Suburb Profile Report for East Gosford NSW (2250)

East Gosford House: Median price $630,744, Annual capital growth 5.66%, Number of sales 50, Weekly median advertised rent $475

East Gosford Unit: Median price $570,000, Annual capital growth 5.28%, Number of sales 95, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in East Gosford has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.91%

If we look at median property appreciation over just the last three months, East Gosford has given property investors a paper return of 3.40%. This puts Suburb as 483 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for East Gosford is $630744, with sellers offering an average of -2.44% off the asking price.

Often selling an investment property can take time, and in East Gosford the average time real estate has been on the market is 39.82 days.

Giving property investors a a stable capital gain of 8.89% for the last year, East Gosford, 2250 is the 451th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Gosford has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in East Gosford should be aiming for at least -3.35% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 40.23km from the CBD, East Gosford is one of Gosford localities in the postcode 2250.

Metrics i HOUSE UNIT
$630,744 $570,000
3.40% 5.02%
6.91% 8.89%
5.66% 5.28%
$475 $420
50 95
3.92% 3.83%
39.82 48.66

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3906
Median household income ($/weekly) 863
Median age of persons 46
Median housing loan repayment ($/monthly) 1750
Average household size 2
  • Census Count Percent(%)
    25-34 years 465 11.9
    35-44 years 456 11.7
    45-54 years 472 12.1
    55-64 years 536 13.7
    65-74 years 444 11.4
    Others 1534 39.3
    Age Group
    Census Count Percent(%)
    Not Married 1444 48.0
    Registered Married 1268 42.1
    Defacto Relationship 297 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2963 80.4
    Croatia 29 0.8
    Papua New Guinea 73 2.0
    United Kingdom 226 6.1
    Other 135 3.7
    Others 259 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.6
    Christianity 2729 76.1
    Islam 32 0.9
    Other Religious Groups 26 0.7
    No Religion 713 19.9
    Others 29 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 210 13.2
    $400-$599 243 15.3
    $600-$799 166 10.4
    $800-$999 136 8.5
    $1,500-$1,999 159 10.0
    Others 678 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1360 43.7
    Employed, worked full-time 998 32.0
    Employed, worked part-time 530 17.0
    Unemployed, looking for work 127 4.1
    Employed, away from work 100 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 166 10.2
    Professionals 418 25.7
    Technicians & trades workers 200 12.3
    Community & personal service workers 178 10.9
    Clerical & administrative workers 277 17.0
    Others 388 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 60 8.6
    Infants/Primary 225 32.3
    Secondary 180 25.9
    Technical or Further Educational Institution 82 11.8
    University or other Tertiary Institutions 122 17.5
    Others 27 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1925 53.2
    Semi-detached, row or terrace house, townhouse 1239 34.2
    Flat, unit or apartment 439 12.1
    House or flat attached to a shop, office 17 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 693 39.8
    Fully owned 573 32.9
    Being purchased 453 26.0
    Other tenure type 22 1.3
    Tenure Type
Census 2011, ABS
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