Skip to main content

Gormans Hill vs Gunnedah

Property investment comparison - Gormans Hill, NSW 2795 vs Gunnedah, NSW 2380

Head-to-head across core investment metrics: Gormans Hill wins 1, Gunnedah wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricGormans HillGunnedah
Median house price$590K$585K
Median unit price-$400K
Gross rental yield (houses)4.60%-
Gross rental yield (units)4.08%5.45%
1-year house growth+3.9%+15.3%
3-year house growth+24.8%-
Vacancy rate1.0%2.9%
Population88710,359

Gormans Hill vs Gunnedah: what the numbers say

The median house price is $590K in Gormans Hill and $585K in Gunnedah, so Gunnedah is the cheaper entry point, with Gormans Hill houses about 1% dearer.

Over the past year house prices moved +3.9% in Gormans Hill and +15.3% in Gunnedah, so recent momentum favours Gunnedah, although both suburbs recorded growth.

Rental vacancy is 1.0% in Gormans Hill and 2.9% in Gunnedah, so landlords in Gormans Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gunnedah is the bigger suburb, with a population of 10,359 against 887, roughly 12 times the size of Gormans Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gunnedah for a lower purchase price, Gunnedah for recent price momentum, Gormans Hill for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison