Suburb Profile Report for Goolwa SA (5214)

Goolwa House: Median price $310,000, Annual capital growth 2.56%, Number of sales 62, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Investment property in Goolwa has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.56%

Over the longer term, Goolwa has seen property prices show investors a 8.77% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Goolwa is giving property investors an average Vendor Discount of around -5.80%. This puts suburb at number 220th in SA when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Goolwa the average time real estate has been on the market is 117.23 days.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 2.56%, investors should hope to achieve an overall return of 4.36%

HOUSE UNIT
$310,000 N/A
0.57% N/A
2.56% N/A
2.56% N/A
$260 N/A
62 N/A
4.36% N/A
117.23 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Goolwa SA
Demographics
Total population 2201
Median household income ($/weekly) 620
Median age of persons 63
Median housing loan repayment ($/monthly) 1200
Average household size 1.9
  • Census Count Percent(%)
    45-54 years 218 9.9
    55-64 years 361 16.4
    65-74 years 473 21.5
    75-84 years 363 16.5
    85 years and over 192 8.7
    Others 594 27.0
    Age Group
    Census Count Percent(%)
    Registered Married 848 50.8
    Not Married 670 40.2
    Defacto Relationship 150 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1604 76.8
    Greece 23 1.1
    New Zealand 23 1.1
    United Kingdom 352 16.9
    Other 28 1.3
    Others 59 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.7
    Christianity 1321 67.2
    Islam 3 0.2
    Other Religious Groups 9 0.5
    No Religion 616 31.3
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 137 14.9
    $400-$599 223 24.2
    $600-$799 138 15.0
    $800-$999 123 13.3
    $1,000-$1,249 66 7.2
    Others 235 25.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1252 65.4
    Employed, worked full-time 304 15.9
    Employed, worked part-time 279 14.6
    Employed, away from work 39 2.0
    Unemployed, looking for work 39 2.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 73 11.8
    Technicians & trades workers 112 18.1
    Community & personal service workers 74 12.0
    Clerical & administrative workers 72 11.6
    Labourers 106 17.1
    Others 182 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 9 3.9
    Infants/Primary 92 40.4
    Secondary 67 29.4
    Technical or Further Educational Institution 26 11.4
    University or other Tertiary Institutions 25 11.0
    Others 9 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1673 88.3
    Semi-detached, row or terrace house, townhouse 162 8.5
    Flat, unit or apartment 46 2.4
    Caravan, cabin, houseboat 14 0.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 494 50.1
    Rented 281 28.5
    Being purchased 188 19.1
    Other tenure type 23 2.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals