All About Gumly Gumly, Wagga Wagga, NSW, 2652

Gumly Gumly, a serene suburb of Wagga Wagga in New South Wales, offers a unique slice of rural charm coupled with the amenities of a city close by. The housing market in Gumly Gumly tends to reflect its relaxed, semi-rural setting, with properties that often boast generous blocks of land and are surrounded by picturesque countryside. Unlike the more densely populated areas of Wagga Wagga, Gumly Gumly presents opportunities for those seeking space and tranquility, making it an attractive choice for families, retirees, and anyone desiring a quieter lifestyle. Housing here is often more affordable compared to the national average, offering great value for money for those looking to invest in property or settle in a peaceful community.

Living in Gumly Gumly is an experience characterized by easy access to natural beauty and a harmonious blend of rural and suburban life. Residents enjoy the proximity to the bustling city center of Wagga Wagga, which is just a short drive away, providing access to shopping, dining, cultural events, and educational facilities. Despite its close proximity to urban amenities, Gumly Gumly retains a distinct rural feel, with wide open spaces, farmlands, and the scenic beauty of the Murrumbidgee River nearby. This makes it an ideal place for outdoor enthusiasts who enjoy activities like hiking, fishing, and bird watching. The community is tight-knit and welcoming, providing a strong sense of belonging for those who choose to call this charming suburb home.

Gumly Gumly Real Estate Market Outlook

Thinking about buying in Gumly Gumly? Now could not be a better time, with just 343 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $899,000 with prices in this suburb ranging from $57,000 to $5,085,000. The aproximate distance to the coast is 256 Km.

In Gumly Gumly there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Gumly Gumly is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Gumly Gumly provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Gumly Gumly 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 Gumly Gumly 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 Gumly Gumly 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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