Located in New South Wales within the Coonamble local government area, Gulargambone is a close-knit residential community (postcode 2828). With a population of 528, the suburb has an established family 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.3% 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 managers, labourers, community & personal service. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gulargambone is $190,000, having edged higher by 1.6% over the past year. The median weekly rent is $160 (Census 2021). This gives a gross rental yield of approximately 4.4%. 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 8,806 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.4% (moderate yield). Property prices sit below the state median ($190K/$1.5M), which can point to relative value. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +1.6% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.