Gunnedah, NSW 2380: Suburb Profile & Property Report

Market Report

House report
Unit Report

Gunnedah has 189 houses available for sale. The median property price for a house is currently $477,500 with annual capital growth of 11.05% . There were 258 house sales in the past 12 months. On average, houses spend 53 days on market.

If you're thinking about buying an investment property in Gunnedah, consider that rental yields for houses are currently 5.60% with an average median rent of $485 weekly. Houses have seen -0.52% growth in the past quarter, and 11.05% growth in the past 12 months.

The size of Gunnedah is approximately 519 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2011 was 9,341 people. By 2016 the population was 9,727 showing a population growth of 4.1% in the area during that time. The predominant age group in Gunnedah is 0-9 years.

Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation. In 2011, 65.6% of the homes in Gunnedah were owner-occupied compared with 63% in 2016.

Gunnedah has 11 units available for sale. The median property price for a unit is currently $367,500 with annual capital growth of -3.29% . There were 19 unit sales in the past 12 months. On average, units spend 58 days on market.

If you're thinking about buying an investment property in Gunnedah, consider that rental yields for units are currently 5.54% with an average median rent of $360 weekly. Units have seen 0.68% growth in the past quarter, and -3.29% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$477,500	$367,500
Quarterly growth	-0.52%	+0.68%
12-month growth	+11.05%	-3.29%
Average annual growth	+8.33%	+8.77%
Weekly median rent	$485	$360
Gross rental yield	5.60%	5.54%
Number of Sales (12m)	258	19
Avg. Days on Market (12m)	53	58

Jump to Market Trends

Key Demographics	2011	2016
Total population	9,341	9,727
Population change (5y)	+16.14%	+4.10%
Median household income (p/w)	$941	$1,281
Household income change (5y)	+37.17%	+36.13%
Median age of persons	39	38

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Gunnedah is $477,500 for houses and $367,500 for units.

The Median Growth in Gunnedah over the past 12 months is 11.05% for houses and -3.29% for units.

Over the past 12 months there were 258 houses sold and 19 units sold in Gunnedah. On average, houses spent 53 days on market and units spent 58 days on market.

In the past 12 months up to August 2024 there were 258 houses sold and 19 units sold in Gunnedah. On average, houses spent 53 days on market and units spent 58 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Gunnedah is $485 for houses and $360 for units.

The Rental Yield in Gunnedah is 5.60% for houses and 5.54% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Gunnedah was 9,727 in 2016, a +4.10% change compared to 2011.

The predominant age group in Gunnedah is 0-9 years.

The population of Gunnedah was 9,727 in 2016, a +4.10% change compared to 2011.

The predominant age group in Gunnedah is 0-9 years.

Most of the population in Gunnedah were born in Australia.

Most of the population in Gunnedah report their religion as Anglican.

Most of the population in Gunnedah report their income range as between $78,000 and $130,000 .

The median household income in Gunnedah was $1,281 in 2016, a +36.13% change compared to 2011.

Most of the population in Gunnedah report their income range as between $15,000 and $31,000 .

The median household income in Gunnedah was $941 in 2011, a +37.17% change compared to 2006.

Most of the population in Gunnedah work as Machinery Operators and Drivers.

Most of the population in Gunnedah work as Trades.

The chart below demonstrates the various levels of education in Gunnedah.

Most of the population in Gunnedah reached a qualification level of Certificate.

2011 2016

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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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