Gulgong

POSTAL CODE: NSW, 2852

HOUSE

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 8.01% growth over a ten-year period. It ranks 1307th on our list of suburbs that property investors should look into.

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

GULGONG, 2852 has a capital gain of 2.46% for the past year, which is lower than average compared to its 50.6% growth within a five-year period.

With the median home price in GULGONG sitting at $625,000, and the average rent at $550, property owners could potentially earn a 4.58% 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.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$625,000	N/A
Growth Report
Median Quarterly	2.46%	N/A
Median 12 month	2.46%	N/A
Median 3 years	14.16%	N/A
Median 5 years	50.6%	N/A
10 years average annual	8.01%	N/A
Weekly media advert. rent	$550	N/A
Time on Market	113.3 days	N/A
Gross Rental Yield Percent	4.58%	N/A

Demographics (Median Values)*

Total Population 3543

Weekly Household Income 1092

Household Size 2.40

Average 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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