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Nilgen

POSTAL CODE: WA, 6044
HOUSE

NILGEN, 6044 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling NILGEN, 6044 values up and netting property investors a capital gain of 4.49% for the past year.

Investors saw the median home price rise to $465,000.

Profits due to an upward trend in home prices in the suburb averaged 0% per annum over a 3-year period.

NILGEN now ranks at the 3rd place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NILGEN, homes and units usually stay on listing for an average of 83.7 days.

In 2016, 12 properties were sold in NILGEN during the past year, making it the 479th most active market in WA based on total real estate transactions.

Surburb overview

Nilgen is a rural locality located approximately 116 kilometres north of Perth, within the Shire of Gingin in Western Australia. It covers an area of about 253.7 square kilometres and is near the coastal town of Lancelin. 

As of the latest available data, Nilgen has a recorded population of 230 residents. The community predominantly comprises families and individuals engaged in agricultural and related activities. 

A notable feature of the area is the Nilgen Nature Reserve, which covers approximately 7,530 hectares. This coastal reserve includes white sandy beaches, extensive dunes, and wildflower heathland. It provides a habitat for various birds, reptiles, and mammals, including the native Honey Possum. 

Within the reserve, the Nilgen Lookout offers panoramic views of the Indian Ocean and the surrounding coastal heathland. The lookout is especially popular during the wildflower season when the reserve bursts into a vibrant display of native blooms. A short loop trail of approximately 600 meters, accessible to all abilities, allows visitors to explore the area's natural beauty. 

Visitors to Nilgen can engage in various recreational activities, including hiking, birdwatching, and photography, particularly during the wildflower season. The nearby Lancelin Sand Dunes offers opportunities for sandboarding and off-road driving. 

While Nilgen has limited commercial facilities, accommodation options such as the Nilgen Nature Bush Camp provide a rustic camping experience amidst natural surroundings. Additional amenities, including shops and restaurants, are available in the nearby town of Lancelin. 

Nilgen's combination of rural charm, natural attractions, and proximity to coastal activities contributes to its appeal as a serene destination within Western Australia. 

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