111 Bakers LaneGumly Gumly NSW 2652
Property Details for 111 Bakers Lane, Gumly Gumly
Last Listing description (November 2023)
Colliers are pleased to present 111 Bakers Lane, Gumly Gumly to the market for sale via public auction. The property is a residential zoned parcel of 84 hectares* on the fringe of Wagga Wagga CBD, primed for development.
The property is in the booming region of Wagga Wagga which is experiencing tremendous growth in population and economy. The site area totals 84 hectares* on Bakers Lane, with an underlying R5 Large Lot Residential zoning - allows developers to prepare a subdivision to cater for market demand for larger lots.
- One of the largest private residential landholdings providing a significant site area of 84 hectares*, and 400m* frontage to Bakers Lane
- Concept subdivision and servicing plans for the site show an 82-lot subdivision and large residential residual lot, subject to council approval
- Located only 5 km from Wagga Wagga CBD - NSW's largest inland city. Less than 1km to Sturt Highway.
Services including water, sewer, power and gas are all available to the site
- Data Room available with list of consultant reports on the site to assist with site analysis
This is an incredible opportunity to capitalise on the residential demand in the area. Wagga has seen an increase in median house price of 65% over the past five years.^
The property will be sold by way of public auction on 23rd November 2023, held both online and in-room at Dexus Place, 1 Margaret Street Sydney NSW 2000.
Contact Colliers for more information.
*Approx.
^***
Property History for 111 Bakers Lane, Gumly Gumly, NSW 2652
- 16 Oct 2023Listed for Sale Please contact agent
- 04 Dec 2018Sold for $2,060,000
- 04 Sep 2018Sold
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0About Gumly Gumly 2652
The size of Gumly Gumly is approximately 12.4 square kilometres. There is 1 park, covering nearly 1.0% of the total area. The population of Gumly Gumly in 2016 was 312 people. By 2021 the population was 450 showing a population growth of 44.2% in the area during that time. The predominant age group in Gumly Gumly is 0-9 years. Households in Gumly Gumly are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gumly Gumly work in a managers occupation.In 2021, 84.30% of the homes in Gumly Gumly were owner-occupied compared with 80.40% in 2016.
Gumly Gumly has 285 properties. Over the last 5 years, Houses in Gumly Gumly have seen a 40.54% increase in median value, while Units have seen a 79.04% increase. As at 31 August 2026:
- The median value for Houses in Gumly Gumly is $1,147,843 while the median value for Units is $814,026.
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