Gormans Hill NSW 2795

Here you can find what you need to know about Gormans Hill, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$386k Median Sale Price (National Average $485k) 1191st In NSW
$325pw Median Rent (National Average $395) 1187th In NSW
4.4% Median Gross Yield (National Average 4.24%) 315th In NSW
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Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Gormans Hill, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Gormans Hill, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Gormans Hill, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Gormans Hill


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State Auction Clearance Rates -  

Auctions Clearance rate
NSW 542 65%
ACT 41 73%
NT 5 60%
QLD 122 45%
SA 30 70%
TAS 0 0%

Local Schools


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Suburb Information

Gormans Hill, NSW 2795

Part of: Bathurst Regional Council No data available

The size of Gormans Hill is approximately 16.5 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Gormans Hill in 2011 was 871 people. By 2016 the population was 766 showing a population decline of 12.1% in the area during that time. The predominant age group in Gormans Hill is 20-29 years. Households in Gormans Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gormans Hill work in a trades occupation. In 2011, 51% of the homes in Gormans Hill were owner-occupied compared with 39.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Gormans Hill

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Gormans Hill   for Houses in last 12 months


There have been 12 Houses sold in Gormans Hill in the past 12 months with a median sale price of $344K, up -5.4% annually. It takes on average 43 days to sell with vendor discounting of -0.05%.

Streets in Gormans Hill


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