Gulmarrad is a small community in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 1,950, the suburb has a mature demographic with a median age of 49. Households earn a median income of $68K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Gulmarrad is $900,000, having increased 4.3% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,660.
Gulmarrad is served by 1 school, including 1 primary. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Gulmarrad offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.3x is considered stretched. House prices have moved +4.3% year-on-year.
Gulmarrad is a small community in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 1,950, the suburb has a mature demographic with a median age of 49. Households earn a median income of $68K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Gulmarrad is $900,000, having increased 4.3% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,660.
Gulmarrad is served by 1 school, including 1 primary. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Gulmarrad offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.3x is considered stretched. House prices have moved +4.3% year-on-year.