Gumly Gumly is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2652). With a population of 450, the suburb has 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. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Gumly Gumly is $900,000, having surged 84.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.6%. 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 5,356 incidents per 100,000 population.
From an investment perspective, Gumly Gumly offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +84.6% year-on-year.
Gumly Gumly is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2652). With a population of 450, the suburb has 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. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Gumly Gumly is $900,000, having surged 84.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.6%. 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 5,356 incidents per 100,000 population.
From an investment perspective, Gumly Gumly offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +84.6% year-on-year.