Suburb Profile Report for Golden Beach QLD (4551)

Golden Beach House: Median price $575,000, Annual capital growth 3.01%, Number of sales 85, Weekly median advertised rent $450

Golden Beach Unit: Median price $440,500, Annual capital growth 3.28%, Number of sales 85, Weekly median advertised rent $373

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Golden Beach, 4551 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.77%

The five-year average increase in median property values for Golden Beach,4551 has given property investors a potential capital gain of 32.18% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Golden Beach itself are offering an average vendor discount of -4.07% to real estate investors.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

Investment property in Golden Beach has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.44%

Across a shorter period, Golden Beach, 4551 has seen a median price increase of -1.56% over the last quarter.

The most recent median price for Golden Beach is $440500, with sellers offering an average of -6.00% off the asking price.

Renters in Suburb are facing rents around $19370 per annum or $372.5 every week.

Metrics i HOUSE UNIT
$575,000 $440,500
-0.43% -1.56%
1.77% 2.44%
3.01% 3.28%
$450 $373
85 85
4.07% 4.40%
65.0138888888889 92.5344827586207

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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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