OFF MARKET

22 Myrtle Street
Gilgandra NSW 2827

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 960m2
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Last updated 11 Nov 2024
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Property Details for 22 Myrtle St, Gilgandra

22 Myrtle St, Gilgandra is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 960m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1920
Floor Size
85m2
Land Size
960m2
Local Government
Gilgandra
Lot/Plan
206/DP5104

Last Listing description (December 2020)

This simple 2 bedroom miners cottage has a long term tenant and is currently returning a huge 11% on the investment.

With a functional Bathroom and Kitchen, there is opportunity to modernise. A short walk to the CBD has this property ideally located. Schools, local park, pool, churches are all accessible by foot. Set on nearly a quarter acre block of land.


Whether this be your first investment or your first home, this property would be worth considering.




Potential buyers should take all steps necessary to satisfy themselves regarding the information contained herein.

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Property History for 22 Myrtle St, Gilgandra, NSW 2827

A timeline of how this property has performed in the market
Last Sold
$85,000
05 Nov 2020
Listed for Rent
$210/w
14 Oct 2016
  • 05 Nov 2020
    Sold for $85,000
  • 20 Oct 2020
    Listed for Sale SOLD - $85,000
  • 14 Oct 2016
    Listed for Rent - Price not available
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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.
There are currently 3 properties listed for sale, and no properties listed for rent in Gilgandra on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Gilgandra.

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