Gunnedah is a well-established suburb in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 10,359, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are machinery operators & drivers, technicians & trades, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gunnedah is $589,000, having surged 14.3% over the past year. Units have a median price of $1.1 million (+178.5% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,517.
Gunnedah is served by 7 schools, including 3 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 904, which is below the national average of 1,000. Public transport access includes 1 rail station, 222 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Gunnedah offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($589K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +14.3% year-on-year.
Gunnedah is a well-established suburb in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 10,359, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are machinery operators & drivers, technicians & trades, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gunnedah is $589,000, having surged 14.3% over the past year. Units have a median price of $1.1 million (+178.5% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,517.
Gunnedah is served by 7 schools, including 3 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 904, which is below the national average of 1,000. Public transport access includes 1 rail station, 222 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Gunnedah offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($589K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +14.3% year-on-year.