Back to Suburb Insights
Gymea Suburb Insights
VICLocation Information
Suburb Name
Gymea, VIC
Distance from CBD
9.1 kmDemographics
Population
7,589
Median Income
$42,900
Area Information
Area
2.19 km²
Population Density
3465 people/km²
Property Market
Median Price
$561,680
Annual Growth
+18.3%Property Price Trend Analysis
Current Median Price
$561,680
Annual Growth
+18.3%
Quarterly Growth
+2.1%
Price Trends - Last 6 Months
2024-01
$904,907
+4.6%2024-02
$546,697
+8.4%2024-03
$595,099
+10.4%2024-04
$974,066
+14.6%2024-05
$992,102
+17.9%2024-06
$1,225,613
+10%Property Type Price Analysis
House
Median Price
$1,131,818
Growth Rate
+7.1%Available Listings
482 properties
Apartment
Median Price
$668,643
Growth Rate
+17.4%Available Listings
230 properties
Townhouse
Median Price
$780,065
Growth Rate
+10.7%Available Listings
61 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy