Suburb Profile Report for South Golden Beach NSW (2483)

South Golden Beach House: Median price $912,500, Annual capital growth 8.29%, Number of sales 23, Weekly median advertised rent $630

  • 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.

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Giving property investors a a solid capital gain of 10.81% for the last year, South Golden Beach, 2483 is the 581th highest performer in Australia in this respect.

South Golden Beach,2483 has offered an average of 10.81% return per annum in house price rises to property investors over the last three years.

South Golden Beach, 2483 is offering NSW ‘s 486th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

In the last year 23 properties changed hands in South Golden Beach, which puts it as the 987th most active market in NSW when comparing the number of sales per suburb.

Situated 637.31km from the CBD, South Golden Beach is one of Byron (A) localities in the postcode 2483.

Information supplied by:


August 2017

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House market benefits from having good neighbours

Postcode: 2483

Median house price: $695,000

Three-year growth: 44.49%

Rental yield: 3.78%

Near the Queensland border, the small coastal suburb of South Golden Beach sees strong demand even with a lack of amenities.

The suburb reported a rise of over 36% in house prices in the year leading up to May 2017, with the median value coming in at just under $700,000. Even then, discount rates are low at an average of only 3.48%, indicating that price is not a problem for buyers.

South Golden Beach is surrounded by suburbs rich in conveniences, such as Byron Bay and Ocean Shores. Thus, residents have access to many schools, including Byron Bay Public school, Byron Bay High School and Byron Region Community College. Residents can also meet their shopping needs at the Ocean Shores Shopping Centre.  

Metrics i HOUSE UNIT
$912,500 N/A
0.00% N/A
10.81% N/A
8.29% N/A
$630 N/A
23 N/A
3.59% N/A
98.35 N/A

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 : Balanced (U), Above average (H)
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Demographics
Total population 752
Median household income ($/weekly) 829
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 126 16.8
    25-34 years 77 10.3
    35-44 years 144 19.3
    45-54 years 124 16.6
    55-64 years 97 13.0
    Others 180 24.1
    Age Group
    Census Count Percent(%)
    Not Married 270 52.4
    Registered Married 155 30.1
    Defacto Relationship 90 17.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 596 82.9
    Papua New Guinea 25 3.5
    United Kingdom 47 6.5
    United States of America 10 1.4
    Other 16 2.2
    Others 25 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 4.1
    Christianity 216 33.8
    Judaism 7 1.1
    Other Religious Groups 21 3.3
    No Religion 366 57.3
    Others 3 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 29 11.5
    $400-$599 46 18.2
    $600-$799 38 15.0
    $800-$999 27 10.7
    $1,500-$1,999 27 10.7
    Others 86 34.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 186 34.4
    Employed, worked part-time 155 28.7
    Employed, worked full-time 143 26.5
    Unemployed, looking for work 37 6.9
    Employed, away from work 19 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 32 10.2
    Professionals 80 25.5
    Technicians & trades workers 45 14.3
    Community & personal service workers 37 11.8
    Labourers 49 15.6
    Others 71 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 16 6.8
    Infants/Primary 85 36.0
    Secondary 75 31.8
    Technical or Further Educational Institution 25 10.6
    University or other Tertiary Institutions 30 12.7
    Others 5 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 658 90.9
    Flat, unit or apartment 38 5.2
    Semi-detached, row or terrace house, townhouse 28 3.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 120 41.8
    Being purchased 105 36.6
    Fully owned 59 20.6
    Other tenure type 3 1.0
    Tenure Type
Census 2011, ABS
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