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Gilgai
NSW, 2360 - Inverell

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

LJ Hooker 24 WOOD ST, GILGAI, NSW, 2360 Beds3 Bathrooms1 Parking 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

We are currently collecting information for this location.

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
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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
29-07-2021 $185,000 19 SHORT ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Old MillAuburn ValeHowellBrodies PlainsStanniferStanboroughInverellTinghaLong PlainElsmore


General Points of Interest

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