Gilgandra, NSW
OVERVALUED2,404 sales · 36 years of data · NSW, Australia
Gilgandra, NSW Property Market Overview
Gilgandra, NSW, 2827, is a regional town offering a unique property market landscape. With 36 years of recorded sales data, AusPropertyInsights.app provides a comprehensive analysis of its market trends. The total recorded sales in Gilgandra amount to 2,404, providing a solid base for understanding its historical performance.
Currently, the median property price in Gilgandra is $345,000, reflecting the combined median for houses and apartments. The median house price also sits at $345,000, while the median apartment price is $217,500. Gilgandra's property market presents a blend of established housing and limited apartment options, shaping its appeal to various buyer demographics. This analysis aims to provide a clear picture of Gilgandra's property dynamics, assisting those interested in understanding its market behaviour.
Property Mix
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Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Gilgandra
Top streets in Gilgandra, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Miller St | $300,000 |
| 2 | Warren Rd | $282,500 |
| 3 | Dudley St | $350,000 |
| 4 | Federation St | $667,000 |
... and 123 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Bobs St | $280/m² |
| 2 | Hall St | $313/m² |
| 3 | Miller St | $383/m² |
| 4 | Warren Rd | $306/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Castlereagh St | -4.8% |
| 2 | Wamboin St | +4.6% |
| 3 | Warren Rd | +8.3% |
| 4 | Strickland St | +6.5% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Gilgandra analysis
127 streets and 4 buildings to explore
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Gilgandra at a Glance
Gilgandra, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Gilgandra, NSW
Life in Gilgandra offers a relaxed, rural lifestyle with a strong sense of community. Gilgandra is serviced by Gilgandra Public School and Gilgandra High School, catering to families with children. While Gilgandra doesn't have a train station, it is well-connected by road, making it accessible to nearby towns. The main shopping area features local businesses and essential services, providing residents with their daily needs.
Gilgandra is known for its picturesque parks and open spaces, offering opportunities for outdoor activities and recreation. The Gilgandra Observatory is a notable attraction, drawing visitors interested in astronomy. The overall vibe of Gilgandra is one of a close-knit, welcoming community, where residents value the peace and quiet of rural living.
Who Buys in Gilgandra?
The typical buyer in Gilgandra is often a family seeking a more affordable and relaxed lifestyle compared to larger urban centres. The low strata percentage and predominantly detached houses appeal to families looking for space and a backyard. The median house price of $345,000 may attract first home buyers, particularly those willing to commute or work remotely. While the 10-year CAGR of 4.8% and 20-year CAGR of 5.9% may interest some investors, the limited apartment options and low rental yields suggest that owner-occupiers are the dominant force in Gilgandra's market.
Market Analysis
Gilgandra's property market, according to our analysis, is currently above its long-term trend, placing it in overvalued territory. This indicates that current property values in Gilgandra are elevated compared to their historical average, based on our proprietary cycle analysis.
This cycle position doesn't necessarily imply an imminent price correction, but it does suggest that potential buyers should exercise caution and conduct thorough due diligence. The overvalued label means that Gilgandra's market has experienced significant growth, and future growth may be slower or more volatile compared to periods when the market was undervalued or at fair value. AusPropertyInsights.app provides tools to assist in this analysis.
Is Gilgandra a Good Investment?
Analysing Gilgandra's growth patterns reveals a market driven by affordability and lifestyle factors. The historical CAGRs of 4.8% over 10 years and 5.9% over 20 years indicate consistent, albeit moderate, property value appreciation. While not exhibiting the explosive growth seen in some metropolitan areas, Gilgandra offers a stable and steady investment environment.
The current cycle position indicates that Gilgandra is above its long-term trend. This suggests that prices have risen significantly in recent years, and potential future growth might be more constrained. However, the strong sense of community and ongoing demand for affordable housing continue to underpin property values in Gilgandra. AusPropertyInsights.app provides data to analyse these trends.
Gilgandra Market Outlook
As of early 2026, Gilgandra's property market remains above its long-term trend. While prices have seen steady growth in recent years, the current cycle position suggests a period of potential stabilisation or slower growth ahead. Demand for houses in Gilgandra continues to be driven by affordability and lifestyle factors, but potential buyers should be aware of the current market conditions. Ongoing monitoring of market indicators is essential for understanding the future trajectory of Gilgandra's property values.
Streets & Location in Gilgandra, NSW
Gilgandra, postcode 2827, features a total of 127 streets, each contributing to the suburb's unique character. Data analysis reveals that WARREN RD, FEDERATION ST, and MYRTLE ST are among the streets with the highest median property prices in Gilgandra. These streets may offer larger blocks, superior views, or proximity to key amenities. Gilgandra's location within NSW contributes to its appeal, offering a blend of rural charm and accessibility to larger regional centres.
Market Dynamics
Property transactions in Gilgandra typically take around 40 days to settle, reflecting a relatively efficient market process. The 'quick-flip' percentage is not applicable for Gilgandra, suggesting that speculative buying and selling are not prevalent in this market. This longer settlement timeframe may be indicative of more considered purchasing decisions by owner-occupiers rather than short-term investors. The slower pace reflects a more stable and less volatile market environment in Gilgandra.
Development & Density
Gilgandra has a relatively low development density, with only 4 apartment buildings within the suburb. This limited number of apartments contributes to the low strata percentage of 0.3%, highlighting the dominance of detached houses in Gilgandra's property landscape. This preference for houses over apartments shapes the suburb's character and appeal to certain buyer demographics. The lack of high-density development contributes to Gilgandra's rural feel and lower population density.
Growth & Property Mix
Over the past decade, Gilgandra's property market has seen a Compound Annual Growth Rate (CAGR) of 4.8%. Looking back further, the 20-year CAGR stands at 5.9%, indicating a longer-term trend of consistent growth. Over the full 36-year period of available data, the CAGR is 3.6%. The property mix in Gilgandra is predominantly houses, with apartments representing a small fraction (0.3%) of the total property stock, reflected in the strata percentage.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.