, worked part-time 1171 22.7
    Employed, away from work 213 4.1
    Unemployed, looking for work 112 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 607 17.2
    Professionals 834 23.6
    Technicians & trades workers 477 13.5
    Clerical & administrative workers 676 19.1
    Sales 344 9.7
    Others 597 16.9
    Occupation
    Census Count Percent(%)
    Pre-school 184 9.4
    Infants/Primary 750 38.3
    Secondary 571 29.2
    Technical or Further Educational Institution 135 6.9
    University or other Tertiary Institutions 291 14.9
    Others 27 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6245 94.2
    Semi-detached, row or terrace house, townhouse 349 5.3
    Flat, unit or apartment 32 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 988 46.0
    Fully owned 978 45.5
    Rented 174 8.1
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals