Gumma is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 486, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Gumma is $1.1 million, having surged 35% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,634.
Public transport access includes 4 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Gumma offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.6x is considered stretched. House prices have moved +35.0% year-on-year.
Gumma is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 486, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Gumma is $1.1 million, having surged 35% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,634.
Public transport access includes 4 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Gumma offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.6x is considered stretched. House prices have moved +35.0% year-on-year.