Real Estate Gormans Hill, NSW, 2795 Bathurst Regional

Thinking about buying in Gormans Hill? Now could not be a better time, with a whopping 503 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $531,000 with prices in this suburb ranging from $345,000 to $1,068,000.

Distance to the coast is 147 Km.

Instant Valuation

Gormans Hill Real Estate Market Outlook

In Gormans Hill 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 Gormans Hill 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. A mix of professions and above average income earners in Gormans Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Gormans Hill to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

About

Household makeup

Median Weekly Rent $320.00
Median Monthly Mortgage $1690.00
Median Persons Per Bedroom 0.70
Average Household Size 3.00
Average Age 44.00
Average Income $1169.00
Average Cars Per Dwelling 2.89
Average Properties Within 50M 13.00

Typical Property Prices

4 Bed$1,564,286

Housing Stock

Houses for sale Gormans Hill

First National 5 INN PL, GORMANS HILL, NSW, 2795 4 2 2 Guide $900,000 - $990,000

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Gormans Hill 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
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

21-04-2023 $430,000 7 MCPHILLAMY AVE GORMANS HILL 2795
21-04-2023 $640,000 9 RUSSELL ST GORMANS HILL 2795
28-03-2023 $330,000 32 GORMANS HILL RD GORMANS HILL 2795
03-03-2023 $782,000 42 LYAL ST GORMANS HILL 2795
22-11-2022 $790,000 8 DEES CL GORMANS HILL 2795
04-10-2022 $1,285,000 196 GORMANS HILL RD GORMANS HILL 2795
19-08-2022 $486,500 19 GORMANS HILL RD GORMANS HILL 2795
23-06-2022 $550,000 18 DEES CL GORMANS HILL 2795
10-06-2022 $315,000 28 FISH PDE GORMANS HILL 2795
27-04-2022 $448,000 24 FISH PDE GORMANS HILL 2795
15-03-2022 $565,000 1 GORMANS HILL RD GORMANS HILL 2795
01-02-2022 $750,000 171 GORMANS HILL RD GORMANS HILL 2795
07-12-2021 $595,000 20 COOPER CRES GORMANS HILL 2795
12-11-2021 $282,000 60 FISH PDE GORMANS HILL 2795
26-10-2021 $280,000 14 RUSSELL ST GORMANS HILL 2795
29-09-2021 $405,000 8 FISH PDE GORMANS HILL 2795
27-09-2021 $1,280,000 48 LYAL ST GORMANS HILL 2795
20-09-2021 $700,000 16 RUSSELL ST GORMANS HILL 2795
25-08-2021 $1,040,000 86 GORMANS HILL RD GORMANS HILL 2795
01-06-2021 $360,000 13 GORMANS HILL RD GORMANS HILL 2795
18-05-2021 $299,000 29 FISH PDE GORMANS HILL 2795
07-05-2021 $425,000 21 DEES CL GORMANS HILL 2795
05-05-2021 $580,000 44 LYAL ST GORMANS HILL 2795
23-04-2021 $530,000 36 LYAL ST GORMANS HILL 2795
19-01-2021 $275,000 27 FISH PDE GORMANS HILL 2795
18-01-2021 $398,000 26 DEES CL GORMANS HILL 2795
15-01-2021 $680,000 5 / 45 UPFOLD ST GORMANS HILL 2795
25-11-2020 $980,000 210 GORMANS HILL RD GORMANS HILL 2795
09-09-2020 $875,000 210 GORMANS HILL RD GORMANS HILL 2795
09-09-2020 $1,500,000 165 BIDGERIBBIN RD GORMANS HILL 2795
31-08-2020 $900,000 22 UPFOLD ST GORMANS HILL 2795
07-08-2020 $3,496,000 491 GORMANS HILL RD GORMANS HILL 2795
05-08-2020 $430,000 16 RUSSELL ST GORMANS HILL 2795
10-07-2020 $297,500 34 GORMANS HILL RD GORMANS HILL 2795
18-06-2020 $360,000 17 GORMANS HILL RD GORMANS HILL 2795
02-06-2020 $420,000 8 RUSSELL ST GORMANS HILL 2795
13-05-2020 $372,500 1 / 28 DEES CL GORMANS HILL 2795
27-03-2020 $750,000 196 GORMANS HILL RD GORMANS HILL 2795
17-03-2020 $283,000 20 RUSSELL ST GORMANS HILL 2795
14-02-2020 $345,000 28 GORMANS HILL RD GORMANS HILL 2795
06-12-2019 $337,000 26 GORMANS HILL RD GORMANS HILL 2795
08-08-2019 $180,000 60 GORMANS HILL RD GORMANS HILL 2795
28-06-2019 $450,000 18 DEES CL GORMANS HILL 2795
27-06-2019 $690,000 192 GORMANS HILL RD GORMANS HILL 2795
27-06-2019 $415,000 12 DEES CL GORMANS HILL 2795
30-05-2019 $165,000 16 RUSSELL ST GORMANS HILL 2795
28-05-2019 $320,000 78 GORMANS HILL RD GORMANS HILL 2795
18-04-2019 $242,000 60 FISH PDE GORMANS HILL 2795
20-12-2018 $750,000 5 / 45 UPFOLD ST GORMANS HILL 2795
30-11-2018 $310,000 2 FISH PDE GORMANS HILL 2795

Internet Speed

Fibre to the Node

Fixed Wireless

Satellite


Nearby Suburbs

Orton ParkWhite RockSouth BathurstMount PanoramaPerthvilleBathurstMitchellKelsoWest BathurstRaglan

Public Transport

Tarana - Greater then 10KM Blayney - Greater then 10KM

General Points of Interest

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