Thinking about buying in Gumma? Now could not be a better time, with just 260 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $836,000 with prices in this suburb ranging from $279,000 to $2,986,000. Gumma is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Gumma Real Estate Market Outlook

In Gumma there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Gumma is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Gumma leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Gumma the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Gumma

40 WATERFORD DR, GUMMA, NSW, 2447

4

2

2

$1,100,000

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Recently Sold Properties / House Prices

14-02-2024	$815,000	432 GUMMA RD
10-01-2024	$855,000	41 WARRELL WATERS RD
20-09-2023	$533,333	132 FIGTREE RD
28-02-2023	$310,000	46 BOULTONS CROSSING RD
24-11-2022	$950,000	48 ROBERT HUGHES RD
09-11-2022	$1,470,000	837 GUMMA RD
17-10-2022	$1,100,000	38 WARRELL WATERS RD
24-05-2022	$885,000	67 WATERFORD DR
15-03-2022	$1,060,000	662 GUMMA RD
08-03-2022	$1,168,000	18 WARRELL WATERS RD
28-02-2022	$575,000	53 WATERFORD DR
18-01-2022	$1,150,000	114 GUMMA RD
09-12-2021	$840,000	30 BOULTON CL
24-11-2021	$800,000	33 WATERFORD DR
04-11-2021	$695,000	769 GUMMA RD
18-08-2021	$1,100,000	35 FIGTREE RD
16-08-2021	$860,000	43 WARRELL WATERS RD
15-07-2021	$660,000	44 WATERFORD DR
05-07-2021	$810,000	212 GUMMA RD
29-06-2021	$865,000	4 WALLABY DR
25-06-2021	$545,000	41 WARRELL WATERS RD
31-03-2021	$550,000	664 GUMMA RD
17-02-2021	$345,000	33 ROBERT HUGHES RD
16-02-2021	$680,000	638 GUMMA RD
27-01-2021	$340,000	407 GUMMA RD
04-12-2020	$530,000	330 GUMMA RD
30-10-2020	$525,000	46 BOULTONS CROSSING RD
02-10-2020	$345,000	152 GUMMA RD
21-09-2020	$770,000	32 WARRELL WATERS RD
28-08-2020	$267,500	17 ROBERT HUGHES RD
18-06-2020	$200,000	21 WARRELL WATERS RD
11-06-2020	$515,000	47 WATERFORD DR
19-12-2019	$550,000	586 GUMMA RD
22-11-2019	$502,000	212 GUMMA RD
18-09-2019	$577,000	622 GUMMA RD
16-08-2019	$560,000	30 BOULTON CL
09-08-2019	$499,000	462 GUMMA RD
20-05-2019	$325,000	222 GUMMA RD
16-04-2019	$200,000	276 GUMMA RD
21-01-2019	$2,025,000	278 BARNETTS RD
02-10-2018	$782,000	33 ACACIA RD
13-07-2018	$540,000	404 GUMMA RD
09-03-2018	$455,000	513 GUMMA RD
14-12-2017	$460,000	47 WATERFORD DR
24-11-2017	$655,000	40 FIGTREE RD
15-11-2017	$855,000	26 BOULTON CL
12-09-2017	$500,000	604 GUMMA RD
22-08-2017	$559,000	8 CORNEIL CRES
20-06-2017	$462,000	43 WATERFORD DR
12-04-2017	$555,000	5 CORNEIL CRES

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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Public Transport

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General Points of Interest

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