Ghoolendaadi NSW

Postcode 2380 · Gunnedah LGA

Ghoolendaadi is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 85, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.

The median house price in Ghoolendaadi is $705,000, having dropped significantly 82.7% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.7%.

Public transport access includes 8 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.

From an investment perspective, Ghoolendaadi offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($705K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved -82.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.7% Moderate Yield
Price vs State$705K/$1.5M Below Median
Affordability7.2x Moderate
Price Momentum-82.7% Falling
SEIFA INDEX (ABS)
Advantage8/10
Education8/10
Economic9/10
Disadvantage8/10
MEDIAN HOUSE
$705K
-82.7% YoY
MEDIAN RENT /WK
$300
POPULATION
85
DEMOGRAPHICS
Median Age35
Household Size2.7
HH Income /wk$1,875
Personal Income /wk$850
Mortgage /mth
CRIME (Gunnedah LGA)
Crime Rate (per 100k)6,720
Total Incidents900
TRANSPORT
Bus Stops8
Data: 2022