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Gin Gin
NSW, 2823 - Narromine

Thinking about buying in Gin Gin? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,563,000 with prices in this suburb ranging from $1,980,000 to $3,709,000. The aproximate distance to the coast is 323 Km.

Household Makeup

Median Weekly Rent $199.50
Median Monthly Mortgage $1580.25
Median Persons Per Bedroom 0.78
Average Household Size 3.00
Average Age 39.75
Average Income $970.50
Average Cars Per Dwelling 2.70
Average Properties Within 50M 1

Housing Stock

Average Property Prices

Gin Gin Real Estate Market Outlook

In Gin Gin 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 Gin Gin 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. The slightly lower than average earnings from occupations in Gin Gin changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Gin Gin 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.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Gin Gin 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.

Gin Gin 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

18-08-2021 $2,585,000 1027 TRANGIE COLLIE RD
07-06-2021 $1,880,000 2956 WARREN RD
12-06-2020 $1,300,000 3314 WARREN RD
05-06-2019 $2,574,000 4172 WARREN RD
19-02-2019 $1,456,433 235 ELLENGERAH RD
28-03-2018 $3,032,840 440 WAMBIANNA SOLDIERS RD
29-09-2015 $350,000 1703 TRANGIE COLLIE RD
01-08-2014 $120,000 1750 TRANGIE COLLIE RD
28-02-2014 $258,000 47 WILSONS LANE
13-12-2013 $1,536,000 2255 WARREN RD
04-07-2012 $875,000 3314 WARREN RD
14-05-2012 $36,000 203 JEFFERIES RD
12-08-2011 $229,895 45 WILSONS LANE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BundemarTrangieBurrowayKickabilWarrenCollieCathundralRavenswoodBeemunnelRed Hill


General Points of Interest

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