All About Gilmore, Unincorporated ACT, ACT, 2905

Gilmore, located in the Unincorporated Australian Capital Territory, is a suburb that offers a unique blend of suburban comfort and proximity to natural beauty, making it an appealing locale in the region's housing market. This suburb, nestled within the Tuggeranong district, is characterized by a mix of detached houses and townhouses, often surrounded by lush greenery and offering views of the nearby Brindabella Ranges. The housing market in Gilmore is relatively stable, with properties typically offering good value compared to some of the more central areas of Canberra. It's popular among families and individuals who value quiet living environments that also provide convenient access to the amenities of larger city centers. The community-oriented atmosphere, combined with local parks and recreational spaces, adds to the suburb's attractiveness for potential homebuyers and renters alike.

Living in Gilmore offers a peaceful, family-friendly environment with a strong sense of community. The suburb benefits from its proximity to an array of amenities including local schools, shopping centers, and healthcare facilities, ensuring residents have access to essential services without needing to venture far. Public transportation options connect Gilmore effectively with the broader Canberra area, allowing for easy commuting. The suburb is also known for its outdoor lifestyle opportunities, with trails and nature reserves nearby, attracting those who enjoy activities such as hiking and biking. Additionally, the sense of safety and community engagement in Gilmore contributes to a quality of life that appeals to residents looking for a suburban retreat within reach of urban conveniences.

Gilmore Real Estate Market Outlook

Thinking about buying in Gilmore? Now could not be a better time, with 1103 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $843,000 with prices in this suburb ranging from $108,000 to $2,976,000. The aproximate distance to the coast is 99 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Gilmore are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Gilmore changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Gilmore to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Gilmore we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Gilmore a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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