Suburb Profile Report for Golden Beach QLD (4551)

Golden Beach House: Median price $565,000, Annual capital growth 2.97%, Number of sales 109, Weekly median advertised rent $450

Golden Beach Unit: Median price $395,000, Annual capital growth 1.41%, Number of sales 108, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.98% which means that Golden Beach, 4551 has done well for property investors by showing a capital gain of 3.67% over the last year

Golden Beach,4551 was ranked 3077 in Australia by increase in median property value over the quarter.

At number 606th of QLD’s most discounted properties, Golden Beach is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Golden Beach the average time real estate has been on the market is 63.51 days.

Golden Beach is 547th on a list of best yielding suburbs for rents in QLD with a 4.14% return

With a capital gain of -1.25% for the last 12 months, Golden Beach, 4551 has performed for property investments than its average annual 1.41% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Golden Beach has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Golden Beach are currently offering property investors an average price cut of -4.87% below the asking price at the moment.

On average over the past year, suburb has had 9.00 sales per month, which equates to 108 per year.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 1.41%.

Metrics i HOUSE UNIT
$565,000 $395,000
-0.75% -1.25%
3.67% -1.25%
2.97% 1.41%
$450 $360
109 108
4.14% 4.74%
63.51 68.13

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5179
Median household income ($/weekly) 770
Median age of persons 53
Median housing loan repayment ($/monthly) 1800
Average household size 2
  • Census Count Percent(%)
    35-44 years 570 11.0
    45-54 years 617 11.9
    55-64 years 786 15.2
    65-74 years 780 15.1
    75-84 years 589 11.4
    Others 1838 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 1974 48.9
    Not Married 1671 41.4
    Defacto Relationship 391 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4048 81.4
    Papua New Guinea 255 5.1
    Philippines 34 0.7
    United Kingdom 333 6.7
    Other 95 1.9
    Others 206 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 62 1.3
    Christianity 3583 75.3
    Islam 7 0.1
    Other Religious Groups 16 0.3
    No Religion 1083 22.8
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 246 11.5
    $400-$599 429 20.1
    $600-$799 300 14.1
    $800-$999 253 11.9
    $1,000-$1,249 186 8.7
    Others 716 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2269 52.6
    Employed, worked full-time 1037 24.0
    Employed, worked part-time 678 15.7
    Unemployed, looking for work 186 4.3
    Employed, away from work 142 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 266 14.3
    Technicians & trades workers 318 17.1
    Community & personal service workers 233 12.5
    Clerical & administrative workers 246 13.2
    Labourers 229 12.3
    Others 567 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.0
    Infants/Primary 329 42.3
    Secondary 217 27.9
    Technical or Further Educational Institution 66 8.5
    University or other Tertiary Institutions 86 11.1
    Others 32 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3165 66.0
    Semi-detached, row or terrace house, townhouse 608 12.7
    Flat, unit or apartment 941 19.6
    Caravan, cabin, houseboat 72 1.5
    House or flat attached to a shop, office 5 0.1
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 995 43.9
    Rented 872 38.5
    Being purchased 379 16.7
    Other tenure type 20 0.9
    Tenure Type
Census 2011, ABS
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