Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

NSW › Gilgandra › Newell Hwy

1186 Newell Hwy, Gilgandra NSW 2827

For saleRural Property for Sale

$1,500,000

For sale

Asking

6

Bedrooms

3

Bathrooms

2

Car spaces

3,763,576.473 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,500,000(Listing record · 20 June 2025)
  • FactLand 3,763,576 m²; no building size recorded.(Property record)
  • CalculationAsk is 231% above the Gilgandra median recorded sale ($453,500, n=8, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gilgandra's advertised median rent ($325/wk), implied gross yield would be 1.13% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,500,000

Asking · $0/m² of land

No recorded sale for this property.

Gilgandra at a glance

2,960

People

$453,500

Median sale

$325/wk

Median rent

3.73%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Gilgandra report →

Vs Gilgandra

+230.8%

Median sale

Suburb $453,500

-2.60 pp

Gross yield

Suburb 3.73%

Suburb median $453,500 from 8 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,500,000
Stamp Duty (New South Wales)
$64,512
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,568,379

$68,379 on top of the price (4.6% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Gilgandra's advertised median rent — not a rent for this listing.

Net yield
-0.37%
Annual cashflow (pre-tax)
$-83,600
Interest cover (DSCR)
-0.07
Annual rent
$16,900
Operating expenses
$22,500
Loan amount
$1,200,000
Annual interest
$78,000
Gross yield
1.13%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,500,000available20 June 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $325/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Gilgandra in one glance

Gilgandra at a glance

2,960

People

$453,500

Median sale

$325/wk

Median rent

3.73%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Gilgandra report →

Keep researching

  • Why Gilgandra? Read the area thesis →
  • What else is on the market in Gilgandra →
  • Other records on Newell Hwy →

Listing material

Listed by Raine & Horne Dubbo

"Fair Oaks"

A rare opportunity to acquire scale, soil quality, and infrastructure in one of Central West NSW's productive and scenic pockets. Positioned just off the Newell Highway, "Fair Oaks" is a mixed-farming property that combines strong agricultural potential with peaceful rural living all within easy reach of key regional centres.

Land Size

Spanning approximately 376 hectares (930 acres), "Fair Oaks" offers broadacre potential in a location well-suited for both cropping and livestock. With well-established paddocks and an expansive footprint, the property provides flexibility for a range of primary production enterprises.

Read the full description

Soil

The property features highly arable soils, with roughly 80% of the land comprising productive black to red sandy loam. These soil types are ideal for cereal, pulse, and oilseed cropping, with good structure and moisture retention.

Farming Country

The farming country has undergone significant soil improvement, with all cropping land deep ripped in 2025 to enhance productivity and soil health. Approximately 600 acres have previously been under crop, with the current season sown entirely to Fabar beans-a valuable pulse known for soil enrichment and market value.

Share Farming Arrangement

A successful share farming agreement is in place, currently operating on an 80/20 basis with the existing share farmer. This arrangement can be continued or renegotiated, providing an opportunity for passive income or a smooth transition for hands-on farming operators.

Timber & Land

The southeastern portion of the property includes approximately 230 acres of mature ironbark timber, offering potential for selective harvesting or conservation. In addition, native species such as gums and cypress pine are scattered throughout, enhancing the property's biodiversity and natural appeal.

Fencing

Internal fencing has been mostly removed to accommodate large-scale cropping, while boundary fencing is in place but would benefit from refurbishment. The layout lends itself well to broadacre operation or could be reconfigured to suit livestock enterprises.

Water

Water is a key feature of "Fair Oaks", with a fully equipped bore producing approximately 300 gallons per hour from a depth of around 190 feet. The bore feeds into a trough system and is complemented by seven strategically placed dams. The region enjoys a reliable annual rainfall of approximately 24-26 inches, adding confidence to seasonal operations.

Homestead

The property offers extensive living and working infrastructure. Two separate three-bedroom homes are connected by a shared veranda making it a spacious six-bedroom, two-bathroom residence featuring dual kitchens, two wood fires, and ducted evaporative cooling. An above-ground swimming pool and a covered veranda with stunning views of the Warrumbungles make the home ideal for entertaining or relaxing after a day on the land. The manicured lawns and gardens, all fed from the bore, add a charming touch to this productive working farm.

Sheds, Solar & Additional Facilities

Infrastructure includes two main sheds-a machinery shed, a workshop shed, and a container shed-plus an old wool shed measuring approximately 17m x 25m that is currently used for storage. The property is also fitted with 18 solar panels, reducing energy costs and improving sustainability for off-grid or remote operations.

Location

Strategically located approximately 23km from Gilgandra, 88km from Dubbo, and just 450km west of Sydney, "Fair Oaks" offers rural tranquillity without sacrificing access to services, markets, and transport routes.

Whether you're seeking a productive broadacre cropping platform, a livestock holding, or a lifestyle property with scale and scenery, "Fair Oaks" delivers. With its combination of soil, water, infrastructure, and location, this property stands out as a flexible and high-potential opportunity in the heart of Central West NSW.

Listing description written by Simon Scoles, Raine & Horne Dubbo — reproduced as published, not verified by Districts.

Also look at

Also for sale in Gilgandra

  • 23 Waugan St, Gilgandra NSW 2827

    3-bed house for sale. Asking $350K.

    For sale
  • 75 Wamboin St, Gilgandra NSW 2827

    4-bed house for sale. Asking $425K.

    For sale
  • Hercules Pl, Gilgandra NSW 2827

    0-bed land. Asking $83K–$99K.

    For sale
  • 168 Lower Miller St, Gilgandra NSW 2827

    3-bed house for sale. Asking $475K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.