Thinking about buying in Gingkin? Now could not be a better time, with just 102 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,216,000 with prices in this suburb ranging from $162,000 to $7,257,000. The aproximate distance to the coast is 94 Km.
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In Gingkin 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 Gingkin 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 Gingkin 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 Gingkin 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.
379 SHEEPSTATION FOREST RD, GINGKIN, NSW, 2787 | $630,000 |
None within suburb boundary
(While the above schools are located with the suburb of Gingkin there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
20-03-2024 | $550,000 | 93 TUGLOW RD |
15-02-2024 | $3,680,000 | 20 TUGLOW RD |
13-01-2023 | $860,000 | 93 MILLERS LANE |
04-08-2022 | $725,000 | 129 SPRINGMOUNT RD |
02-03-2022 | $1,100,000 | 225 BASTARD POINT RD |
01-11-2021 | $696,000 | 377 SHEEPSTATION FOREST RD |
05-05-2021 | $850,000 | 561 GINGKIN VALLEY RD |
21-09-2020 | $585,000 | 23 SHEEPSTATION FOREST RD |
18-08-2020 | $400,000 | 700 GINGKIN RD |
31-01-2020 | $285,000 | 383 SHEEPSTATION FOREST RD |
22-03-2019 | $370,000 | 339 KEITH ARMSTRONG RD |
23-11-2018 | $393,000 | 95 TUGLOW RD |
12-07-2018 | $595,000 | 385 SHEEPSTATION FOREST RD |
24-07-2017 | $5,450,000 | 41 EDITH RD |
08-05-2017 | $143,000 | 365 SHEEPSTATION FOREST RD |
14-02-2017 | $470,000 | 43 MILLERS LANE |
05-12-2016 | $335,000 | 93 TUGLOW RD |
28-11-2016 | $265,000 | 107 TUGLOW RD |
15-11-2016 | $275,000 | 243 SHEEPSTATION FOREST RD |
13-09-2016 | $485,000 | 105 TUGLOW RD |
26-06-2015 | $2,600,000 | 362 KEITH ARMSTRONG RD |
03-10-2014 | $750,000 | 397 GINGKIN VALLEY RD |
09-05-2014 | $350,000 | 409 GINGKIN RD |
28-03-2014 | $370,000 | 129 SPRINGMOUNT RD |
13-11-2013 | $200,000 | 95 TUGLOW RD |
18-12-2012 | $178,000 | 101 TUGLOW RD |
17-10-2012 | $230,000 | 899 GINGKIN RD |
05-09-2012 | $290,000 | 93 TUGLOW RD |
02-09-2011 | $335,000 | 752 GINGKIN RD |
20-12-2010 | $125,000 | 361 SHEEPSTATION FOREST RD |
18-05-2010 | $230,000 | 141 SHEEPSTATION FOREST RD |
04-05-2010 | $245,000 | 384 GINGKIN RD |
16-02-2010 | $290,000 | 563 GINGKIN VALLEY RD |
18-12-2009 | $366,000 | 143 SPRINGMOUNT RD |
31-07-2009 | $143,000 | 373 SHEEPSTATION FOREST RD |
04-03-2009 | $327,500 | 459 GINGKIN VALLEY RD |
02-08-2007 | $363,000 | 143 SPRINGMOUNT RD |
03-03-2006 | $550 | 363 FOREST RD |
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