2. NSW
  3. Bathurst

Houses Units

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

$550K Median Sale Price (National Average $485k) 1250th In NSW
10.78% Median Sale Price Change (1yr) (National Average 4.30%) 407th In NSW
$450pw Median Rent (National Average $395) 1122nd In NSW
4.2% Median Gross Yield (National Average 4.24%) 166th In NSW

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
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


Loading

State Auction Clearance Rates


Loading

Local Schools


Loading

Suburb Information

Gormans Hill, NSW 2795

Part of: Bathurst Council No data available

The size of Gormans Hill is approximately 16.5 square kilometres. It has 4 parks covering nearly 1.2% 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 10 Houses sold in Gormans Hill in the past 12 months with a median sale price of $550K, up 10.8% annually. It takes on average 51 days to sell with vendor discounting of -4.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Inverness QLD, 4703 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Gowrie NSW, 2330 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Shanes Park NSW, 2747 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Kelso NSW, 2795 3.57% $725,000 $540pw 3.9% View Suburb Profile
Goroke VIC, 3412 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Jarrahdale WA, 6124 37.28% $957,500 Unavailable Unavailable View Suburb Profile

Currency

Version 2 of these Property Value Terms of Use are current as and from 16 June 2022.
© 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific. All rights reserved.

Disclaimers

This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their outputs), commentary, reports and other information (CoreLogic Data).
© Copyright 2024. CoreLogic and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) the CoreLogic Data contained in this publication. All rights reserved.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

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.

Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions

This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode