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Gymea Bay suburb profile

Gymea Bay is a picturesque suburb in the Sutherland Shire of Sydney, known for its serene natural beauty and family-friendly atmosphere. Nestled around the tranquil waters of the bay, it offers a peaceful retreat from the hustle and bustle of city life while still being conveniently located about 26km south of Sydney CBD. The suburb features lush bushland, waterfront properties, and a strong community spirit. With excellent schools, local parks, and recreational facilities, Gymea Bay is a popular choice for families seeking a relaxed lifestyle. Its proximity to Gymea Village provides residents with easy access to shopping, dining, and essential services.

Gymea Bay property market performance

Gymea Bay’s property market has shown a positive trend over the past year, with house values increasing by 7.4%. The median house price currently stands at $2.23 million, reflecting solid market demand, especially given 29 house sales in the last year.

Units appear to be less active in the market, with a median unit price and activity both at zero over the past 12 months. Houses have been moving moderately, spending a median of 43 days on the market.

The rental market in Gymea Bay has witnessed substantial growth, with average house rents rising by 15.1%, reaching $1,295. The unit rental market remains inactive, consistent with the sales data.

HousesUnits
Median price
Past 3 months
$2.23MN/A
Change in value
Past 12 months
8.6%N/A
Sold
Past 3 months
273
Median days on market
Past 12 months
49N/A
Average rent
Past 12 months
$1298N/A
Change in rent
Past 12 months
15.4%N/A

5 year median price trend for houses and units

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Gymea Bay demographics

Gymea Bay, located in the Sutherland Shire of Sydney, is a picturesque suburb known for its family-friendly environment and natural beauty. With a population of 6,983, it offers a serene lifestyle away from the hustle and bustle of the city. The median age of 42 suggests a mature community, with many residents likely to be established families and professionals who appreciate the suburb's tranquil setting and community-oriented atmosphere.

The suburb is predominantly composed of couple families with children, making up 58.4% of the population, which highlights its appeal to families seeking a supportive and safe environment for raising children. Additionally, 30.9% of households are couple families without children, indicating a significant number of empty nesters or couples who enjoy the peaceful surroundings. The presence of one-parent families, at 10.4%, adds to the suburb's diverse family structure.

Property ownership in Gymea Bay is notably high, with 44.7% of homes owned outright and 48.0% owned with a mortgage. This reflects a stable and established community with a strong sense of homeownership. The low rental rate of 7.4% further emphasizes the suburb's appeal to long-term residents who value stability and community ties. With its combination of natural beauty, family-friendly amenities, and strong community spirit, Gymea Bay is an attractive suburb for those seeking a balanced and fulfilling lifestyle.

Gymea Bay infrastructure, key developments and investment opportunities

Gymea Bay’s property appeal continues to benefit from its proximity to key centres such as Gymea Village, Miranda’s major retail precinct and Cronulla’s beaches, offering residents strong access to shopping, dining, employment and lifestyle amenities.[4][5] Local school infrastructure, including Gymea Bay Public School and nearby secondary options, remains a major drawcard for families, supporting ongoing demand for larger family homes and reinforcing the suburb’s reputation as a stable, family-oriented market.[4][7]

There are currently no widely publicised major new transport projects or large-scale commercial redevelopments specific to Gymea Bay, with residents instead leveraging existing road access and nearby train services from Gymea and Miranda.[4][5] Planned and ongoing upgrades across the broader Sutherland Shire, including incremental improvements to roads, parks and community facilities, are expected to gradually enhance local amenity rather than dramatically shift the property market in the short term.[4]

Gymea Bay rental market trends

The rental market in Gymea Bay showcases significant house rent growth, with a 15.1% rise over the past year to $1,295 per week. Unit rents remain unchanged, with limited data suggesting minimal activity. As a sought-after location, Gymea Bay continues to present attractive prospects for investors and residents focusing on house rentals.

Suburbs near Gymea Bay

Some popular suburbs near Gymea Bay include:

How does Gymea Bay compare to nearby suburbs?

