Suburb Profile Report for Gulmarrad NSW (2463)

Gulmarrad House: Median price $490,000, Annual capital growth 1.76%, Number of sales 33, Weekly median advertised rent $468

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

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%

Metrics i HOUSE UNIT
$490,000 N/A
-1.51% N/A
-2.00% N/A
1.76% N/A
$468 N/A
33 N/A
4.96% N/A
82.448275862069 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Gulmarrad NSW
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
Chart Table