Suburb Profile Report for East Gosford NSW (2250)

East Gosford House: Median price $635,500, Annual capital growth 5.46%, Number of sales 49, Weekly median advertised rent $480

East Gosford Unit: Median price $590,000, Annual capital growth 5.61%, Number of sales 100, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -0.70% for the last 12 months, East Gosford, 2250 has performed for property investments than its average annual 5.46% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, East Gosford,2250 has racked up an average of -0.70% over the period. This ranks it number 1221th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in East Gosford are currently offering property investors an average price cut of -1.22% below the asking price at the moment.

On average over the past year, suburb has had 4.08 sales per month, which equates to 49 per year.

A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.93%, without taking into account capital value appreciation, which has been averaging out at 5.46%.

Investment property in East Gosford has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.32%

East Gosford,2250 was ranked 330 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that East Gosford is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 349th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 8.33 sales per month, which equates to 100 per year.

Renters in Suburb are facing rents around $5160 per annum or $430 every week.

Metrics i HOUSE UNIT
$635,500 $590,000
2.50% 4.19%
-0.70% 11.32%
5.46% 5.61%
$480 $430
49 100
3.93% 3.79%
34.02 46.53

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in East Gosford NSW
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
Chart Table
Recent sales & rentals