Gormans Hill (postcode 2795) is a close-knit residential community in New South Wales within the Bathurst Regional local government area. The area has roughly 887 residents and an older-leaning population, with a median age of 53. Households earn a median income of $56K per year, with an average household size of 2.1 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Gormans Hill has a median house price of $595,000, which has increased by 4.4% year-on-year. Units have a median price of $330,000. The current median weekly rent is $520. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,404.
Public transport access includes 19 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Bathurst Regional LGA is below average at 3,968 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.5%, which reads as moderate yield. Property prices sit below the state median ($595K/$1.5M), which can point to relative value. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +4.4% year-on-year.