Fraud Blocker

Gundagai, NSW 2722

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Gundagai, NSW 2722 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Gundagai, NSW 2722”

  1. The total adult population (15 years or older) of Gundagai 2722 NSW is 1,415, with a median age of 45. Of those, 44.31% are married, 13.07% are divorced or separated, 32.72% are single and 9.82% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $6,796. The median monthly mortgage repayment for households in this suburb is $1,211 which is 17.82% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Gundagai 2722 is situated in NSW and home to an estimated 1001 households. As we close out Q3 of 2023, the property market in Gundagai has shown significant trends and markers for property investors and buyers in Australia.

    Typically, house prices in Gundagai sit around $489,590. With a median weekly rent of $403, this produces an indicative yield of 4.28%, higher than the minimum market requirement of 3% for cashflow-centered property investors. This promising yield indicates a potentially profitable return for investment properties in the area.

    Moreover, Gundagai displays an IRSAD score of 921 out of 1217, suggesting that the residents boast a relatively solid socio-economic status. The neighbourhood’s renter to owner ratio is favourable at 23%, which is below the ideal maximum of 30%. This indicates a saturated market with rental properties, suggesting potential for higher returns in the long term for property investors.

    Investors tend to prefer markets with a lower proportion of units to houses. Gundagai has a favourable units to houses ratio of 3%, representing a market with relatively less competition among landlords for potential tenants. This trend can lead to the maintenance of higher rental yields and attract families who generally have longer tenancy periods.

    The affordability index in Gundagai is also within the favourable range at 28 years. This suggests that it shouldn’t take more than 30 years to fully own a property within the current market conditions.

    Reflecting on the supply metrics, the suburb has a stock on market Percentage of 0.12%. This is a favourable range, indicating low supply. The inventory level for houses is also favourable at 2.0 months, depicting a quick absorption of new listings. Additionally, the building approvals ratio of 0.0% signifies a low supply of new residential buildings in the market.

    In terms of demand, houses in Gundagai stay on the market for an average of 47 days. While this figure is slightly higher than the ideal high demand value of 35 days, it isn’t alarming. The vacancy rate, a combined value for both houses and units, sits at an extremely favourable 0.87%, indicating a high demand. However, the buy search index for houses at 3 may suggest limited demand, striking a balance in the demand equation of Gundagai.

    Despite a few metrics having unfavourable ranges, a majority of Gundagai’s property market indicators are promising. This underscores the importance of the overall trends rather than singular metrics. For a more comprehensive analysis, consider utilising the Relative Composite Score developed by HtAG Analytics, which explores over 80 metrics in a property market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment