Suburb Profile Report for Goughs Bay VIC (3723)

Goughs Bay House: Median price $247,500, Annual capital growth 4.72%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Goughs Bay has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -7.48% to date .

Goughs Bay,3723 has offered an average of -7.48% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Goughs Bay are currently offering property investors an average price cut of -10.27% below the asking price at the moment.

At number 2744 in a list of fastest selling suburbs, Goughs Bay is in the bottom 30% of suburbs in Australia with an average of days on market 103.3 for properties listed there.

HOUSE UNIT
$247,500 N/A
0.51% N/A
-7.48% N/A
4.72% N/A
N/A N/A
12 N/A
N/A N/A
103.3 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 382
Median household income ($/weekly) 686
Median age of persons 52
Median housing loan repayment ($/monthly) 996
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 52 13.6
    45-54 years 55 14.4
    55-64 years 65 17.0
    65-74 years 60 15.7
    75-84 years 34 8.9
    Others 116 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 147 59.3
    Not Married 80 32.3
    Defacto Relationship 21 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 269 80.1
    Fiji 4 1.2
    Papua New Guinea 6 1.8
    United Kingdom 28 8.3
    Other 12 3.6
    Others 17 5.1
    Country of Birth
    Census Count Percent(%)
    Christianity 185 58.0
    No Religion 134 42.0
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 14 12.6
    $300-$399 15 13.5
    $400-$599 16 14.4
    $600-$799 16 14.4
    $800-$999 9 8.1
    Others 41 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 130 46.6
    Employed, worked full-time 78 28.0
    Employed, worked part-time 53 19.0
    Employed, away from work 9 3.2
    Unemployed, looking for work 9 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 34 23.8
    Professionals 20 14.0
    Technicians & trades workers 23 16.1
    Clerical & administrative workers 18 12.6
    Sales 17 11.9
    Others 31 21.7
    Occupation
    Census Count Percent(%)
    Secondary 26 41.3
    Infants/Primary 19 30.2
    Technical or Further Educational Institution 9 14.3
    Pre-school 6 9.5
    University or other Tertiary Institutions 3 4.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 298 95.8
    House or flat attached to a shop, office 4 1.3
    Semi-detached, row or terrace house, townhouse 3 1.0
    Caravan, cabin, houseboat 3 1.0
    Improvised home, tent, sleepers out 3 1.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 67 50.4
    Being purchased 48 36.1
    Rented 15 11.3
    Other tenure type 3 2.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals