Located in New South Wales within the Bourke local government area, Gumbalie is a sparsely populated locality (postcode 2840). It is home to about 23 residents, with a more retirement-aged population and a median age of 64. Households earn a median income of $208K per year, with an average household size of 2.1 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -2.4% 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 top ancestries reported are English, Irish, Australian.
The current median weekly rent is $205. The median monthly mortgage repayment is $750.
The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Population growth of -2.4% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.