Gunnedah

POSTAL CODE: NSW, 2380

HOUSE

UNIT

Property investors enjoyed capital gains of 20.62% over the last 12 months in GUNNEDAH, translating to higher returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.16% growth over a ten-year period. It ranks 2594th on our list of suburbs that property investors should look into.

GUNNEDAH, 2380 has a capital gain of 20.62% for the past year, which is higher than average compared to its 72.06% growth within a five-year period.

With the median home price in GUNNEDAH sitting at $585,000, and the average rent at $550, property owners could potentially earn a 4.89% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GUNNEDAH are low, as opposed to average gains per annum over the past five years.

GUNNEDAH, 2380 in NSW belongs to the local government area of Gunnedah.

Based on its average 5-year and quarterly capital gains GUNNEDAH, 2380 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 4.75% growth over a ten-year period. It ranks 1001st on our list of suburbs that property investors should look into.

GUNNEDAH, 2380 in NSW belongs to the local government area of Gunnedah.

GUNNEDAH, 2380 has a capital gain of 9.46% for the past year, which is higher than average compared to its 30.65% growth within a five-year period.

With the median home price in GUNNEDAH sitting at $405,000, and the average rent at $440, property owners could potentially earn a 5.65% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GUNNEDAH are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$585,000	$405,000
Growth Report
Median Quarterly	5.41%	0%
Median 12 month	20.62%	9.46%
Median 3 years	39.29%	11.72%
Median 5 years	72.06%	30.65%
10 years average annual	6.16%	4.75%
Weekly media advert. rent	$550	$440
Time on Market	66 days	N/A
Gross Rental Yield Percent	4.89%	5.65%

Demographics (Median Values)*

Total Population 10392

Weekly Household Income 1284

Household Size 2.40

Average Age 39

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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