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Gum Flat
NSW, 2360 - Inverell

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.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Gum Flat Real Estate Market Outlook

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.


Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Gum Flat 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
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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
30-01-2009 $340,000 507 COPETON DAM RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Little PlainCopetonRob RoyAuburn ValeMount RussellInverellHowellMyall CreekRiverviewOakwood


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