FANTASTIC INVESTMENT
This fantastic rural estate measuring a large 2.2 hectares (5 acres), zoned Rural resource, with a very liveable 6 bedroom 2 bathroom (in total) property which would suit 2 families or live in one and rent out the other side. This property currently has a lease over half of the block and rented by a market gardener. The property also has a water licence.
This fast developing area, where you will find quality homes and estates, would suit someone looking for that rural lifestyle for now, with the future potential for rezoning. Secure at today's prices and use it as your superannuation in the future.
The size of Gnangara is approximately 14.8 square kilometres. It has 9 parks covering nearly 41.9% of total area. The population of Gnangara in 2011 was 1,191 people. By 2016 the population was 1,110 showing a population decline of 6.8% in the area during that time. The predominant age group in Gnangara is 50-59 years. Households in Gnangara are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Gnangara work in a clerical occupation. In 2011, 91.1% of the homes in Gnangara were owner-occupied compared with 91.8% in 2016.
Gnangara has 1,020 properties. Over the last 5 years, Houses in Gnangara have seen a 84.09% increase in median value, while Units have seen a 120.55% increase. As at 31 October 2024:
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