AREA REPORTS

Gymea

NSW/
Gymea

Suburb Profile

Gymea - FREE 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 $1,270,000.

The upward trend in home prices in GYMEA, 2227 averaged 10.88% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 2.66% increase in returns based on the current median price in GYMEA.

An average of 5.58 real estate transactions take place per month in GYMEA which translates to 67 per annum.

67 properties were sold in GYMEA in 2016, making it the 24th most active market in NSW based on total real estate transactions.

GYMEA, 2227 places 785th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,270,000 $768,000
GROWTH REPORT
Median Quarterly -0.86% -3.09%
Median 12 month 1.02% -4.15%
Median 3 years 32.64% 11.79%
Median 5 years 66.84% 58.35%
10 years average annual 8.54% 7.22%
Weekly media advert. rent $650 $507.5
Time on Market 54.6 days 49.4 days
Gross Rental Yield Percent 2.66% 3.44%
demographics (median values)
Total Population
6801
Weekly Household Income
1151
Household Size
2.40
demographics
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