OFF MARKET

1025 Old Bundarra Road
Gilgai NSW 2360

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 133540m2
Land area: 133540m2
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Property Details for 1025 Old Bundarra Rd, Gilgai

1025 Old Bundarra Rd, Gilgai is a 5 bedroom, 2 bathroom House and was built in 2021. The property has a land size of 133540m2 and floor size of 133540m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
2021
Floor Size
133540m2
Land Size
133540m2
Local Government
Inverell
Lot/Plan
36/DP753271

Last Listing description (June 2020)

AREA: 13.354 ha (33 ac) Freehold.

Inverell Shire Council Rates: $1,134.45p.a. Northern Tablelands LLS.


SITUATION: 2.5km from Gilgai, 13km from Inverell.

SERVICES: Single phase power. Phone service. Mail 5 times per week. School Bus at front gate. Primary and Secondary schools at Inverell. Air and rail services from Inverell to Brisbane & Sydney, Armidale/Tamworth/Moree to Sydney. Saleyards at Inverell, being the 6th largest selling centre in the state, weekly fat cattle sales, fortnightly sheep sales and monthly store cattle sales. Export abattoir at Inverell. 3 major feedlots in the Inverell area. Inverell is one of the major shopping and service centres of Northern NSW.

COUNTRY: Undulating. Altitude: Approx. 760m 790m ASL.

SOIL: Red soil, Granite.

ARABLE AREA: 9 ha (22ac).

PASTURE DEVELOPMENT: Clover, some fertiliser.

TIMBER: Apple, Stringy bark, Cypress pine. Large timbered area for stock shelter or potted propagation.

WATER: Unequipped bore at 150ft deep with water at 70ft. 2 solidly-built dams. Coin-operated potable water hydrant located in Gilgai.

RAINFALL: 711mm (28inch) p.a.

FENCING: Most in good to new condition. Subdivided into 3 paddocks.

STOCK YARDS: Timber cattle yards.

AGENTS REMARKS: Get that tree change you have been looking for! Rare size holding for this close to town. Blank canvas for permaculture project. Possibilities are only limited by your imagination.

Property Code: 557

Property History for 1025 Old Bundarra Rd, Gilgai, NSW 2360

A timeline of how this property has performed in the market
Last Sold
$155,000
27 May 2020
  • 27 May 2020
    Sold for $155,000
  • 23 Mar 2020
    Listed for Sale $160,000
  • 03 Mar 2019
    Sold for $70,000
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About Gilgai 2360

The size of Gilgai is approximately 80.6 square kilometres. It has 3 parks covering nearly 22.6% of total area. The population of Gilgai in 2011 was 704 people. By 2016 the population was 721 showing a population growth of 2.4% in the area during that time. The predominant age group in Gilgai is 50-59 years. Households in Gilgai are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gilgai work in a labourer occupation. In 2011, 82.4% of the homes in Gilgai were owner-occupied compared with 83.2% in 2016.

Gilgai has 362 properties. Over the last 5 years, Houses in Gilgai have seen a 117.40% increase in median value, while Units have seen a 48.23% increase. As at 30 November 2024:

  • The median value for Houses in Gilgai is $320,890 while the median value for Units is $374,233.
  • Houses have a median rent of $305.
There are currently 1 property listed for sale, and no properties listed for rent in Gilgai on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Gilgai.

Suburb Insights for Gilgai 2360

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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.