With a capital gain of -2.00% for the last 12 months, Gulmarrad, 2463 has performed for property investments than its average annual 1.76% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Gulmarrad has given property investors a paper return of -1.51%. This puts Suburb as 781 on a list of fastest fasting appreciating suburbs in NSW
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Gulmarrad itself are offering an average vendor discount of -3.37% to real estate investors.
At number 2076 in a list of fastest selling suburbs, Gulmarrad is just in the bottom half of suburbs in Australia with an average of days on market 82.4483 for properties listed there.
With the median price for a house in Gulmarrad being $490000 and the advertised rent reaching $467.5 the gross rental yield for property investors calculates out to be 4.96%