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Gunnedah
AREA REPORTS

Gunnedah

Gunnedah - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2380

house
unit

Property investors enjoyed capital gains of 6.15% over the last 12 months in GUNNEDAH, translating to lower 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 3.57% growth over a ten-year period. It ranks 2448th on our list of suburbs that property investors should look into.

GUNNEDAH, 2380 has a capital gain of 6.15% for the past year, which is higher than average compared to its 6.15% growth within a five-year period.

With the median home price in GUNNEDAH sitting at $345,000, and the average rent at $360, property owners could potentially earn a 5.43% increase in gross rental yield.

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

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

Data report can be found below

Gunnedah
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $345,000 $310,000
GROWTH REPORT
Median Quarterly 2.22% 0%
Median 12 month 6.15% N/A
Median 3 years 1.47% 26.53%
Median 5 years 6.15% 16.98%
10 years average annual 3.57% 0.4%
Weekly media advert. rent $360 $300
Time on Market 122.8 days 0.0 days
Gross Rental Yield Percent 5.43% 5.03%
demographics (median values)*
Total Population
10392
Weekly Household Income
1284
Household Size
2.40
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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