Powered by MOMENTUM MEDIA
AREA REPORTS

Gilgandra

Suburb Profile

Gilgandra - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2827

house

Property investors have seen a -0.93% drop in GILGANDRA based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains GILGANDRA, 2827 saw average decrease in the long term.

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $160,000

Profits averaged 3.96% per annum over a 3-year period, due to an upward trend in home prices in GILGANDRA, 2827.

This means, real estate investors could earn a rental income of $240 based on current median home prices for the suburb.

The gross rental yield in GILGANDRA, 2827 is 7.8%.

An average of 4.08 real estate transactions take place per month in GILGANDRA which translates to 49 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $160,000 N/A
GROWTH REPORT
Median Quarterly -0.93% N/A
Median 12 month -5.04% N/A
Median 3 years 11.89% N/A
Median 5 years -11.11% N/A
10 years average annual 3.36% N/A
Weekly media advert. rent $240 N/A
Time on Market 145.4 days N/A
Gross Rental Yield Percent 7.8% N/A
demographics (median values)
Total Population
3242
Weekly Household Income
623.7
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

4 lessons from 4 commercial property deals

4 lessons from 4 commercial property deals

Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...

Investor activity too low to yield market disruption

Investor activity too low to yield market disruption, expert says

While new data points to a resurrection in the number of investors entering the housing market, the share of investors remains at record-low...

House price surge

House price surge to cause ‘social and political problems’: ANZ

Rising house prices spurred on by low interest rates are “raising eyebrows” and could create “real social and political problems”, A...

High-end capital city markets lead property upswing

High-end capital city markets lead property upswing

Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...

10 markets reversing the property trend

10 markets reversing the property trend

Despite strong national growth grabbing headlines, not all suburbs are currently booming, with the pandemic continuing to drag down markets,...

Property investing‘s best-kept secret

Property investing‘s best-kept secret

One word: commercial. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.