Question 1

Is Gilead a nice place to live?

Accepted Answer

Gilead is a semi-rural pocket in Sydney’s Macarthur region, with rolling paddocks, native bush and scattered homesteads. Housing is dominated by large blocks, timber cottages and modern lifestyle properties rather than dense suburban streets, so it tends to suit people after acreage, hobby farms or a quieter, rural outlook while staying within easy reach of Camden and Campbelltown for shops and services. Local amenities inside Gilead are limited, and the area is popular with horse owners and anyone who values open views and quiet lanes.

The community is small — 882 people with a median age of 74 — and households report a median total weekly income of $758 (roughly $39,400 a year). Families are largely couple families without children (90.8%), and over nine in ten homes are owner-occupied (86.2% owned outright and 7.7% with a mortgage) with 6.1% rented. Gilead is also the focus of the Mount Gilead urban release, a planned proposal that would bring new homes, a school, a town centre and additional public open space alongside supporting infrastructure and regional health projects.

Question 2

Is it expensive to live in Gilead?

Accepted Answer

In Gilead, a typical house rent of $795 a week is about 104.9% of the median total household weekly income of $758 as recorded at the most recent Census. Put another way, that rent would run to roughly the same amount as a typical local household's whole weekly income at the last Census.

On these figures, renting a house would take a large share of a typical local household's weekly income at the last Census. If you are renting rather than buying, that rent share is the number that matters and whether it feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Gilead a good place to invest?

Accepted Answer

House values in Gilead climbed 78.2% over the past 12 months, a very large increase in what a house here is worth over the year. For someone focused on capital growth, that house value movement is the key figure to note.

There isn't enough recent data to report changes for unit values or for house and unit rents, so these figures on their own don't show how rental income or the unit market moved this year. Whether that large rise in house values fits your investment goals depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	78.2%	N/A
Sold Past 3 months	5	2
Median days on market Past 12 months	70	N/A
Average rent Past 12 months	$795	N/A
Change in rent Past 12 months	N/A	N/A

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