FOR SALE
under contract

50 Medways Lane
Gunning NSW 2581

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 559.9ac
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Enviable Country Lifestyle

Area & Tenure:
226.59 Hectares – 559.9 Acres Freehold
Situation:
50 Medways Lane Gunning. 3 kms west of Gunning fronting Medways Lane (All-weather) and Dalton Road. 40 kms Yass, 67 Km Canberra, 242 km Sydney & Goulburn 46km.
Description:
Fertile undulating open granite country. Predominantly natural grasses and clovers. Lightly scattered shade timber of Yellow Box and Gum. Mostly arable.
Watered by 11 dams. 19,000 gallons of rainwater storage in 4 tanks.
Long term average rainfall of 645 mm (25 – 26 inches).
Fenced into 11 main paddocks. Stockproof to good condition being a combination of hinge joint/barb and netting/barb.
Structural Improvements:
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Property Details for 50 Medways Lane, Gunning

Building Type
Rural
Land Size
559.9ac

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About Gunning 2581

The size of Gunning is approximately 78.8 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Gunning in 2011 was 485 people. By 2016 the population was 658 showing a population growth of 35.7% in the area during that time. The predominant age group in Gunning is 40-49 years. Households in Gunning are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gunning work in a professional occupation. In 2011, 76% of the homes in Gunning were owner-occupied compared with 77.1% in 2016.

Gunning has 554 properties. Over the last 5 years, Houses in Gunning have seen a 86.94% increase in median value, while Units have seen a 37.98% increase. As at 31 October 2024:

  • The median value for Houses in Gunning is $706,262 while the median value for Units is $407,871.
  • Houses have a median rent of $460.
There are currently 9 properties listed for sale, and 1 property listed for rent in Gunning on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Gunning.

Suburb Insights for Gunning 2581

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Thomas Johnson
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Cameron McIvor
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Schute Bell Badgert Lumby - Guildford
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.