AREA REPORTS

South Golden Beach

Suburb Profile

South Golden Beach - FREE SUBURB PROFILE REPORT

POSTAL CODE: NSW,2483

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SOUTH GOLDEN BEACH, 2483 ranks 572nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.32% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $837,500.

The upward trend in home prices in SOUTH GOLDEN BEACH, 2483 averaged 24.53% per annum over a 3-year period.

Average weekly rents on listings have reached the $565 mark, reflecting a 3.51% increase in returns based on the current median price in SOUTH GOLDEN BEACH.

An average of 1.17 real estate transactions take place per month in SOUTH GOLDEN BEACH which translates to 14 per annum.

14 properties were sold in SOUTH GOLDEN BEACH in 2016, making it the 1149th most active market in NSW based on total real estate transactions.

SOUTH GOLDEN BEACH, 2483 places 688th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$837,500	N/A
GROWTH REPORT
Median Quarterly	0.3%	N/A
Median 12 month	16.32%	N/A
Median 3 years	73.58%	N/A
Median 5 years	113.65%	N/A
10 years average annual	7.16%	N/A
Weekly media advert. rent	$565	N/A
Time on Market	103.5 days	N/A
Gross Rental Yield Percent	3.51%	N/A

demographics (median values)

Total Population

757

Weekly Household Income

689.7

Household Size

2.60

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