Suburb Profile Report for Golden Beach QLD (4551)

Golden Beach House: Median price $556,500, Annual capital growth 3.81%, Number of sales 120, Weekly median advertised rent $440

Golden Beach Unit: Median price $395,500, Annual capital growth 1.75%, Number of sales 120, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 575th in the list of Australian suburbs ordered by increase in median house value over the last year, Golden Beach, 4551 is in the top 20% with a property value increase of 14.74% recorded in median house prices.

Across a shorter period, Golden Beach, 4551 has seen a median price increase of 2.11% over the last quarter.

At number 593th of QLD’s most discounted properties, Golden Beach is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Golden Beach have been waiting around 57.09 days to sell a property.

Property investors should expect to get $440 weekly from the median priced house in this suburb.

Golden Beach, 4551 ranked 247th in QLD when comparing growth in median property values or capital gain over the last 12 months. Golden Beach is one of 2415 in our list for QLD

Golden Beach,4551 has offered an average of -1.62% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Golden Beach is giving property investors an average Vendor Discount of around -5.90%. This puts suburb at number 147th in QLD when ranking the most discounted suburbs.

On average over the past year, suburb has had 10.00 sales per month, which equates to 120 per year.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 1.75%, investors should hope to achieve an overall return of 4.60%

Metrics i HOUSE UNIT
$556,500 $395,500
2.11% -1.13%
14.74% -1.62%
3.81% 1.75%
$440 $350
120 120
4.11% 4.60%
57.09 78.35

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 5179
Median household income ($/weekly) 770
Median age of persons 53
Median housing loan repayment ($/monthly) 1800
Average household size 2
  • Census Count Percent(%)
    35-44 years 570 11.0
    45-54 years 617 11.9
    55-64 years 786 15.2
    65-74 years 780 15.1
    75-84 years 589 11.4
    Others 1838 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 1974 48.9
    Not Married 1671 41.4
    Defacto Relationship 391 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4048 81.4
    Papua New Guinea 255 5.1
    Philippines 34 0.7
    United Kingdom 333 6.7
    Other 95 1.9
    Others 206 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 62 1.3
    Christianity 3583 75.3
    Islam 7 0.1
    Other Religious Groups 16 0.3
    No Religion 1083 22.8
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 246 11.5
    $400-$599 429 20.1
    $600-$799 300 14.1
    $800-$999 253 11.9
    $1,000-$1,249 186 8.7
    Others 716 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2269 52.6
    Employed, worked full-time 1037 24.0
    Employed, worked part-time 678 15.7
    Unemployed, looking for work 186 4.3
    Employed, away from work 142 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 266 14.3
    Technicians & trades workers 318 17.1
    Community & personal service workers 233 12.5
    Clerical & administrative workers 246 13.2
    Labourers 229 12.3
    Others 567 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.0
    Infants/Primary 329 42.3
    Secondary 217 27.9
    Technical or Further Educational Institution 66 8.5
    University or other Tertiary Institutions 86 11.1
    Others 32 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3165 66.0
    Semi-detached, row or terrace house, townhouse 608 12.7
    Flat, unit or apartment 941 19.6
    Caravan, cabin, houseboat 72 1.5
    House or flat attached to a shop, office 5 0.1
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 995 43.9
    Rented 872 38.5
    Being purchased 379 16.7
    Other tenure type 20 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals