Suburb Profile Report for Goonellabah NSW (2480)

Goonellabah House: Median price $375,000, Annual capital growth 3.52%, Number of sales 257, Weekly median advertised rent $350

Goonellabah Unit: Median price $263,250, Annual capital growth 2.28%, Number of sales 72, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 8.26% which means that Goonellabah, 2480 has done well for property investors by showing a capital gain of 5.49% over the last year

Goonellabah,2480 has offered an average of 5.49% return per annum in house price rises to property investors over the last three 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 Goonellabah itself are offering an average vendor discount of -4.60% to real estate investors.

At number 2485 in a list of fastest selling suburbs, Goonellabah is in the bottom 40% of suburbs in Australia with an average of days on market 95.16 for properties listed there.

Situated 590.18km from the CBD, Goonellabah is one of Lismore localities in the postcode 2480.

Property value increases in Goonellabah have tracked lower than the NSW average of 6.07% over the last 12 months.

While Goonellabah,2480 ranked number 475th in NSW for increase in median house value (annualised) increase, it is ranked 481th over the last 5 years.

Our latest figures would indicate that property sellers in Goonellabah are currently offering property investors an average price cut of -3.02% below the asking price at the moment.

On average over the past year, suburb has had 6.00 sales per month, which equates to 72 per year.

Situated 561.92km from the CBD, Goonellabah is one of Lismore localities in the postcode 2480.

Metrics i HOUSE UNIT
$375,000 $263,250
1.35% -1.68%
5.49% -2.14%
3.52% 2.28%
$350 $290
257 72
4.85% 5.73%
95.16 80.95

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 12537
Median household income ($/weekly) 958
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1647 13.1
    25-34 years 1481 11.8
    35-44 years 1468 11.7
    45-54 years 1662 13.3
    55-64 years 1576 12.6
    Others 4704 37.5
    Age Group
    Census Count Percent(%)
    Registered Married 4301 47.0
    Not Married 3933 43.0
    Defacto Relationship 913 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 11049 91.7
    Japan 74 0.6
    Papua New Guinea 103 0.9
    United Kingdom 313 2.6
    Other 133 1.1
    Others 376 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 111 1.0
    Christianity 9088 78.4
    Islam 24 0.2
    Other Religious Groups 79 0.7
    No Religion 2259 19.5
    Others 31 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 641 14.5
    $600-$799 538 12.2
    $800-$999 476 10.8
    $1,000-$1,249 479 10.9
    $1,500-$1,999 525 11.9
    Others 1755 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3856 39.7
    Employed, worked full-time 3188 32.8
    Employed, worked part-time 1953 20.1
    Unemployed, looking for work 410 4.2
    Employed, away from work 301 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1053 19.3
    Technicians & trades workers 740 13.6
    Clerical & administrative workers 800 14.7
    Sales 735 13.5
    Labourers 657 12.1
    Others 1457 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 254 8.0
    Infants/Primary 1056 33.4
    Secondary 882 27.9
    Technical or Further Educational Institution 316 10.0
    University or other Tertiary Institutions 573 18.1
    Others 77 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10175 86.4
    Semi-detached, row or terrace house, townhouse 796 6.8
    Flat, unit or apartment 778 6.6
    Caravan, cabin, houseboat 13 0.1
    House or flat attached to a shop, office 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1671 35.3
    Being purchased 1593 33.7
    Rented 1430 30.2
    Other tenure type 38 0.8
    Tenure Type
Census 2011, ABS
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