Located in New South Wales within the Gilgandra local government area, Gilgandra is a smaller residential area (postcode 2827). With a population of 2,983, the suburb has a settled, mature resident base with a median age of 47. Households earn a median income of $56K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, professionals, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gilgandra is $195,000, having dropped significantly by 42.6% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 8.0%. The median monthly mortgage repayment is $1,062.
Gilgandra is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 890, which is well below the national average of 1,000. Public transport access includes 4 rail stations, 84 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Gilgandra LGA is moderate at 5,877 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 8.0% (high yield). Property prices sit below the state median ($195K/$1.5M), which can point to relative value. The price-to-income ratio of 3.5x is considered affordable. House prices have moved -42.6% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.