Suburb Profile Report for North Gosford NSW (2250)

North Gosford House: Median price $528,500, Annual capital growth 6.20%, Number of sales 75, Weekly median advertised rent $400

North Gosford Unit: Median price $433,500, Annual capital growth 4.93%, Number of sales 39, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 8.74% for the last 12 months, North Gosford, 2250 has performed for property investments than its average annual 6.20% property growth over the last 5 years.

While North Gosford,2250 ranked number 1036th in NSW for increase in median house value (annualised) increase, it is ranked 556th over the last 5 years.

Our latest figures would indicate that property sellers in North Gosford are currently offering property investors an average price cut of -4.31% below the asking price at the moment.

Residents and property investors in North Gosford have been waiting around 21.49 days to sell a property.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

North Gosford, 2250 ranked 203th in NSW when comparing growth in median property values or capital gain over the last 12 months. North Gosford is one of 3163 in our list for NSW

A 52.11% growth in median value for property investors in North Gosford,2250 puts this suburb at number 47th in terms of best performing suburbs in NSW

Property investors looking for a bargain in North Gosford should be aiming for at least -4.62% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 39 properties changed hands in North Gosford, which puts it as the 314th most active market in NSW when comparing the number of sales per suburb.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 4.93%.

Metrics i HOUSE UNIT
$528,500 $433,500
0.28% 8.38%
8.74% 8.38%
6.20% 4.93%
$400 $380
75 39
3.94% 4.56%
21.49 32.86

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3500
Median household income ($/weekly) 1053
Median age of persons 37
Median housing loan repayment ($/monthly) 1717
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 411 11.7
    25-34 years 468 13.4
    35-44 years 486 13.9
    45-54 years 543 15.5
    55-64 years 417 11.9
    Others 1176 33.6
    Age Group
    Census Count Percent(%)
    Not Married 1216 48.2
    Registered Married 1055 41.8
    Defacto Relationship 251 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2598 81.6
    Croatia 28 0.9
    Papua New Guinea 84 2.6
    United Kingdom 192 6.0
    Other 75 2.4
    Others 206 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 59 1.9
    Christianity 2169 70.3
    Hinduism 23 0.7
    Other Religious Groups 18 0.6
    No Religion 802 26.0
    Others 15 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 127 10.4
    $400-$599 145 11.8
    $600-$799 119 9.7
    $1,000-$1,249 121 9.9
    $1,500-$1,999 160 13.1
    Others 554 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 984 38.0
    Not in the labour force 887 34.3
    Employed, worked part-time 477 18.4
    Unemployed, looking for work 134 5.2
    Employed, away from work 105 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 340 21.8
    Technicians & trades workers 228 14.6
    Community & personal service workers 183 11.7
    Clerical & administrative workers 225 14.4
    Labourers 167 10.7
    Others 420 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 68 8.6
    Infants/Primary 251 31.9
    Secondary 202 25.6
    Technical or Further Educational Institution 105 13.3
    University or other Tertiary Institutions 142 18.0
    Others 20 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2188 68.7
    Semi-detached, row or terrace house, townhouse 748 23.5
    Flat, unit or apartment 251 7.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 578 43.9
    Being purchased 427 32.4
    Fully owned 310 23.5
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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