Suburb Profile Report for Golden Bay WA (6174)

Golden Bay House: Median price $325,000, Annual capital growth -0.20%, Number of sales 75, Weekly median advertised rent $330

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Golden Bay, 6174 ranked 388th in WA when comparing growth in median property values or capital gain over the last 12 months. Golden Bay is one of 1662 in our list for WA

A -19.75% growth in median value for property investors in Golden Bay,6174 puts this suburb at number 402th in terms of best performing suburbs in WA

Property investors looking for a bargain in Golden Bay should be aiming for at least -9.28% off the asking price, which is the average vendor discount being achieved at the moment.

At number 3097 in a list of fastest selling suburbs, Golden Bay is in the bottom 20% of suburbs in Australia with an average of days on market 109.186 for properties listed there.

With the median price for a house in Golden Bay being $325000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.28%

Metrics i HOUSE UNIT
$325,000 N/A
-5.11% N/A
-10.96% N/A
-0.20% N/A
$330 N/A
75 N/A
5.28% N/A
109.186440677966 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2176
Median household income ($/weekly) 1604
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 351 16.1
    25-34 years 263 12.1
    35-44 years 370 17.0
    45-54 years 316 14.5
    55-64 years 193 8.9
    Others 683 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 696 48.4
    Not Married 514 35.8
    Defacto Relationship 227 15.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1522 75.3
    Papua New Guinea 77 3.8
    South Africa 25 1.2
    United Kingdom 295 14.6
    Other 29 1.4
    Others 74 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1217 63.5
    No Religion 675 35.2
    Buddhism 16 0.8
    Other Religious Groups 7 0.4
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 66 10.6
    $600-$799 49 7.9
    $1,500-$1,999 91 14.6
    $2,000-$2,499 63 10.1
    $2,500-$2,999 86 13.8
    Others 267 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 639 42.0
    Not in the labour force 446 29.3
    Employed, worked part-time 296 19.4
    Employed, away from work 81 5.3
    Unemployed, looking for work 60 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 152 15.0
    Technicians & trades workers 240 23.6
    Community & personal service workers 102 10.0
    Clerical & administrative workers 121 11.9
    Labourers 112 11.0
    Others 288 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 39 7.3
    Infants/Primary 250 47.1
    Secondary 128 24.1
    Technical or Further Educational Institution 52 9.8
    University or other Tertiary Institutions 49 9.2
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1952 99.7
    Improvised home, tent, sleepers out 3 0.2
    House or flat attached to a shop, office 3 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 338 47.7
    Rented 202 28.5
    Fully owned 169 23.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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