  • Median house prices: Gymea Bay’s median house price is 47.5% higher than Gymea’s.
  • House price growth: Over the past 12 months, house prices in Gymea Bay have grown 5.5% higher than in Yowie Bay.
  • Selling speed for houses: Properties in Gymea Bay are selling 29.0% faster than in Yowie Bay.
  • House price growth: Over the past 12 months, house prices in Gymea Bay have grown 7.3% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Gymea Bay have grown 63.3% higher than the average rate of growth for units across Sydney.

Common questions about Gymea Bay

  • Is Gymea Bay a nice place to live?

    Gymea Bay is a delightful suburb that offers a serene and charming lifestyle, making it a wonderful place to live. With its lush greenery and tranquil waters, the suburb provides a peaceful retreat that is perfect for families seeking a nurturing environment. The community vibe is warm and welcoming, with a strong sense of togetherness that is evident in the local events and gatherings. The suburb's proximity to Gymea Village ensures that residents have convenient access to shopping, dining, and essential services, adding to the overall livability of the area.

    Families will find Gymea Bay particularly appealing due to its excellent schools and abundance of parks and recreational facilities. The suburb's natural beauty and safe environment make it an ideal place for children to grow up, while the community spirit fosters a supportive atmosphere for parents. While Gymea Bay offers a relaxed lifestyle, it does come with a few trade-offs. The lack of major new transport projects means residents rely on existing road access and nearby train services, which might not be as convenient for those who commute to the city daily. Additionally, the peaceful nature of the suburb means it lacks the vibrant nightlife found in more urban areas.

    Overall, Gymea Bay is a fantastic choice for those who value a balanced and fulfilling lifestyle. Its combination of natural beauty, family-friendly amenities, and strong community ties make it a highly desirable place to call home. While it may not offer the hustle and bustle of city living, its peaceful charm and proximity to key centers like Miranda and Cronulla provide a perfect blend of tranquility and convenience.

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  • Is it expensive to live in Gymea Bay?

    Living in Gymea Bay can be quite expensive, especially when it comes to housing costs. The current median house price is a steep $2,227,500, which is significantly higher than many other suburbs in the area. Renting isn't much cheaper either, with the average rent for houses over the last year sitting at $1,295 per week. This can take a substantial chunk out of your weekly income.

    When you compare this to the average wage in Gymea Bay, which is about $3,000 per week, it becomes clear that a large portion of one's income would go towards housing. The median total household income in Gymea Bay is also around $3,047 per week, which suggests that while the suburb may be affordable for those earning above-average incomes, it could be a financial stretch for others.

    Overall, if you are thinking of living in Gymea Bay, it's important to consider the high cost of housing and how it aligns with your financial situation. The suburb offers a beautiful lifestyle with its proximity to nature and family-friendly amenities, but these come at a premium price.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Gymea Bay a good place to invest?

    Gymea Bay presents an intriguing opportunity for property investors, particularly those interested in houses. Over the past 12 months, the suburb has experienced a notable 7.4% increase in median house values, indicating a strong demand for this type of property. This growth is complemented by a significant 15.1% rise in house rents, suggesting a robust rental market that can provide steady income for investors. The combination of capital growth and rental yield makes houses in Gymea Bay an attractive investment option.

    While the unit market in Gymea Bay has remained stable with no change in median values or rents over the past year, this stability can be appealing to investors seeking low-risk opportunities. The suburb's family-friendly environment, characterized by its leafy streets and proximity to schools and amenities, continues to draw long-term residents, ensuring ongoing demand for housing. Overall, Gymea Bay offers a balanced investment landscape, with houses showing strong growth potential and units providing a stable, low-risk option.

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Choose the right real estate agents in Gymea Bay

Currently, there are 42 real estate agents working in Gymea Bay—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 42 agents sold 45.0% of all properties in Gymea Bay over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Gymea Bay typically charge a commission of 1.55% to 2.7%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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