Part of Snowy Valleys, NSW
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
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| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
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Thinking about buying in Gadara? Now could not be a better time, with just 39 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,261,000 with prices in this suburb ranging from $1,611,000 to $5,178,000. The approximate distance to the coast is 186 Km.
In Gadara 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 Gadara 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 Gadara 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 Gadara 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.
Instant Property Valuation| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2024-01-18 | $800,000 | 22 Adel Racecourse Road | Gadara, NSW |
| 2020-10-09 | $600,000 | 22 Adel Racecourse Road | Gadara, NSW |
| 2018-03-08 | $250,000 | 992 Snowy Mountains Hwy | Gadara, NSW |
| 2014-03-06 | $545,000 | 1 / 302 Reka Road | Gadara, NSW |
| 2013-08-08 | $860,000 | 822 Snowy Mountains Hwy | Gadara, NSW |
| 2013-06-12 | $1,720,000 | 1404 Snowy Mountains Hwy | Gadara, NSW |
| 2011-07-13 | $130,000 | 817 Snowy Mountains Hwy | Gadara, NSW |
| 2008-05-09 | $235,000 | 1390 Snowy Mountains Hwy | Gadara, NSW |
| 2007-12-14 | $1,120,000 | 587 Gadara Road | Gadara, NSW |
| 2005-07-01 | $1,217,500 | 1566 Snowy Mountains Hwy | Gadara, NSW |
| 2004-08-04 | $47,010,000 | 1340 Snowy Mountains Hwy | Gadara, NSW |
No local schools recorded within the suburb boundary.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 17.8 | 33.7 | 20.0 | 71.3 | 4.3 | 26.7 |
| Feb | 1.8 | 17.2 | 31.3 | 26.8 | 76.1 | 4.1 | 23.4 |
| Mar | 2.9 | 14.1 | 27.7 | 31.4 | 82.3 | 3.7 | 18.4 |
| Apr | 1.0 | 9.7 | 23.3 | 37.4 | 88.3 | 2.9 | 14.6 |
| May | 1.2 | 5.7 | 18.1 | 47.6 | 94.9 | 2.9 | 10.7 |
| Jun | 1.7 | 3.7 | 14.3 | 59.9 | 97.9 | 2.7 | 8.6 |
| Jul | 1.4 | 3.4 | 13.5 | 60.6 | 97.8 | 3.0 | 8.8 |
| Aug | 1.4 | 3.0 | 14.7 | 52.8 | 97.4 | 3.1 | 11.7 |
| Sept | 1.4 | 5.0 | 18.9 | 41.7 | 93.8 | 3.5 | 16.7 |
| Oct | 1.5 | 8.4 | 23.8 | 31.8 | 88.5 | 3.6 | 21.7 |
| Nov | 2.2 | 12.1 | 27.5 | 24.9 | 83.2 | 4.0 | 25.3 |
| Dec | 1.7 | 15.4 | 31.1 | 20.2 | 74.8 | 4.1 | 28.5 |
source: Australian Government Bureau of Meteorology
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