Suburb Profile Report for Goolwa SA (5214)

Goolwa House: Median price $356,500, Annual capital growth 2.43%, Number of sales 81, Weekly median advertised rent $360

Goolwa Unit: Median price $219,000, Annual capital growth 1.47%, Number of sales 23, Weekly median advertised rent $218

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Goolwa has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.26%

The five-year average increase in median property values for Goolwa,5214 has given property investors a potential capital gain of 15.00% across each of those five years.

Property investors looking for a bargain in Goolwa should be aiming for at least -4.02% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2621 in a list of fastest selling suburbs, Goolwa is in the bottom 40% of suburbs in Australia with an average of days on market 67.875 for properties listed there.

Goolwa has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 6.83% to date .

Property investors should expect to get $217.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$356,500 $219,000
-2.33% 5.54%
6.26% 6.83%
2.43% 1.47%
$360 $218
81 23
5.25% 5.16%
67.875 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (U), Very good (H)
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Demographics
Total population 2201
Median household income ($/weekly) 620
Median age of persons 63
Median housing loan repayment ($/monthly) 1200
Average household size 1.9
  • Census Count Percent(%)
    45-54 years 218 9.9
    55-64 years 361 16.4
    65-74 years 473 21.5
    75-84 years 363 16.5
    85 years and over 192 8.7
    Others 594 27.0
    Age Group
    Census Count Percent(%)
    Registered Married 848 50.8
    Not Married 670 40.2
    Defacto Relationship 150 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1604 76.8
    Greece 23 1.1
    New Zealand 23 1.1
    United Kingdom 352 16.9
    Other 28 1.3
    Others 59 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.7
    Christianity 1321 67.2
    Islam 3 0.2
    Other Religious Groups 9 0.5
    No Religion 616 31.3
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 137 14.9
    $400-$599 223 24.2
    $600-$799 138 15.0
    $800-$999 123 13.3
    $1,000-$1,249 66 7.2
    Others 235 25.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1252 65.4
    Employed, worked full-time 304 15.9
    Employed, worked part-time 279 14.6
    Employed, away from work 39 2.0
    Unemployed, looking for work 39 2.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 73 11.8
    Technicians & trades workers 112 18.1
    Community & personal service workers 74 12.0
    Clerical & administrative workers 72 11.6
    Labourers 106 17.1
    Others 182 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 9 3.9
    Infants/Primary 92 40.4
    Secondary 67 29.4
    Technical or Further Educational Institution 26 11.4
    University or other Tertiary Institutions 25 11.0
    Others 9 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1673 88.3
    Semi-detached, row or terrace house, townhouse 162 8.5
    Flat, unit or apartment 46 2.4
    Caravan, cabin, houseboat 14 0.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 494 50.1
    Rented 281 28.5
    Being purchased 188 19.1
    Other tenure type 23 2.3
    Tenure Type
Census 2011, ABS
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