Gilmore is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 229, the suburb has a mature demographic with a median age of 45. Households earn a median income of $92K per year, with an average household size of 2.8 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Gilmore is $650,000, having dropped significantly 24.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,820.
Public transport access includes 27 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Gilmore offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -24.4% year-on-year.
Gilmore is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 229, the suburb has a mature demographic with a median age of 45. Households earn a median income of $92K per year, with an average household size of 2.8 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Gilmore is $650,000, having dropped significantly 24.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,820.
Public transport access includes 27 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Gilmore offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -24.4% year-on-year.