Gumbalie is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 23, the suburb has an older demographic with a median age of 64. Households earn a median income of $208K per year, with an average household size of 2.1 people. The top ancestries reported are English, Irish, Australian.
The median house price in Gumbalie is $9.6 million, having surged 358.5% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 0.1%. 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, Gumbalie offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($9.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 46.2x is considered stretched. House prices have moved +358.5% year-on-year.
Gumbalie is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 23, the suburb has an older demographic with a median age of 64. Households earn a median income of $208K per year, with an average household size of 2.1 people. The top ancestries reported are English, Irish, Australian.
The median house price in Gumbalie is $9.6 million, having surged 358.5% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 0.1%. 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, Gumbalie offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($9.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 46.2x is considered stretched. House prices have moved +358.5% year-on-year.