Gunning is a small community in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 820, the suburb has an established demographic with a median age of 38. Households earn a median income of $107K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gunning is $735,000, having increased 5% over the past year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,733.
Gunning is served by 1 school, including 1 primary. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Gunning offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +5.0% year-on-year.
Gunning is a small community in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 820, the suburb has an established demographic with a median age of 38. Households earn a median income of $107K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gunning is $735,000, having increased 5% over the past year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,733.
Gunning is served by 1 school, including 1 primary. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Gunning offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +5.0% year-on-year.