Townsend vs Gulmarrad

Townsend (median $645,000) is roughly 34% cheaper to buy into than Gulmarrad ($975,000). Over the past year, Gulmarrad (+16.4%) ran 24.3 percentage points ahead of Townsend (-7.9%) on house-price growth.

Buying in Townsend or Gulmarrad?

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Townsend and Gulmarrad side by side

MeasureTownsendGulmarrad
Price and market
Median house$645,000$975,000
Median unit$240,480$240,480
House price change, 12 months-7.9%+16.4%
Renting
House rent$620/wk$620/wk
Owner occupied69.0%93.0%
Renter occupied27.0%5.0%
Schools
Schools nearby97
Average ICSEA963963
Lifestyle and people
Walk score40
Transit score00
Bike score205
Population9911,950
Median age4249
Climate
Annual rainfall1212 mm1205 mm
Mean max, January28.9°C28.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Townsend scores higher on walkability (4/100 vs 0/100 ), useful if you're optimising for a car-light household. Gulmarrad skews owner-occupied (93%), Townsend runs more rental-dense (69% owner).

For buyers
Townsend is the lower entry point at $645,000 median, 34% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Townsend delivers the better gross yield (5.00% vs 3.31%), but Gulmarrad has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Gulmarrad has a heavier family-household mix (88% vs 68%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).

Townsend vs Gulmarrad: common questions

Is Townsend or Gulmarrad cheaper to buy in?

Townsend has the lower median house price at $645,000, roughly 34% below Gulmarrad ($975,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Townsend or Gulmarrad?

Over the past 12 months, Gulmarrad grew +16.4% vs -7.9% in Townsend, a gap of 24.3 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Which is more walkable, Townsend or Gulmarrad?

Townsend scores 4/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Townsend or Gulmarrad?

Gross rental yield on houses is 5.00% in Townsend vs 3.31% in Gulmarrad. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.