12 Marsh St, Gilgai is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 2023m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
The Ray White Inverell Team present this property with a number of options. A comfortable 3 bedroom cottage with a sound long term tenancy history. Set on a very large residential allotment of 1954sqm. The home is positioned perfectly for a potential subdivision (subject to council approval). The allotment has a 40 metre street frontage and is 48.7 metres long. Improvements include 3 bedrooms, lounge with wood heating, combined kitchen and dining area, functional bathroom/laundry, large outdoor covered entertaining area. There is a double car-port, double colour bond garage with concrete floor and a small garden shed. The property has town water, sewer connected, weekly garbage collection and school bus back to Inverell. Situated in the quiet village of Gilgai just 10kms South of Inverell. The convenience store and petrol station are just 150 metres walk and the local Infants-Primary school 200 metres walk. Sporting facilities and parks are also close by. Currently returning $200 per week with the current very long term tenant. For further information contact Ron Berkley 0417-612 660, Tyler Berkley 0455-681 002, Robyn Fox 0447-223 799 of Ray White Real Estate Inverell 02-6722 3000
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:
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