Suburb Profile Report for Golden Beach VIC (3851)

Golden Beach House: Median price $262,500, Annual capital growth 10.38%, Number of sales 15, Weekly median advertised rent N/A

  • 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

Golden Beach is in the TOP 20% in VIC when comparing median price capital growth over the last year. Golden Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 16.41%.

Across a shorter period, Golden Beach, 3851 has seen a median price increase of 19.32% over the last quarter.

Property buyers and investors in Golden Beach 3851 should be seeing an average reduction in asking price of around -8.60% . This means that Golden Beach is holding prices well when compared to other suburbs in VIC.

Situated 217.62km from the CBD, Golden Beach is one of Wellington (S) localities in the postcode 3851.

Metrics i HOUSE UNIT
$262,500 N/A
19.32% N/A
16.41% N/A
10.38% N/A
N/A N/A
15 N/A
N/A N/A
94 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 : Above average (H), Balanced (U)
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Demographics
Total population 331
Median household income ($/weekly) 539
Median age of persons 59
Median housing loan repayment ($/monthly) 650
Average household size 1.8
  • Census Count Percent(%)
    35-44 years 36 10.9
    45-54 years 46 13.9
    55-64 years 106 32.0
    65-74 years 65 19.6
    75-84 years 20 6.0
    Others 58 17.5
    Age Group
    Census Count Percent(%)
    Registered Married 128 51.0
    Not Married 100 39.8
    Defacto Relationship 23 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 217 73.8
    New Zealand 7 2.4
    Papua New Guinea 6 2.0
    United Kingdom 34 11.6
    United States of America 6 2.0
    Others 24 8.2
    Country of Birth
    Census Count Percent(%)
    Christianity 200 68.5
    No Religion 89 30.5
    Australian Aboriginal Traditional Religions 3 1.0
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 12 8.1
    $300-$399 29 19.6
    $400-$599 29 19.6
    $600-$799 17 11.5
    $800-$999 21 14.2
    Others 40 27.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 165 59.1
    Employed, worked full-time 42 15.1
    Employed, worked part-time 34 12.2
    Unemployed, looking for work 20 7.2
    Employed, away from work 18 6.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 10 10.6
    Clerical & administrative workers 15 16.0
    Sales 14 14.9
    Machinery operators & drivers 12 12.8
    Labourers 18 19.1
    Others 25 26.6
    Occupation
    Census Count Percent(%)
    Secondary 12 40.0
    Infants/Primary 9 30.0
    Technical or Further Educational Institution 6 20.0
    Pre-school 3 10.0
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 257 90.8
    Semi-detached, row or terrace house, townhouse 26 9.2
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 82 51.9
    Being purchased 46 29.1
    Rented 26 16.5
    Other tenure type 4 2.5
    Tenure Type
Census 2011, ABS
Chart Table