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Gulmarrad
AREA REPORTS

Gulmarrad

Gulmarrad - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2463

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Property investors have seen a 18.6% gain in GULMARRAD based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on GULMARRAD, 2463 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 32.38%.

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 $695,000

Profits averaged 13% 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 $550 based on current median home prices for the suburb.

The gross rental yield in GULMARRAD, 2463 is 4.12%.

An average of 3.75 real estate transactions take place per month in GULMARRAD which translates to 45 per annum.

Data report can be found below

Gulmarrad
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $695,000 N/A
GROWTH REPORT
Median Quarterly 18.6% N/A
Median 12 month 32.38% N/A
Median 3 years 39% N/A
Median 5 years 59.77% N/A
10 years average annual 5.82% N/A
Weekly media advert. rent $550 N/A
Time on Market 49.9 days N/A
Gross Rental Yield Percent 4.12% N/A
demographics (median values)*
Total Population
7545
Weekly Household Income
932
Household Size
2.40
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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