Suburb Profile Report for East Gosford NSW (2250)

East Gosford House: Median price $650,000, Annual capital growth 5.76%, Number of sales 53, Weekly median advertised rent $460

East Gosford Unit: Median price $607,500, Annual capital growth 6.11%, Number of sales 94, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

East Gosford has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.48% to date .

A 61.09% growth in median value for property investors in East Gosford,2250 puts this suburb at number 809th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in East Gosford are currently offering property investors an average price cut of -2.18% below the asking price at the moment.

On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.

East Gosford is 546th on a list of best yielding suburbs for rents in NSW with a 3.68% return

If you compare the increase in value of investment property in East Gosford, 2250 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.88%.

Across a shorter period, East Gosford, 2250 has seen a median price increase of 4.74% over the last quarter.

Vendor discounting in East Gosford is giving property investors an average Vendor Discount of around -2.76%. This puts suburb at number 381th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $420 mark per week – giving a return of 3.60% based on the median price in Suburb

Metrics i HOUSE UNIT
$650,000 $607,500
2.20% 4.74%
6.48% 11.88%
5.76% 6.11%
$460 $420
53 94
3.68% 3.60%
33.35 53.55

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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