Gumly Gumly is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2652). The area has roughly 450 residents and a mix of young professionals and families, with a median age of 34. Households earn a median income of $103K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Gumly Gumly is $552,000, having surged by 10.3% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,167.
Public transport access includes 6 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,374 incidents per 100,000 population.
Looking at the investment signals, Gumly Gumly shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices sit below the state median ($552K/$1.5M), which can point to relative value. The price-to-income ratio of 5.3x is considered affordable. House prices have moved +10.3% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.