Gilead (postcode 2560) is a small locality in New South Wales within the Campbelltown (NSW) local government area. With a population of 882, the suburb has a predominantly older resident base with a median age of 74. Households earn a median income of $39K per year, with an average household size of 1.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are clerical & administrative, professionals, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Gilead stand at $700,000, having posted strong gains by 7.7% over the last twelve months. The current median weekly rent is $580. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $495.
Public transport access includes 2 bus stops. The crime rate in the Campbelltown (NSW) LGA is below average at 3,457 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.3% (moderate yield). Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 17.8x is considered stretched. House prices have moved +7.7% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.