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Gulgong
AREA REPORTS

Gulgong

Gulgong - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2852

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Based on its average 5-year and quarterly capital gains GULGONG, 2852 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 GULGONG, 2852 obtained a 6.93% growth over a ten-year period. It ranks 1052nd on our list of suburbs that property investors should look into.

GULGONG, 2852 in NSW belongs to the local government area of Mid-Western Regional (A).

GULGONG, 2852 has a capital gain of 22.06% for the past year, which is higher than average compared to its 39.5% growth within a five-year period.

With the median home price in GULGONG sitting at $415,000, and the average rent at $392.5, property owners could potentially earn a 4.92% increase in gross rental yield.

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

Data report can be found below

Gulgong
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $415,000 N/A
GROWTH REPORT
Median Quarterly 6.41% N/A
Median 12 month 22.06% N/A
Median 3 years 44.85% N/A
Median 5 years 39.5% N/A
10 years average annual 6.93% N/A
Weekly media advert. rent $392.5 N/A
Time on Market 105.0 days N/A
Gross Rental Yield Percent 4.92% N/A
demographics (median values)*
Total Population
3543
Weekly Household Income
1092
Household Size
2.40
Age
42
Monthly Loan Repayment
1560
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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