FOR SALE
Expressions of Interest

9 Gibson Street
Boorooma NSW 2650

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 9333m2
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Land Development Opportunity

Sited in an established modern suburban neighbourhood and offering one of the few remaining developmental opportunities of its kind-and that is good news for the developers amongst us. Building blocks are a rare commodity, especially in Wagga's northern suburbs, and subject to Wagga Wagga City Council approval, this development will attract a lot of attention from homeowners and builders alike.
A portion of the property includes an established and substantial homestead including four bedrooms, two bathrooms, and simply enormous garaging and shedding that has to be seen to be believed.
- total land proposed 9333 square metres
- R1 General Residential zoning
- masterplan approved for 11 residential blocks
- main access to the site via Gibson Street Boorooma
- proposed continuous access to development located on the eastern boundary
- headworks i.e. water, power, gas and sewerage in close proximity to the potential
subdivision
Boorooma is beautifully positioned in the heart of the expansive and developing 'northside' of Wagga. Servicing Charles Sturt University and the ever-expanding Anglican College, and providing amenities including a Chemist Wharehouse, pharmacy, supermarket, aged care facility, various eateries, liquor outlet, and a number of child care facilities, and the list continues to grow. The property will suit the developer and home owner alike, while the development potential, (STCA) will see values hold as demand escalates.
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Property Details for 9 Gibson St, Boorooma

9 Gibson St, Boorooma is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 9333m2. The place is currently for sale with Fitzpatricks Real Estate.

Building Type
House
Land Size
9333m2

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About Boorooma 2650

The size of Boorooma is approximately 1.6 square kilometres. The population of Boorooma in 2011 was 113 people. By 2016 the population was 869 showing a population growth of 669.0% in the area during that time. The predominant age group in Boorooma is 20-29 years. Households in Boorooma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boorooma work in a professional occupation. In 2011, 69.7% of the homes in Boorooma were owner-occupied compared with 72.4% in 2016.

Boorooma has 800 properties. Over the last 5 years, Houses in Boorooma have seen a 53.70% increase in median value, while Units have seen a 21.44% increase. As at 30 November 2024:

  • The median value for Houses in Boorooma is $753,913 while the median value for Units is $584,192.
  • Houses have a median rent of $600 while Units have a median rent of $485.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Boorooma on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Boorooma.

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Paul Gooden
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Dayna Kahlefeldt
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Fitzpatricks Real Estate
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