Suburb Profile Report for Golden Beach QLD (4551)

Golden Beach House: Median price $570,000, Annual capital growth 3.41%, Number of sales 129, Weekly median advertised rent $450

Golden Beach Unit: Median price $405,000, Annual capital growth 1.38%, Number of sales 127, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Golden Beach is in the TOP 20% 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 12.20%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Golden Beach has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Golden Beach should be aiming for at least -5.11% off the asking price, which is the average vendor discount being achieved at the moment.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.11%, without taking into account capital value appreciation, which has been averaging out at 3.41%.

QLD has seen average median house prices change by 0.15% which means that Golden Beach, 4551 has done well for property investors by showing a capital gain of 2.53% over the last year

Golden Beach,4551 was ranked 540 in Australia by increase in median property value over the quarter.

The most recent median price for Golden Beach is $405000, with sellers offering an average of -5.28% off the asking price.

Residents and property investors in Golden Beach have been waiting around 73.64 days to sell a property.

Golden Beach is 295th on a list of best yielding suburbs for rents in QLD with a 4.62% return

Metrics i HOUSE UNIT
$570,000 $405,000
0.88% 2.53%
12.20% 2.53%
3.41% 1.38%
$450 $360
129 127
4.11% 4.62%
59.65 73.64

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