Thinking about buying in Gum Flat? Now could not be a better time, with just 105 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $876,000 with prices in this suburb ranging from $495,000 to $1,479,000. The aproximate distance to the coast is 207 Km.
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In Gum Flat 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 Gum Flat 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 Gum Flat 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 Gum Flat 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.
Gum Flat Public School
(While the above schools are located with the suburb of Gum Flat 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 | 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
22-05-2024 | $427,000 | 826 WILTSHIRE RD |
15-09-2023 | $449,000 | 1539 COPETON DAM RD |
30-05-2023 | $1,080,000 | 356 EDDY PARK LANE |
17-04-2023 | $5,700,000 | 530 FOXS LANE |
31-03-2023 | $200,000 | 247 TRAFALGAR LANE |
13-01-2023 | $649,000 | 31 BEAULIEU LANE |
01-12-2022 | $1,320,000 | 508 COPETON DAM RD |
17-06-2022 | $650,000 | 115 HOUGHS LANE |
31-01-2022 | $640,000 | 1791 COPETON DAM RD |
10-12-2021 | $470,000 | 3 THOMAS LANE |
31-08-2021 | $1,168,130 | 155 BEAULIEU LANE |
06-08-2021 | $295,000 | 950 COPETON DAM RD |
07-05-2021 | $1,600,000 | 265 GOWRIE RD |
26-04-2021 | $1,395,000 | 10 GOWRIE RD |
07-04-2021 | $445,000 | 1516 COPETON DAM RD |
29-01-2021 | $1,650,000 | 1733 COPETON DAM RD |
21-12-2020 | $475,000 | 303 FOXS LANE |
27-11-2020 | $500,000 | 536 COPETON DAM RD |
06-08-2020 | $120,000 | 1601 COPETON DAM RD |
10-07-2020 | $1,015,000 | 500 HAVILAH PARK RD |
01-07-2020 | $245,000 | 826 WILTSHIRE RD |
23-04-2020 | $825,000 | 123 GLENWOOD RD |
20-04-2020 | $540,000 | 788 COPETON DAM RD |
17-05-2019 | $350,000 | 126 EDDYS LANE |
18-01-2019 | $710,000 | 76 THOMAS LANE |
19-05-2017 | $435,000 | 472 EDDY PARK LANE |
13-01-2017 | $125,000 | 1605 COPETON DAM RD |
07-10-2016 | $185,000 | 938 COPETON DAM RD |
05-10-2016 | $550,000 | 145 KRAUSES RD |
31-03-2016 | $800,000 | 665 COPETON DAM RD |
26-08-2015 | $1,040,000 | 124 THOMAS LANE |
20-05-2015 | $1,255,000 | 793 COPETON DAM RD |
22-04-2015 | $82,000 | 826 WILTSHIRE RD |
14-11-2014 | $550,000 | 100 FOXS LANE |
23-04-2014 | $350,000 | 492 EDDY PARK LANE |
19-12-2013 | $1,500,000 | 1640 COPETON DAM RD |
08-02-2013 | $230,000 | 18 HOUGHS LANE |
18-12-2012 | $355,000 | 76 THOMAS LANE |
23-11-2012 | $190,000 | 930 COPETON DAM RD |
10-08-2012 | $185,000 | 950 COPETON DAM RD |
05-07-2012 | $175,000 | 932 COPETON DAM RD |
01-06-2012 | $375,000 | 492 EDDY PARK LANE |
15-05-2012 | $355,000 | 788 COPETON DAM RD |
28-11-2011 | $100,000 | 1605 COPETON DAM RD |
01-04-2011 | $260,000 | 1516 COPETON DAM RD |
03-02-2011 | $625,000 | 500 HAVILAH PARK RD |
07-01-2011 | $405,000 | 698 COPETON DAM RD |
08-12-2010 | $185,000 | 1601 COPETON DAM RD |
30-06-2009 | $340,000 | 3 THOMAS LANE |
23-04-2009 | $185,000 | 35 HOUGHS LANE |
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