AREA REPORTS

Gilgandra

 

 

NSW/
Gilgandra

Suburb Profile

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

house

Property investors have seen a -0.84% 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 $147,500

Profits averaged -6.02% per annum over a 3-year period, due to an downward 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 8.46%.

An average of 5 real estate transactions take place per month in GILGANDRA which translates to 60 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $147,500 N/A
GROWTH REPORT
Median Quarterly -0.84% N/A
Median 12 month -0.34% N/A
Median 3 years -18.06% N/A
Median 5 years -5.6% N/A
10 years average annual 1.33% N/A
Weekly media advert. rent $240 N/A
Time on Market 104.5 days N/A
Gross Rental Yield Percent 8.46% N/A
demographics (median values)
Total Population
3242
Weekly Household Income
623.7
Household Size
2.50
demographics
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