Gilgai

POSTAL CODE: NSW, 2360

HOUSE

Based on its average 5-year and quarterly capital gains GILGAI, 2360 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that GILGAI, 2360 obtained a 8.12% growth over a ten-year period. It ranks 1235th on our list of suburbs that property investors should look into.

GILGAI, 2360 in NSW belongs to the local government area of Inverell.

GILGAI, 2360 has a capital gain of 0% for the past year, which is lower than average compared to its 54.55% growth within a five-year period.

With the median home price in GILGAI sitting at $595,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GILGAI are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$595,000	N/A
Growth Report
Median Quarterly	-3.25%	N/A
Median 12 month	0%	N/A
Median 3 years	32.22%	N/A
Median 5 years	54.55%	N/A
10 years average annual	8.12%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 14529

Weekly Household Income 973

Household Size 2.40

Average Age 41

Monthly Loan Repayment 1264

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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