Gillenbah Real Estate, NSW, 2700 Narrandera

Thinking about buying in Gillenbah? Now could not be a better time, with just 87 residential dwellings it's a highly sought after location.

Distance to the coast is 335 Km.

Gillenbah Real Estate Market Outlook

In Gillenbah 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 Gillenbah 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 Gillenbah 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 Gillenbah 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.

About

Properties For Sale

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Gillenbah there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.119.034.620.066.04.328.2
Feb1.418.632.626.770.34.024.1
Mar2.515.728.833.779.33.619.4
Apr1.111.624.336.783.43.015
May0.77.218.946.591.23.011.3
Jun1.45.415.259.496.62.99.0
Jul1.15.014.657.494.33.19.4
Aug1.25.216.248.793.23.312.3
Sept0.47.020.834.283.13.817.8
Oct1.310.824.931.582.63.821.7
Nov1.214.329.124.677.43.926.0
Dec1.616.931.522.671.14.228.8

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

14-04-2022 $494,800 9401 STURT HWY GILLENBAH 2700
02-12-2021 $800,000 16294 NEWELL HWY GILLENBAH 2700
05-11-2021 $636,500 73 NEWELL HWY GILLENBAH 2700
04-05-2021 $46,000 9642 STURT HWY GILLENBAH 2700
08-02-2021 $1,060,000 16134 NEWELL HWY GILLENBAH 2700
01-02-2021 $1,650,000 16305 NEWELL HWY GILLENBAH 2700
12-11-2019 $150,000 9669 STURT HWY GILLENBAH 2700
08-08-2018 $3,491,600 228 BACK MORUNDAH RD NARRANDERA 2700
12-06-2018 $1,550,000 16305 NEWELL HWY GILLENBAH 2700
03-04-2017 $450,000 15952 NEWELL HWY GILLENBAH 2700
01-02-2017 $500,000 596 THE GAP ROAD GILLENBAH 2700
22-12-2016 $1,050,000 8813 STURT HWY GILLENBAH 2700
21-10-2016 $11,750,000 1083 BUCKINGBONG RD GILLENBAH 2700
19-09-2016 $955,000 16330 NEWELL HWY GILLENBAH 2700
19-09-2016 $955,000 16322 NEWELL HWY GILLENBAH 2700
21-08-2015 $132,000 16316 NEWELL HWY GILLENBAH 2700
14-08-2015 $578,000 323 DONALDSONS RD GILLENBAH 2700
05-08-2014 $290,000 13 GILLENBAH CREEK RD GILLENBAH 2700
28-04-2014 $302,500 16305 NEWELL HWY GILLENBAH 2700
29-05-2012 $500,000 16134 NEWELL HWY GILLENBAH 2700
28-02-2011 $115,000 16337 NEWELL HWY GILLENBAH 2700
15-02-2010 $650,000 16294 NEWELL HWY GILLENBAH 2700

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