Suburb Profile Report for Golden Beach VIC (3851)

Golden Beach House: Median price $176,500, Annual capital growth 7.63%, Number of sales 22, Weekly median advertised rent N/A

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

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  • House Report

Investment property in Golden Beach has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.59%

Across a shorter period, Golden Beach, 3851 has seen a median price increase of -1.67% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Golden Beach, 3851. Typically our figures indicate that -8.38% is being offered, which puts this VIC suburb at 629th most discounted overall in Australia.

Often selling an investment property can take time, and in Golden Beach the average time real estate has been on the market is 100.7 days.

HOUSE UNIT
$176,500 N/A
-1.67% N/A
-4.59% N/A
7.63% N/A
N/A N/A
22 N/A
N/A N/A
100.7 N/A

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 331
Median household income ($/weekly) 539
Median age of persons 59
Median housing loan repayment ($/monthly) 650
Average household size 1.8
  • Census Count Percent(%)
    35-44 years 36 10.9
    45-54 years 46 13.9
    55-64 years 106 32.0
    65-74 years 65 19.6
    75-84 years 20 6.0
    Others 58 17.5
    Age Group
    Census Count Percent(%)
    Registered Married 128 51.0
    Not Married 100 39.8
    Defacto Relationship 23 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 217 73.8
    New Zealand 7 2.4
    Papua New Guinea 6 2.0
    United Kingdom 34 11.6
    United States of America 6 2.0
    Others 24 8.2
    Country of Birth
    Census Count Percent(%)
    Christianity 200 68.5
    No Religion 89 30.5
    Australian Aboriginal Traditional Religions 3 1.0
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 12 8.1
    $300-$399 29 19.6
    $400-$599 29 19.6
    $600-$799 17 11.5
    $800-$999 21 14.2
    Others 40 27.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 165 59.1
    Employed, worked full-time 42 15.1
    Employed, worked part-time 34 12.2
    Unemployed, looking for work 20 7.2
    Employed, away from work 18 6.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 10 10.6
    Clerical & administrative workers 15 16.0
    Sales 14 14.9
    Machinery operators & drivers 12 12.8
    Labourers 18 19.1
    Others 25 26.6
    Occupation
    Census Count Percent(%)
    Secondary 12 40.0
    Infants/Primary 9 30.0
    Technical or Further Educational Institution 6 20.0
    Pre-school 3 10.0
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 257 90.8
    Semi-detached, row or terrace house, townhouse 26 9.2
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 82 51.9
    Being purchased 46 29.1
    Rented 26 16.5
    Other tenure type 4 2.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals