Suburb Profile Report for Golden Bay WA (6174)

Golden Bay House: Median price $367,000, Annual capital growth -0.70%, Number of sales 63, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

Investment property in Golden Bay 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 -8.25%

If we look at median property appreciation over just the last three months, Golden Bay has given property investors a paper return of -0.54%. This puts Suburb as 185 on a list of fastest fasting appreciating suburbs in WA

Golden Bay6174 is located in WA which offers an average discount of -8.25% to property investors. Golden Bay itself is showing figures that indicate -6.55% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $320 mark per week – giving a return of 4.53% based on the median price in Suburb

Metrics i HOUSE UNIT
$367,000 N/A
-0.54% N/A
-8.25% N/A
-0.70% N/A
$320 N/A
63 N/A
4.53% N/A
80.28 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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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