Suburb Profile Report for Gol Gol NSW (2738)

Gol Gol House: Median price $345,000, Annual capital growth 1.94%, Number of sales 39, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report

At number 3421th in the list of Australian suburbs ordered by increase in median house value over the last year, Gol Gol, 2738 is in the BOTTOM 20% with a property value increase of -3.02% recorded in median house prices.

Over the longer term, Gol Gol has seen property prices show investors a 4.55% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Gol Gol itself are offering an average vendor discount of -6.47% to real estate investors.

At number 3212 in a list of fastest selling suburbs, Gol Gol is in the bottom 20% of suburbs in Australia with an average of days on market 117.24 for properties listed there.

A $325 per week rent on the median house gives suburb investors a gross yield of circa 4.90%, without taking into account capital value appreciation, which has been averaging out at 1.94%.

Metrics i HOUSE UNIT
$345,000 N/A
N/A N/A
-3.02% N/A
1.94% N/A
$325 N/A
39 N/A
4.90% N/A
117.24 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1595
Median household income ($/weekly) 1143
Median age of persons 38
Median housing loan repayment ($/monthly) 1500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 250 15.7
    25-34 years 164 10.3
    35-44 years 242 15.2
    45-54 years 216 13.5
    55-64 years 200 12.5
    Others 524 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 713 62.9
    Not Married 318 28.1
    Defacto Relationship 102 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1406 93.9
    Indonesia 7 0.5
    Japan 24 1.6
    Papua New Guinea 13 0.9
    United Kingdom 26 1.7
    Others 21 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1029 70.7
    No Religion 412 28.3
    Other Religious Groups 7 0.5
    Hinduism 4 0.3
    Buddhism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 61 11.9
    $600-$799 50 9.8
    $800-$999 57 11.1
    $1,250-$1,499 52 10.2
    $1,500-$1,999 66 12.9
    Others 226 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 514 44.4
    Not in the labour force 359 31.0
    Employed, worked part-time 204 17.6
    Employed, away from work 50 4.3
    Unemployed, looking for work 30 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 177 23.0
    Professionals 122 15.9
    Technicians & trades workers 123 16.0
    Clerical & administrative workers 105 13.7
    Sales 69 9.0
    Others 173 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 46 12.6
    Infants/Primary 161 44.0
    Secondary 102 27.9
    Technical or Further Educational Institution 34 9.3
    University or other Tertiary Institutions 20 5.5
    Others 3 0.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1461 95.2
    Caravan, cabin, houseboat 52 3.4
    Flat, unit or apartment 15 1.0
    Semi-detached, row or terrace house, townhouse 3 0.2
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 221 40.3
    Being purchased 217 39.6
    Rented 110 20.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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