Suburb Profile Report for Golden Beach QLD (4551)

Golden Beach House: Median price $550,000, Annual capital growth 3.86%, Number of sales 120, Weekly median advertised rent $435

Golden Beach Unit: Median price $395,000, Annual capital growth 1.46%, Number of sales 113, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Golden Beach is in the TOP 10% in QLD when comparing median price capital growth over the last year. Golden Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 14.58%.

Golden Beach,4551 was ranked 957 in Australia by increase in median property value over the quarter.

Vendor discounting in Golden Beach is giving property investors an average Vendor Discount of around -5.31%. This puts suburb at number 579th in QLD when ranking the most discounted suburbs.

At number 837 in a list of fastest selling suburbs, Golden Beach is in the TOP 30% of suburbs in Australia with an average of days on market 58.56 for properties listed there.

With the median price for a house in Golden Beach being $550000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 4.11%

Giving property investors a an average capital gain of 1.28% for the last year, Golden Beach, 4551 is the 974th highest performer in Australia in this respect.

Golden Beach,4551 was ranked 1304 in Australia by increase in median property value over the quarter.

The most recent median price for Golden Beach is $395000, with sellers offering an average of -6.03% off the asking price.

Residents and property investors in Golden Beach have been waiting around 78.8 days to sell a property.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$550,000 $395,000
3.77% -1.86%
14.58% 1.28%
3.86% 1.46%
$435 $350
120 113
4.11% 4.61%
58.56 78.8

Source: CoreLogic

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