40-42 Wood StreetLong Gully VIC 3550
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Property Details for 40-42 Wood St, Long Gully
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About Long Gully 3550
The size of Long Gully is approximately 3.4 square kilometres. It has 3 parks covering nearly 2% of total area. The population of Long Gully in 2011 was 3,338 people. By 2016 the population was 3,369 showing a population growth of 0.9% in the area during that time. The predominant age group in Long Gully is 20-29 years. Households in Long Gully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Long Gully work in a labourer occupation. In 2011, 56.7% of the homes in Long Gully were owner-occupied compared with 53.3% in 2016.
Long Gully has 1,920 properties. Over the last 5 years, Houses in Long Gully have seen a 45.52% increase in median value, while Units have seen a 51.76% increase. As at 31 October 2024:
- The median value for Houses in Long Gully is $451,972 while the median value for Units is $388,496.
- Houses have a median rent of $430 while Units have a median rent of $400.
Suburb Insights for Long Gully 3550
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