Gungalman is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 19, the suburb has a mature demographic with a median age of 49. Households earn a median income of $117K per year, with an average household size of 3.5 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Gungalman is $1.7 million, having surged 4272.1% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $5,000.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Gungalman offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +4272.1% year-on-year.
Gungalman is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 19, the suburb has a mature demographic with a median age of 49. Households earn a median income of $117K per year, with an average household size of 3.5 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Gungalman is $1.7 million, having surged 4272.1% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $5,000.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Gungalman offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +4272.1% year-on-year.