Thinking about buying in Gilgai? Now could not be a better time, with just 369 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $413,000 with prices in this suburb ranging from $53,000 to $1,339,000. The aproximate distance to the coast is 189 Km.
Household Makeup
| Median Weekly Rent | $248.00 |
| Median Monthly Mortgage | $1083.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 46.00 |
| Average Income | $519.00 |
| Average Cars Per Dwelling | 2.12 |
| Average Properties Within 50M | 2 |
Housing Stock
Average Property Prices
| 1 Bed $313,000 |
| 2 Bed $250,000 |
| 3 Bed $428,000 |
| 4 Bed $561,000 |
| 5 Bed $350,000 |
Gilgai Real Estate Market Outlook
In Gilgai there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Gilgai is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Gilgai leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Gilgai the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Houses for sale Gilgai
|
24 wood st, gilgai, nsw, 2360 |  3 |
 1 |
 2 |
$329,000 |
Local Schools
Gilgai Public School
(While the above schools are located with the suburb of Gilgai there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Gilgai weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
| Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
| Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
| Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
| May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
| Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
| Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
| Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
| Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
| Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
| Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
| Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 31-10-2024 | $620,000 | 27 PONDS RD |
| 27-08-2024 | $350,000 | 57 SCHWENKES LANE |
| 17-06-2024 | $295,000 | 5 STANNIFER ST |
| 25-03-2024 | $270,000 | 12 WOOD ST |
| 22-03-2024 | $670,000 | 15 MONTEREY RD |
| 15-03-2024 | $675,000 | 26 HANSDALE LANE |
| 08-03-2024 | $240,000 | 10 WOOD ST |
| 14-02-2024 | $250,000 | 24 WOOD ST |
| 25-01-2024 | $299,000 | 13 CHURCH ST |
| 22-09-2023 | $229,000 | 30 MARSH ST |
| 04-09-2023 | $715,000 | 25 HANSDALE LANE |
| 25-08-2023 | $400,000 | 52 BONVALE RD |
| 18-05-2023 | $620,000 | 997 OLD BUNDARRA RD |
| 10-05-2023 | $290,000 | 34 MARSH ST |
| 28-04-2023 | $220,000 | 6 PARK ST |
| 17-04-2023 | $238,000 | 12 MARSH ST |
| 14-04-2023 | $825,000 | 1010 OLD BUNDARRA RD |
| 14-04-2023 | $598,000 | 311 OLD STANNIFER RD |
| 14-04-2023 | $825,000 | 1010 OLD BUNDARRA RD |
| 14-04-2023 | $598,000 | 311 OLD STANNIFER RD |
| 30-03-2023 | $200,000 | 13 CHURCH ST |
| 18-01-2023 | $366,000 | 15283 GUYRA RD |
| 09-01-2023 | $260,000 | 2966 BUNDARRA RD |
| 20-12-2022 | $577,500 | 3478 BUNDARRA RD |
| 04-11-2022 | $520,000 | 1331 OLD BUNDARRA RD |
| 01-09-2022 | $465,000 | 106 OLD STANNIFER RD |
| 04-08-2022 | $155,000 | 15263 GUYRA RD |
| 20-06-2022 | $400,000 | 49 HALL ST |
| 16-06-2022 | $320,000 | 3612 BUNDARRA RD |
| 09-06-2022 | $269,000 | 32 PARK ST |
| 03-06-2022 | $225,000 | 22 CHURCH ST |
| 03-06-2022 | $450,000 | 15279 GUYRA RD |
| 03-06-2022 | $225,000 | 22 CHURCH ST |
| 03-06-2022 | $450,000 | 15279 GUYRA RD |
| 02-06-2022 | $430,000 | 1 STANNIFER ST |
| 02-06-2022 | $800,000 | 261 OLD STANNIFER RD |
| 02-06-2022 | $430,000 | 1 STANNIFER ST |
| 02-06-2022 | $800,000 | 261 OLD STANNIFER RD |
| 23-05-2022 | $710,000 | 15202 GUYRA RD |
| 15-03-2022 | $475,000 | 273 PONDS RD |
| 20-01-2022 | $355,000 | 15247 GUYRA RD |
| 21-12-2021 | $575,000 | 1070 OLD BUNDARRA RD |
| 17-12-2021 | $505,000 | 15195 GUYRA RD |
| 18-10-2021 | $385,000 | 446 OLD STANNIFER RD |
| 15-10-2021 | $320,000 | 3 CHURCH ST |
| 13-10-2021 | $268,000 | 12 MELIA CL |
| 30-09-2021 | $550,000 | 9 MARSH ST |
| 20-09-2021 | $412,000 | 970 OLD BUNDARRA RD |
| 02-09-2021 | $385,000 | 94 WETZLERS DR |
| 23-08-2021 | $445,000 | 27 PONDS RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Inverell Golf Course - Less than 10 KM
New England Woodturning and Sculptures - Less than 2 KM
The Slot - Less than 10 KM
Thunderbolt Rock - Less than 10 KM
Goonoowigall Falls - Less than 10 KM
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