Suburb Profile Report for Golden Bay WA (6174)

Golden Bay House: Median price $352,500, Annual capital growth -1.68%, Number of sales 74, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Golden Bay, 6174 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -10.19%.

If we look at median property appreciation over just the last three months, Golden Bay has given property investors a paper return of -4.47%. This puts Suburb as 338 on a list of fastest fasting appreciating suburbs in WA

The most recent median price for Golden Bay is $352500, with sellers offering an average of -7.29% off the asking price.

In the last year 74 properties changed hands in Golden Bay, which puts it as the 158th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of -1.68%, investors should hope to achieve an overall return of 4.72%

Metrics i HOUSE UNIT
$352,500 N/A
-4.47% N/A
-10.19% N/A
-1.68% N/A
$320 N/A
74 N/A
4.72% N/A
93.35 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 2176
Median household income ($/weekly) 1604
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 351 16.1
    25-34 years 263 12.1
    35-44 years 370 17.0
    45-54 years 316 14.5
    55-64 years 193 8.9
    Others 683 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 696 48.4
    Not Married 514 35.8
    Defacto Relationship 227 15.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1522 75.3
    Papua New Guinea 77 3.8
    South Africa 25 1.2
    United Kingdom 295 14.6
    Other 29 1.4
    Others 74 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1217 63.5
    No Religion 675 35.2
    Buddhism 16 0.8
    Other Religious Groups 7 0.4
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 66 10.6
    $600-$799 49 7.9
    $1,500-$1,999 91 14.6
    $2,000-$2,499 63 10.1
    $2,500-$2,999 86 13.8
    Others 267 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 639 42.0
    Not in the labour force 446 29.3
    Employed, worked part-time 296 19.4
    Employed, away from work 81 5.3
    Unemployed, looking for work 60 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 152 15.0
    Technicians & trades workers 240 23.6
    Community & personal service workers 102 10.0
    Clerical & administrative workers 121 11.9
    Labourers 112 11.0
    Others 288 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 39 7.3
    Infants/Primary 250 47.1
    Secondary 128 24.1
    Technical or Further Educational Institution 52 9.8
    University or other Tertiary Institutions 49 9.2
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1952 99.7
    Improvised home, tent, sleepers out 3 0.2
    House or flat attached to a shop, office 3 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 338 47.7
    Rented 202 28.5
    Fully owned 169 23.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals