12 Morris StreetGilgandra NSW 2827
Property Details for 12 Morris St, Gilgandra
12 Morris St, Gilgandra is a 8 bedroom, 5 bathroom Unit. The property has a land size of 825m2. While the property is not currently for sale or for rent, it was last sold in May 2003.
Last Listing description (March 2013)
Block of units and house for further development
Block of 4 Brick Units
1X 2Bedroom & 3X 1Bedrooms
High Occupancy over the past 10 years.
Well maintained and nothing to spend
1X3 Bedroom House on adjoining block of 1200 square metres with opportunity to build more units
Rental of $440 perweek for units & $150 for house, or 9.5% Gross Return on asking price.
For further information and inspection, please phone David on 0416167603
Property History for 12 Morris St, Gilgandra, NSW 2827
- 08 Sep 2012Listed for Sale 320000
- 02 Nov 2011Listed for Sale 320000
- 01 May 2003Sold for $130,000
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About Gilgandra 2827
The size of Gilgandra is approximately 656.5 square kilometres. It has 18 parks covering nearly 0.5% of total area. The population of Gilgandra in 2011 was 3,144 people. By 2016 the population was 3,127 showing a population decline of 0.5% in the area during that time. The predominant age group in Gilgandra is 50-59 years. Households in Gilgandra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gilgandra work in a community and personal service occupation. In 2011, 65.4% of the homes in Gilgandra were owner-occupied compared with 64.1% in 2016.
Gilgandra has 1,884 properties. Over the last 5 years, Houses in Gilgandra have seen a 99.79% increase in median value, while Units have seen a -29.70% decrease. As at 31 October 2024:
- The median value for Houses in Gilgandra is $248,138 while the median value for Units is $241,872.
- Houses have a median rent of $300.
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