Suburb Profile Report for North Gosford NSW (2250)

North Gosford House: Median price $580,000, Annual capital growth 7.07%, Number of sales 73, Weekly median advertised rent $430

North Gosford Unit: Median price $450,000, Annual capital growth 5.39%, Number of sales 52, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 13.73% for the last 12 months, North Gosford, 2250 has performed for property investments than its average annual 7.07% property growth over the last 5 years.

North Gosford,2250 was ranked 1161 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in North Gosford should be aiming for at least -5.99% off the asking price, which is the average vendor discount being achieved at the moment.

The NSW suburb of North Gosford, 2250 is in the Gosford local government area.

Over the last year, property investments in North Gosford, 2250 have given investors a capital gain of 11.94%. This compares favourably with the 7.74% for NSW as a whole.

The five-year average increase in median property values for North Gosford,2250 has given property investors a potential capital gain of 57.89% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in North Gosford, 2250. Typically our figures indicate that -3.15% is being offered, which puts this NSW suburb at 1242th most discounted overall in Australia.

Often selling an investment property can take time, and in North Gosford the average time real estate has been on the market is 19.22 days.

A $385 per week rent on the median house gives suburb investors a gross yield of circa 4.45%, without taking into account capital value appreciation, which has been averaging out at 5.39%.

Metrics i HOUSE UNIT
$580,000 $450,000
3.57% 0.00%
13.73% 11.94%
7.07% 5.39%
$430 $385
73 52
3.86% 4.45%
21.62 19.22

Source: CoreLogic

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