Gulmarrad

POSTAL CODE: NSW, 2463

HOUSE

Property investors have seen a 0.26% gain in GULMARRAD based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains GULMARRAD, 2463 saw average growth in the long term.

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $950,000

Profits averaged 0.33% per annum over a 3-year period, due to an upward trend in home prices in GULMARRAD, 2463.

This means, real estate investors could earn a rental income of $680 based on current median home prices for the suburb.

The gross rental yield in GULMARRAD, 2463 is 3.72%.

An average of 4.08 real estate transactions take place per month in GULMARRAD which translates to 49 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$950,000	N/A
Growth Report
Median Quarterly	0.26%	N/A
Median 12 month	5.56%	N/A
Median 3 years	1.71%	N/A
Median 5 years	65.22%	N/A
10 years average annual	9.27%	N/A
Weekly media advert. rent	$680	N/A
Time on Market	70.4 days	N/A
Gross Rental Yield Percent	3.72%	N/A

Demographics (Median Values)*

Total Population 7545

Weekly Household Income 932

Household Size 2.40

Average Age 52

Monthly Loan Repayment 1387

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

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