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NSW › Gilgandra › Castlereagh Hwy

1447 Castlereagh Hwy, Gilgandra NSW 2827

Rural Property

$3,050,000

Last sold

17 May 2023

0

Bedrooms

0

Bathrooms

0

Car spaces

5,685,833.273 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $3,050,000 (17 May 2023).(Recorded sale)
  • FactLand 5,685,833 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Gilgandra (last 5 years) with land size: median $6/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Infrastructure (SP2) under the Gilgandra Local Environmental Plan 2011.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

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?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$3,050,000

17 May 2023 · derived via latest_sale

Local land rate: recorded Rural Property sales in Gilgandra (last 5 years) with land size have a median of $6/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

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

+572.5%

Median sale

Suburb $453,500

-3.18 pp

Gross yield

Suburb 3.73%

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

Planning

Planning and development

Planning scheme

Gilgandra Local Environmental Plan 2011

Zone

Infrastructure

SP2

Jurisdiction

Gilgandra

Gilgandra, NSW

Planning overlays

  • heightNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 170411923

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 detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$3,050,00017 May 2023
  2. Listedprice unknowncompleted5 Apr 2023
  3. Listedprice unknowncompleted5 Apr 2023

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?

Confidence: medium

Zoned Infrastructure · SP2 (Gilgandra Local Environmental Plan 2011). Official parcel area about 3,008,325 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Infrastructure · SP2 (Gilgandra Local Environmental Plan 2011). Official parcel area about 3,008,325 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 3,008,325 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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 Castlereagh Hwy →

Listing material

Listed by McCulloch Agencies

Prime Mixed Farming Property

1405 Acres of self mulching black soils to rich red loam make this property an ideal foundation for a mixed farming operation. With ground preparation maintained throughout summer, recent high rainfall and inclusion of winter season crops in the sale, this property provides an unique opportunity to purchase mid production and reap the rewards this season.

Water is an asset to the property with two fitted bores plus the tanks & pipe system supplying the property, both bores can service the farm irrespective of each other. In addition to the concrete stock troughs there is four in-ground dams, one if which can be fed from the eastern bore guaranteeing water supply.

Majority of fencing is new with the current owners renewing and replacing in the past 10 years, with new end assemblies and gates for the purposes of holding Goats, Sheep & Cattle. New steel cattle yards have been installed recently with an estimated capacity of 150 to 200 head and comes complete with cattle crush and loading ramp. Joining the cattle yard is the steel sheep/goat yards with race, adjustable loading ramp and high construction for goats.

Read the full description

Timbered grazing provides green space to 12% of the property whilst still providing strong income generation through grazing. Partitioned by the Coonamble train line which is predominantly used for transport of grain post harvest, highway access joins both portions of the property and provides all year round access to the yards & main bore.

Selling via public auction at Curban Community Hall on 17th May 2023 at 12 noon.

• 1405 Acres / 569 Hectares

• Current season crops included in sale of property

• 2 Bores fitted with solar & 240 volt power

• 7 Water tanks

• 4 Dams plus concrete troughs

• Majority new fencing throughout the property

• New steel cattle yards & cattle crush

• Steel sheep/goat yards

• Two loading ramps

• Highway frontage

• 11km to Gilgandra

• 75km to Dubbo

• 398km to Newcastle

• Average annual rainfall of 545mm/21.4inches

• Council rates approx. $6,907 per annum.

• RU1 Primary production zoning

• Above minimum land lot size of 500ha for dwelling entitlement

An ideal foundation block to build your dream farm or additional block for your current operation, this is an opportunity not to be missed. Contact us today for a full information memorandum or to book an inspection.

Mark Mudford | 0419 637 543

Daniel McCulloch | 0429 613 332

Listing description written by Mark Mudford, McCulloch Agencies — reproduced as published, not verified by Districts.

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

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