Suburb Profile Report for Gulmarrad NSW (2463)

Gulmarrad House: Median price $520,000, Annual capital growth 2.09%, Number of sales 39, Weekly median advertised rent $470

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

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

  • House Report

Gulmarrad is in the TOP 30% in NSW when comparing median price capital growth over the last year. Gulmarrad gave property investors a good capital gain figure when compared to the rest of the state, with 5.16%.

While Gulmarrad,2463 ranked number 282th in NSW for increase in median house value (annualised) increase, it is ranked 999th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Gulmarrad is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 782th in terms of most discounted suburbs in NSW

Metrics i HOUSE UNIT
$520,000 N/A
4.00% N/A
5.16% N/A
2.09% N/A
$470 N/A
39 N/A
4.70% N/A
99.21875 N/A

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1643
Median household income ($/weekly) 978
Median age of persons 44
Median housing loan repayment ($/monthly) 1430
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 282 17.2
    35-44 years 231 14.1
    45-54 years 253 15.4
    55-64 years 300 18.2
    65-74 years 211 12.8
    Others 367 22.3
    Age Group
    Census Count Percent(%)
    Registered Married 798 67.4
    Not Married 277 23.4
    Defacto Relationship 109 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1424 90.3
    New Zealand 11 0.7
    Papua New Guinea 16 1.0
    United Kingdom 77 4.9
    Other 17 1.1
    Others 32 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1219 79.9
    No Religion 296 19.4
    Buddhism 11 0.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 86 16.9
    $600-$799 70 13.7
    $800-$999 57 11.2
    $1,000-$1,249 63 12.4
    $1,250-$1,499 54 10.6
    Others 180 35.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 569 45.4
    Employed, worked full-time 343 27.4
    Employed, worked part-time 253 20.2
    Employed, away from work 46 3.7
    Unemployed, looking for work 43 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 79 12.3
    Professionals 89 13.9
    Technicians & trades workers 110 17.1
    Clerical & administrative workers 78 12.1
    Labourers 86 13.4
    Others 200 31.2
    Occupation
    Census Count Percent(%)
    Pre-school 22 5.6
    Infants/Primary 168 42.5
    Secondary 137 34.7
    Technical or Further Educational Institution 40 10.1
    University or other Tertiary Institutions 19 4.8
    Others 9 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1526 99.4
    Semi-detached, row or terrace house, townhouse 3 0.2
    Flat, unit or apartment 3 0.2
    Improvised home, tent, sleepers out 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 298 52.7
    Being purchased 224 39.6
    Rented 41 7.2
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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