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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 531st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 9.24% 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 $931,250.

The upward trend in home prices in SOUTH GOLDEN BEACH, 2483 averaged 21.37% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.63% increase in returns based on the current median price in SOUTH GOLDEN BEACH.

An average of 1.83 real estate transactions take place per month in SOUTH GOLDEN BEACH which translates to 22 per annum.

22 properties were sold in SOUTH GOLDEN BEACH in 2016, making it the 829th most active market in NSW based on total real estate transactions.

SOUTH GOLDEN BEACH, 2483 places 21st 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 $931,250 N/A
GROWTH REPORT
Median Quarterly 14.26% N/A
Median 12 month 9.24% N/A
Median 3 years 64.1% N/A
Median 5 years 94.01% N/A
10 years average annual 8.7% N/A
Weekly media advert. rent $650 N/A
Time on Market 104.8 days N/A
Gross Rental Yield Percent 3.63% N/A
demographics (median values)
Total Population
757
Weekly Household Income
689.7
Household Size
2.60
demographics
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