Suburb Profile Report for Gol Gol NSW (2738)

Gol Gol House: Median price $404,963, Annual capital growth 2.44%, Number of sales 38, Weekly median advertised rent $390

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

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

  • House Report

Giving property investors a a solid capital gain of 17.81% for the last year, Gol Gol, 2738 is the 248th highest performer in Australia in this respect.

Across a shorter period, Gol Gol, 2738 has seen a median price increase of 10.16% over the last quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.70% offered to property buyers. Sellers in Gol Gol itself are offering an average vendor discount of -8.41% to real estate investors.

At number 3223 in a list of fastest selling suburbs, Gol Gol is in the bottom 20% of suburbs in Australia with an average of days on market 115.042 for properties listed there.

With the median price for a house in Gol Gol being $404963 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.01%

Metrics i HOUSE UNIT
$404,963 N/A
10.16% N/A
17.81% N/A
2.44% N/A
$390 N/A
38 N/A
5.01% N/A
115.041666666667 N/A

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

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Gol Gol NSW
Demographics
Total population 1595
Median household income ($/weekly) 1143
Median age of persons 38
Median housing loan repayment ($/monthly) 1500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 250 15.7
    25-34 years 164 10.3
    35-44 years 242 15.2
    45-54 years 216 13.5
    55-64 years 200 12.5
    Others 524 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 713 62.9
    Not Married 318 28.1
    Defacto Relationship 102 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1406 93.9
    Indonesia 7 0.5
    Japan 24 1.6
    Papua New Guinea 13 0.9
    United Kingdom 26 1.7
    Others 21 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1029 70.7
    No Religion 412 28.3
    Other Religious Groups 7 0.5
    Hinduism 4 0.3
    Buddhism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 61 11.9
    $600-$799 50 9.8
    $800-$999 57 11.1
    $1,250-$1,499 52 10.2
    $1,500-$1,999 66 12.9
    Others 226 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 514 44.4
    Not in the labour force 359 31.0
    Employed, worked part-time 204 17.6
    Employed, away from work 50 4.3
    Unemployed, looking for work 30 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 177 23.0
    Professionals 122 15.9
    Technicians & trades workers 123 16.0
    Clerical & administrative workers 105 13.7
    Sales 69 9.0
    Others 173 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 46 12.6
    Infants/Primary 161 44.0
    Secondary 102 27.9
    Technical or Further Educational Institution 34 9.3
    University or other Tertiary Institutions 20 5.5
    Others 3 0.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1461 95.2
    Caravan, cabin, houseboat 52 3.4
    Flat, unit or apartment 15 1.0
    Semi-detached, row or terrace house, townhouse 3 0.2
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 221 40.3
    Being purchased 217 39.6
    Rented 110 20.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table