Suburb Profile Report for Gymea Bay NSW (2227)

Gymea Bay House: Median price $1,450,000, Annual capital growth 8.04%, Number of sales 92, Weekly median advertised rent $810

Gymea Bay Unit: Median price $1,150,000, Annual capital growth 7.88%, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Gymea Bay, 2227 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.81%.

Gymea Bay,2227 has offered an average of 7.81% return per annum in house price rises to property investors over the last three years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.40% offered to property buyers. Sellers in Gymea Bay itself are offering an average vendor discount of -8.28% to real estate investors.

On average over the past year, suburb has had 7.67 sales per month, which equates to 92 per year.

Advertised rents are around the $810 mark per week – giving a return of 2.90% based on the median price in Suburb

At number 223th in the list of Australian suburbs ordered by increase in median house value over the last year, Gymea Bay, 2227 is in the top 20% with a property value increase of 17.95% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Gymea Bay comes in at number 127th in NSW.

Metrics i HOUSE UNIT
$1,450,000 $1,150,000
-0.55% N/A
7.81% 17.95%
8.04% 7.88%
$810 N/A
92 15
2.90% N/A
48.63 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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