Suburb Profile Report for East Gosford NSW (2250)

East Gosford House: Median price $699,000, Annual capital growth 7.13%, Number of sales 46, Weekly median advertised rent $500

East Gosford Unit: Median price $555,000, Annual capital growth 5.35%, Number of sales 55, Weekly median advertised rent $440

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

East Gosford has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.78% to date .

Taking the average capital gain, or increase in median house value, East Gosford,2250 has racked up an average of -6.78% over the period. This ranks it number 1579th in the whole country for real estate investors looking at median house price increases.

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 East Gosford, 2250. Typically our figures indicate that -4.21% is being offered, which puts this NSW suburb at 2641th most discounted overall in Australia.

East Gosford, 2250’s gross rental yield is 3.72%

Investment property in East Gosford 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 -0.54%

Over the longer term, East Gosford has seen property prices show investors a -9.76% return over the last 3 years. This is an improvement over the last 12 months

Property buyers and investors in East Gosford 2250 should be seeing an average reduction in asking price of around -5.30% . This means that East Gosford is holding prices well when compared to other suburbs in NSW.

At number 434 in a list of fastest selling suburbs, East Gosford is in the TOP 40% of suburbs in Australia with an average of days on market 65.9024 for properties listed there.

Metrics i HOUSE UNIT
$699,000 $555,000
0.14% 0.00%
-6.78% -0.54%
7.13% 5.35%
$500 $440
46 55
3.72% 4.12%
87.7857142857143 65.9024390243903

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 3906
Median household income ($/weekly) 863
Median age of persons 46
Median housing loan repayment ($/monthly) 1750
Average household size 2
  • Census Count Percent(%)
    25-34 years 465 11.9
    35-44 years 456 11.7
    45-54 years 472 12.1
    55-64 years 536 13.7
    65-74 years 444 11.4
    Others 1534 39.3
    Age Group
    Census Count Percent(%)
    Not Married 1444 48.0
    Registered Married 1268 42.1
    Defacto Relationship 297 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2963 80.4
    Croatia 29 0.8
    Papua New Guinea 73 2.0
    United Kingdom 226 6.1
    Other 135 3.7
    Others 259 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.6
    Christianity 2729 76.1
    Islam 32 0.9
    Other Religious Groups 26 0.7
    No Religion 713 19.9
    Others 29 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 210 13.2
    $400-$599 243 15.3
    $600-$799 166 10.4
    $800-$999 136 8.5
    $1,500-$1,999 159 10.0
    Others 678 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1360 43.7
    Employed, worked full-time 998 32.0
    Employed, worked part-time 530 17.0
    Unemployed, looking for work 127 4.1
    Employed, away from work 100 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 166 10.2
    Professionals 418 25.7
    Technicians & trades workers 200 12.3
    Community & personal service workers 178 10.9
    Clerical & administrative workers 277 17.0
    Others 388 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 60 8.6
    Infants/Primary 225 32.3
    Secondary 180 25.9
    Technical or Further Educational Institution 82 11.8
    University or other Tertiary Institutions 122 17.5
    Others 27 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1925 53.2
    Semi-detached, row or terrace house, townhouse 1239 34.2
    Flat, unit or apartment 439 12.1
    House or flat attached to a shop, office 17 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 693 39.8
    Fully owned 573 32.9
    Being purchased 453 26.0
    Other tenure type 22 1.3
    Tenure Type
Census 2011, ABS
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