Suburb Profile Report for Gilgai NSW (2360)

Gilgai House: Median price $202,500, Annual capital growth 4.77%, Number of sales 11, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Gilgai is in the bottom 40% in NSW when comparing median price capital growth over the last year. Gilgai gave property investors a disappointing capital gain figure when compared to the rest of the state, with 6.58%.

If we look at median property appreciation over just the last three months, Gilgai has given property investors a paper return of 3.18%. This puts Suburb as 729 on a list of fastest fasting appreciating suburbs in NSW

The NSW suburb of Gilgai, 2360 is in the Inverell local government area.

HOUSE UNIT
$202,500 N/A
3.18% N/A
6.58% N/A
4.77% N/A
N/A N/A
11 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 704
Median household income ($/weekly) 846
Median age of persons 40
Median housing loan repayment ($/monthly) 1200
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 104 14.8
    25-34 years 71 10.1
    35-44 years 95 13.5
    45-54 years 113 16.0
    55-64 years 97 13.8
    Others 225 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 264 52.2
    Not Married 187 37.0
    Defacto Relationship 55 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 601 92.6
    New Zealand 6 0.9
    Papua New Guinea 4 0.6
    South Africa 6 0.9
    United Kingdom 22 3.4
    Others 10 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 510 80.3
    No Religion 121 19.1
    Judaism 4 0.6
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 25 11.1
    $400-$599 42 18.6
    $600-$799 32 14.2
    $800-$999 30 13.3
    $1,000-$1,249 34 15.0
    Others 63 27.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 217 42.1
    Employed, worked full-time 159 30.9
    Employed, worked part-time 88 17.1
    Unemployed, looking for work 32 6.2
    Employed, away from work 19 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 37 13.7
    Professionals 29 10.7
    Technicians & trades workers 49 18.1
    Clerical & administrative workers 30 11.1
    Labourers 55 20.4
    Others 70 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 10 6.1
    Infants/Primary 73 44.5
    Secondary 44 26.8
    Technical or Further Educational Institution 21 12.8
    Other type of educational institution 9 5.5
    Others 7 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 658 99.1
    Caravan, cabin, houseboat 6 0.9
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 114 47.3
    Being purchased 92 38.2
    Rented 35 14.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals