8 Favell St, Gunnedah is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 651m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Introducing 8 Favell Street - a young (12 months) 3 bedroom/2 bathroom + 2 bedroom/1 bathroom dual living investment opportunity on the eastern side of Gunnedah returning $920 per week ($47,840pa)
Resident 1 - features built-in robes & ceiling fans in all bedrooms, master bedroom with ensuite, reverse cycle split system air conditioning to tiled living areas with gas hob / electric oven and dishwasher in kitchen. Main bathroom with vanity / shower / bath and separate toilet, auto lock up garage with laundry facilities, fully fenced private back yard with outdoor undercover area. Leased for $490 per week
Resident 2 - features built-in robes & ceiling fans in all bedrooms, reverse cycle split system air conditioning to tiled living areas with gas hob / electric oven and dishwasher in kitchen. Bathroom with vanity / shower / bath and separate toilet, auto lock up garage with laundry facilities, fully fenced private back yard with outdoor undercover area. Leased for $430 per week.
The size of Gunnedah is approximately 519.0 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2016 was 9726 people. By 2021 the population was 10359 showing a population growth of 6.5% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation.In 2021, 65.40% of the homes in Gunnedah were owner-occupied compared with 63.00% in 2016.
Gunnedah has 5,896 properties. Over the last 5 years, Houses in Gunnedah have seen a 88.64% increase in median value, while Units have seen a 44.95% increase. As at 30 April 2026:
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