Suburb Profile Report for Gwandalan NSW (2259)

Gwandalan House: Median price $464,000, Annual capital growth 5.02%, Number of sales 67, Weekly median advertised rent $400

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

NSW has seen average median house prices change by 1.14% which means that Gwandalan, 2259 has done well for property investors by showing a capital gain of -7.66% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Gwandalan comes in at number 831th in NSW.

Sellers are offering property buyers an average discount of -5.82% to buyers in Gwandalan at the moment, which is less than average for the rest of NSW.

In the last year 67 properties changed hands in Gwandalan, which puts it as the 430th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 4.48%

Metrics i HOUSE UNIT
$464,000 N/A
-3.33% N/A
-7.66% N/A
5.02% N/A
$400 N/A
67 N/A
4.48% N/A
73.2115384615385 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3034
Median household income ($/weekly) 954
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 425 14.0
    35-44 years 429 14.1
    45-54 years 425 14.0
    55-64 years 397 13.1
    65-74 years 347 11.4
    Others 1010 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 1139 51.1
    Not Married 845 37.9
    Defacto Relationship 247 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2597 89.0
    Netherlands 17 0.6
    Papua New Guinea 54 1.9
    United Kingdom 107 3.7
    Other 39 1.3
    Others 104 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 2247 79.0
    No Religion 550 19.3
    Other Religious Groups 25 0.9
    Buddhism 23 0.8
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 94 9.2
    $400-$599 151 14.7
    $600-$799 129 12.6
    $1,000-$1,249 99 9.6
    $1,500-$1,999 114 11.1
    Others 439 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1056 45.3
    Employed, worked full-time 733 31.5
    Employed, worked part-time 371 15.9
    Unemployed, looking for work 91 3.9
    Employed, away from work 78 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 141 12.0
    Technicians & trades workers 210 17.8
    Community & personal service workers 162 13.7
    Clerical & administrative workers 163 13.8
    Labourers 144 12.2
    Others 359 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 61 8.9
    Infants/Primary 267 39.1
    Secondary 217 31.8
    Technical or Further Educational Institution 54 7.9
    University or other Tertiary Institutions 65 9.5
    Others 18 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2829 98.0
    Semi-detached, row or terrace house, townhouse 39 1.4
    Flat, unit or apartment 20 0.7
    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 454 40.3
    Fully owned 416 36.9
    Rented 249 22.1
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
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