Suburb Profile Report for Goolwa South SA (5214)

Goolwa South House: Median price $350,000, Annual capital growth 3.15%, Number of sales 54, Weekly median advertised rent $320

  • 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

At number 1078th in the list of Australian suburbs ordered by increase in median house value over the last year, Goolwa South, 5214 is in the top 30% with a property value increase of 6.06% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Goolwa South,5214 has racked up an average of 6.06% over the period. This ranks it number 1459th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Goolwa South is offering property investors an average of -6.50. This rate of discount on properties puts Suburb at number 230th in terms of most discounted suburbs in SA

Often selling an investment property can take time, and in Goolwa South the average time real estate has been on the market is 65.9118 days.

Renters in Suburb are facing rents around $16640 per annum or $320 every week.

Metrics i HOUSE UNIT
$350,000 N/A
4.79% N/A
6.06% N/A
3.15% N/A
$320 N/A
54 N/A
4.75% N/A
65.9117647058824 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 : Good (H), Above average (U)
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Demographics
Total population 1009
Median household income ($/weekly) 665
Median age of persons 54
Median housing loan repayment ($/monthly) 842
Average household size 2
  • Census Count Percent(%)
    5-14 years 91 9.0
    45-54 years 138 13.7
    55-64 years 152 15.1
    65-74 years 204 20.2
    75-84 years 117 11.6
    Others 307 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 381 48.7
    Not Married 317 40.5
    Defacto Relationship 84 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 778 79.5
    Greece 14 1.4
    New Zealand 11 1.1
    Papua New Guinea 13 1.3
    United Kingdom 129 13.2
    Others 34 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 567 62.3
    No Religion 319 35.1
    Australian Aboriginal Traditional Religions 11 1.2
    Buddhism 10 1.1
    Other Religious Groups 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 56 12.9
    $400-$599 96 22.2
    $600-$799 90 20.8
    $800-$999 58 13.4
    $1,000-$1,249 29 6.7
    Others 104 24.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 489 58.9
    Employed, worked full-time 151 18.2
    Employed, worked part-time 146 17.6
    Unemployed, looking for work 27 3.3
    Employed, away from work 17 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 42 13.5
    Professionals 39 12.6
    Technicians & trades workers 55 17.7
    Community & personal service workers 43 13.9
    Clerical & administrative workers 36 11.6
    Others 95 30.6
    Occupation
    Census Count Percent(%)
    Pre-school 10 7.4
    Infants/Primary 67 49.6
    Secondary 40 29.6
    Technical or Further Educational Institution 12 8.9
    University or other Tertiary Institutions 3 2.2
    Others 3 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 874 92.8
    Semi-detached, row or terrace house, townhouse 37 3.9
    Flat, unit or apartment 28 3.0
    Caravan, cabin, houseboat 3 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 196 43.1
    Rented 130 28.6
    Being purchased 123 27.0
    Other tenure type 6 1.3
    Tenure Type
Census 2011, ABS
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