Suburb Profile Report for East Gosford NSW (2250)

East Gosford House: Median price $635,500, Annual capital growth 5.46%, Number of sales 50, Weekly median advertised rent $465

East Gosford Unit: Median price $585,000, Annual capital growth 5.58%, Number of sales 98, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in East Gosford, 2250 have given investors a capital gain of 5.92%. This compares averagely with the 7.47% for NSW as a whole.

While East Gosford,2250 ranked number 446th in NSW for increase in median house value (annualised) increase, it is ranked 568th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in East Gosford itself are offering an average vendor discount of -1.65% to real estate investors.

Property investors should expect to get $465 weekly from the median priced house in this suburb.

With a capital gain of 10.38% for the last 12 months, East Gosford, 2250 has performed for property investments than its average annual 5.58% property growth over the last 5 years.

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.

LACK OF BUYER INTEREST may well be the reason that East Gosford is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 356th in terms of most discounted suburbs in NSW

Metrics i HOUSE UNIT
$635,500 $585,000
3.54% 6.07%
5.92% 10.38%
5.46% 5.58%
$465 $420
50 98
3.80% 3.73%
33.71 49.13

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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