Suburb Profile Report for South Golden Beach NSW (2483)

South Golden Beach House: Median price $650,000, Annual capital growth 4.21%, Number of sales 25, Weekly median advertised rent $700

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in South Golden Beach, 2483 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 25.00%

If we look at median property appreciation over just the last three months, South Golden Beach has given property investors a paper return of 7.44%. This puts Suburb as 153 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -4.21% to buyers in South Golden Beach at the moment, which is less than average for the rest of NSW.

With the median price for a house in South Golden Beach being $650000 and the advertised rent reaching $700 the gross rental yield for property investors calculates out to be 5.60%

Metrics i HOUSE UNIT
$650,000 N/A
7.44% N/A
25.00% N/A
4.21% N/A
$700 N/A
25 N/A
5.60% N/A
86.36 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 752
Median household income ($/weekly) 829
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 126 16.8
    25-34 years 77 10.3
    35-44 years 144 19.3
    45-54 years 124 16.6
    55-64 years 97 13.0
    Others 180 24.1
    Age Group
    Census Count Percent(%)
    Not Married 270 52.4
    Registered Married 155 30.1
    Defacto Relationship 90 17.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 596 82.9
    Papua New Guinea 25 3.5
    United Kingdom 47 6.5
    United States of America 10 1.4
    Other 16 2.2
    Others 25 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 4.1
    Christianity 216 33.8
    Judaism 7 1.1
    Other Religious Groups 21 3.3
    No Religion 366 57.3
    Others 3 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 29 11.5
    $400-$599 46 18.2
    $600-$799 38 15.0
    $800-$999 27 10.7
    $1,500-$1,999 27 10.7
    Others 86 34.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 186 34.4
    Employed, worked part-time 155 28.7
    Employed, worked full-time 143 26.5
    Unemployed, looking for work 37 6.9
    Employed, away from work 19 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 32 10.2
    Professionals 80 25.5
    Technicians & trades workers 45 14.3
    Community & personal service workers 37 11.8
    Labourers 49 15.6
    Others 71 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 16 6.8
    Infants/Primary 85 36.0
    Secondary 75 31.8
    Technical or Further Educational Institution 25 10.6
    University or other Tertiary Institutions 30 12.7
    Others 5 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 658 90.9
    Flat, unit or apartment 38 5.2
    Semi-detached, row or terrace house, townhouse 28 3.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 120 41.8
    Being purchased 105 36.6
    Fully owned 59 20.6
    Other tenure type 3 1.0
    Tenure Type
Census 2011, ABS
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