Powered by MOMENTUM MEDIA
smart property investment logo
Gymea
AREA REPORTS

Gymea

Gymea - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2227

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,620,000.

The upward trend in home prices in GYMEA, 2227 averaged 15.05% per annum over a 3-year period.

Average weekly rents on listings have reached the $750 mark, reflecting a 2.41% increase in returns based on the current median price in GYMEA.

An average of 6.75 real estate transactions take place per month in GYMEA which translates to 81 per annum.

81 properties were sold in GYMEA in 2016, making it the 45th most active market in NSW based on total real estate transactions.

GYMEA, 2227 places 295th in Australia based on median property value growth during the quarter.

Data report can be found below

Gymea
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,620,000 $823,750
GROWTH REPORT
Median Quarterly 9.83% -3.57%
Median 12 month 28.16% 4.14%
Median 3 years 45.16% 2.49%
Median 5 years 36.13% 10.57%
10 years average annual 9.45% 5.7%
Weekly media advert. rent $750 $570
Time on Market 19.5 days 49.1 days
Gross Rental Yield Percent 2.41% 3.6%
demographics (median values)*
Total Population
14626
Weekly Household Income
2051
Household Size
2.70
Age
40
Monthly Loan Repayment
2574
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.