Gilgooma is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 44, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $121K per year, with an average household size of 3 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, Aboriginal Australian, Irish.
The median house price in Gilgooma is $3.4 million, having surged 34.3% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $8,000.
Public transport access includes 10 bus stops. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Gilgooma offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($3.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.4x is considered stretched. House prices have moved +34.3% year-on-year.
Gilgooma is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 44, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $121K per year, with an average household size of 3 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, Aboriginal Australian, Irish.
The median house price in Gilgooma is $3.4 million, having surged 34.3% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $8,000.
Public transport access includes 10 bus stops. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Gilgooma offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($3.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.4x is considered stretched. House prices have moved +34.3% year-on-year.