Get a property report and suburb profile for any property in Gymea Bay

Join the 2 million Australians* who use our services every year.

Geo Page

Gymea Bay suburb profile

Gymea Bay is a picturesque suburb located in the Sutherland Shire of Sydney, known for its serene natural surroundings and family-friendly atmosphere. Nestled along the shores of the bay, it offers residents a tranquil lifestyle with easy access to water-based activities and lush parklands. The suburb features a mix of modern homes and traditional residences, reflecting its evolving character. Gymea Bay is well-regarded for its strong community spirit, excellent schools, and convenient amenities. Its proximity to the Royal National Park and Gymea Village adds to its appeal, making it a sought-after location for families and nature enthusiasts.

Gymea Bay property market performance

Gymea Bay's property market has shown positive growth over the past 12 months, with house values increasing by 4.5%. The current median house price stands at $1.90 million. However, the suburb does not have a unit market, as indicated by a median unit price of $0 and no units sold in the past year.

Sales activity for houses has been moderate, with 21 houses sold over the last 12 months. Houses are spending a median of 50 days on the market, suggesting a steady demand in the area.

The rental market for houses in Gymea Bay has seen a significant increase, with average rent rising by 9.5% over the last 12 months, reaching $1,150. This indicates a strong demand for rental houses in the suburb.

HousesUnits
Median price
Past 3 months
$2MN/A
Change in value
Past 12 months
5.4%N/A
Sold
Past 3 months
15N/A
Median days on market
Past 12 months
51N/A
Average rent
Past 12 months
$1150N/A
Change in rent
Past 12 months
9.5%N/A

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

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 and a median age of 42, it is a community that appeals to families and those seeking a quieter lifestyle away from the hustle and bustle of the city. The suburb is characterized by its leafy streets and proximity to the Royal National Park, offering residents ample opportunities for outdoor activities and a serene living environment.

The suburb's demographic profile highlights its strong appeal to families, with 58.4% of households being couple families with children. This is complemented by a significant proportion of couple families without children, making up 30.9% of the community. The presence of one-parent families at 10.4% adds to the suburb's diverse family structure. Gymea Bay's high median household income of $3,047 per week reflects the affluence and stability of its residents, many of whom are established professionals and business owners.

Property ownership in Gymea Bay is predominantly characterized by owner-occupiers, with 44.7% of homes owned outright and 48.0% owned with a mortgage. This high rate of home ownership underscores the suburb's appeal as a long-term residential area. Only 7.4% of properties are rented, indicating a stable community with deep roots. The suburb's charm lies in its blend of suburban tranquility, strong community ties, and access to quality schools and amenities, making it a desirable location for families seeking a balanced lifestyle.

Gymea Bay infrastructure, key developments and investment opportunities

Gymea Bay remains a sought-after suburb with ongoing council planning focused on preserving its green spaces, despite past challenges with bushland loss due to increased housing density and vehicle presence[1][3]. There are currently no major new retail, commercial, or infrastructure projects underway within Gymea Bay itself, and its boundaries remain the subject of community debate related to potential local government adjustments[1][3].

Families continue to be attracted to Gymea Bay due to proximity to the area's established schools and the waterfront lifestyle, although there are no notable updates regarding new school developments or transport infrastructure at this time[4][10]. Access to Port Hacking’s waterways and bushland, along with the amenities of Gymea Shopping Village nearby, sustain local property demand and overall desirability. As of now, there are no significant council, school, or infrastructure changes expected to impact the Gymea Bay property market in the immediate future.

Gymea Bay rental market trends

The rental market in Gymea Bay has experienced growth, with house rents increasing by 9.5% over the past year to $1,150 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units for rent. This suburb continues to attract interest due to its desirable location and strong demand for housing.

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 20.4% higher than Gymea’s.
  • House price growth: Over the past 12 months, house prices in Gymea Bay have grown 3.6% higher than in Caringbah South.
  • Selling speed for houses: Properties in Gymea Bay are selling 51.0% faster than in Gymea.
  • House price growth: Over the past 12 months, house prices in Gymea Bay have grown 1.2% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Gymea Bay have grown 90.6% 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 call home. With its lush greenery and tranquil atmosphere, it provides a peaceful retreat from the hustle and bustle of city life. The suburb is known for its strong sense of community and welcoming vibe, which is particularly appealing to families. The presence of excellent schools and convenient amenities further enhances its livability, ensuring that residents have everything they need within easy reach.

    For those who enjoy outdoor activities, Gymea Bay is a paradise. Its proximity to the Royal National Park and the beautiful waterways of Port Hacking offers ample opportunities for nature walks, picnics, and water-based activities. The suburb's leafy streets and well-maintained parks provide plenty of green space for families to enjoy leisurely weekends together. While Gymea Bay may not have the bustling nightlife of inner-city areas, its relaxed suburban vibe is perfect for those seeking a quieter lifestyle.

    Safety is generally not a major concern in Gymea Bay, contributing to its appeal as a family-friendly suburb. However, one trade-off of living in this picturesque area is the limited public transport options, which might require residents to rely more on personal vehicles for commuting. Despite this, the suburb's charm and strong community ties make it a desirable location for families looking for a balanced lifestyle. Gymea Bay is a place where you can enjoy the best of both worlds—natural beauty and a close-knit community—making it a truly nice place to live.

    Down Pointer
  • Is it expensive to live in Gymea Bay?

    Living in Gymea Bay can be quite expensive, especially when considering the current property market. The median house price in Gymea Bay is approximately $1,902,000, which is significantly high. Renting is also on the pricier side, with the average rent for houses over the last year being around $1,150 per week. This means that a substantial portion of income would need to be allocated towards housing costs, whether buying or renting.

    When we compare this to the average annual wage in Sydney, which is around $98,000, the cost of living in Gymea Bay can be challenging for those earning average salaries. The median total household income in Gymea Bay is $3,047 per week, which is relatively high, but given the steep property prices and rental costs, living comfortably in this suburb might still require careful financial planning.

    Overall, while Gymea Bay offers a desirable lifestyle with its proximity to Sydney and appealing surroundings, the cost of living, particularly in terms of housing, is on the higher end. If you are thinking of living in Gymea Bay, it's important to consider your financial situation to ensure it aligns with the expenses associated with this suburb.

    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.
    Down Pointer
  • Is Gymea Bay a good place to invest?

    Gymea Bay presents a promising opportunity for property investors, especially those interested in the housing market. Over the past year, the suburb has experienced a 4.5% increase in median house values, indicating a steady upward trend in property appreciation. This growth, coupled with a significant 9.5% rise in house rents, suggests strong demand from renters, making it an attractive option for investors seeking reliable rental income.

    While the unit market in Gymea Bay has remained stable with no change in median values or rents over the last 12 months, this stability can appeal to investors looking for low-risk, consistent returns. The suburb's family-friendly environment and proximity to amenities make it a desirable location for long-term residents, which can contribute to sustained demand for rental properties.

    Overall, Gymea Bay offers a balanced investment landscape with potential for both capital growth and rental yield, particularly in the housing sector. Its steady market performance and appeal to families and renters alike make it a solid choice for investors aiming for a mix of growth and income stability.

    Down Pointer

Choose the right real estate agents in Gymea Bay

Currently, there are 59 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 59 agents sold 34.5% 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.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.