Suburb Profile Report for Gilgandra NSW (2827)

Gilgandra House: Median price $170,000, Annual capital growth 4.59%, Number of sales 39, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report

Investment property in Gilgandra has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.29%

Over the longer term, Gilgandra has seen property prices show investors a -5.56% return over the last 3 years. This is an improvement over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Gilgandra itself are offering an average vendor discount of -8.83% to real estate investors.

Residents and property investors in Gilgandra have been waiting around 135.36 days to sell a property.

The NSW suburb of Gilgandra, 2827 is in the Gilgandra local government area.

Metrics i HOUSE UNIT
$170,000 N/A
-2.86% N/A
-5.29% N/A
4.59% N/A
$245 N/A
39 N/A
7.49% N/A
135.36 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3144
Median household income ($/weekly) 727
Median age of persons 43
Median housing loan repayment ($/monthly) 964
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 432 13.7
    35-44 years 352 11.2
    45-54 years 454 14.4
    55-64 years 378 12.0
    65-74 years 365 11.6
    Others 1162 37.0
    Age Group
    Census Count Percent(%)
    Registered Married 1044 48.7
    Not Married 901 42.0
    Defacto Relationship 199 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2815 95.7
    Papua New Guinea 18 0.6
    United Kingdom 29 1.0
    United States of America 10 0.3
    Other 13 0.4
    Others 57 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.4
    Christianity 2555 87.8
    Islam 6 0.2
    Other Religious Groups 6 0.2
    No Religion 323 11.1
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 148 14.4
    $400-$599 176 17.1
    $600-$799 155 15.1
    $800-$999 109 10.6
    $1,500-$1,999 87 8.5
    Others 353 34.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1080 45.6
    Employed, worked full-time 710 30.0
    Employed, worked part-time 411 17.3
    Unemployed, looking for work 100 4.2
    Employed, away from work 69 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 185 15.5
    Professionals 157 13.2
    Technicians & trades workers 177 14.9
    Community & personal service workers 184 15.5
    Labourers 169 14.2
    Others 318 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 52 7.9
    Infants/Primary 258 39.2
    Secondary 218 33.1
    Technical or Further Educational Institution 73 11.1
    University or other Tertiary Institutions 47 7.1
    Others 11 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2565 91.0
    Semi-detached, row or terrace house, townhouse 3 0.1
    Flat, unit or apartment 202 7.2
    Caravan, cabin, houseboat 20 0.7
    House or flat attached to a shop, office 26 0.9
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 488 42.3
    Rented 361 31.3
    Being purchased 296 25.6
    Other tenure type 10 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals