FOR SALE
$197,500

16 Millennium Court
Gulgong NSW 2852

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 616.7m2
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Milennium Estate - Lot 208

Seize the rare chance to build on a 616.7m² parcel in the highly desirable Millennium Estate. With its minimal slope, this ideal site is perfect for creating a dream family home or a lucrative investment. Take advantage of excellent rental yields and optimal living conditions within this master-planned community, while enjoying the welcoming atmosphere of Gulgong township.
- 616.7m2 allotment, minimal gradient
- Minimal easements affecting lot
- Walking distance to Gulgong
- Established area, projected for future growth
- Reside peacefully or invest with confidence
- Ask us about designing a custom house and land package
- Registration is expected last quarter of 2024.

Property Details for 16 Millennium Court, Gulgong

Building Type
Land
Land Size
616.7m2

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About Gulgong 2852

The size of Gulgong is approximately 101 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Gulgong in 2011 was 2,382 people. By 2016 the population was 2,491 showing a population growth of 4.6% in the area during that time. The predominant age group in Gulgong is 0-9 years. Households in Gulgong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gulgong work in a trades occupation. In 2011, 68.4% of the homes in Gulgong were owner-occupied compared with 67.8% in 2016.

Gulgong has 1,618 properties. Over the last 5 years, Houses in Gulgong have seen a 90.53% increase in median value, while Units have seen a 78.08% increase. As at 30 September 2024:

  • The median value for Houses in Gulgong is $532,356 while the median value for Units is $466,982.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 34 properties listed for sale, and 12 properties listed for rent in Gulgong on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Gulgong.

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Adam Woods
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MCGRATH CENTRAL TABLELANDS
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