Question 1

Is Gulmarrad a nice place to live?

Accepted Answer

Gulmarrad sits on the Clarence River floodplain near Maclean and a short drive from Yamba's beaches. Its acreage and lifestyle blocks, established farms and low-density housing give space for gardens, stables and native trees. River and estuary views, abundant birdlife and calm country lanes shape daily life, and most people travel by car to neighbouring towns for shops, schools and services.

The community is weighted towards couple families, with the two couple family types accounting for about 92% of reported families and a median age of 49. Most homes are owner-occupied (56.3% owned outright, 38.6% with a mortgage). Local projects include a staged water main upgrade, school drop-off and road safety improvements, design work to add pedestrian links to the Maclean shared path, and a small grant for an all-weather sports court refurbishment. Whether Gulmarrad suits you depends on whether you prefer a slower, rural lifestyle with easy access to coastal recreation.

Question 2

Is it expensive to live in Gulmarrad?

Accepted Answer

Buying a house in Gulmarrad sits well above local incomes at the last Census. With a median house price of $823,000, that works out to about 12.2 times a typical local annual household income at the last Census.

Renting is also a large share of income here: house rents around $725 a week are roughly 55.7% of a typical local household's weekly income at the last Census. If you're renting rather than buying, that rent share is the most relevant figure.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Gulmarrad a good place to invest?

Accepted Answer

House values in Gulmarrad fell 6.9% over the past 12 months, a notable decline in the capital value of houses over the year. If capital growth from houses is your primary concern, that is the key figure to bear in mind when you assess this suburb; whether it suits your needs depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$823K	N/A
Change in value Past 12 months	-6.9%	N/A
Sold Past 3 months	13	N/A
Median days on market Past 12 months	54	N/A
Average rent Past 12 months	$725	N/A
Change in rent Past 12 months	N/A	N/A

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