Gulargambone is a small community in New South Wales within the Coonamble local government area (postcode 2828). With a population of 528, the suburb has an established demographic with a median age of 43. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gulargambone is $182,000, having dropped significantly 17.5% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $542.
Gulargambone is served by 1 school, including 1 combined. The average ICSEA score is 693, which is well below the national average of 1,000. Public transport access includes 1 rail station, 32 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Gulargambone offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($182K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -17.5% year-on-year.
Gulargambone is a small community in New South Wales within the Coonamble local government area (postcode 2828). With a population of 528, the suburb has an established demographic with a median age of 43. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gulargambone is $182,000, having dropped significantly 17.5% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $542.
Gulargambone is served by 1 school, including 1 combined. The average ICSEA score is 693, which is well below the national average of 1,000. Public transport access includes 1 rail station, 32 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Gulargambone offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($182K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -17.5% year-on-year.