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South Golden Beach
AREA REPORTS

South Golden Beach

South Golden Beach - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2483

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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 $960,000.

The upward trend in home prices in SOUTH GOLDEN BEACH, 2483 averaged 4.76% per annum over a 3-year period.

Average weekly rents on listings have reached the $600 mark, reflecting a 3.25% increase in returns based on the current median price in SOUTH GOLDEN BEACH.

An average of 1.58 real estate transactions take place per month in SOUTH GOLDEN BEACH which translates to 19 per annum.

19 properties were sold in SOUTH GOLDEN BEACH in 2016, making it the 983rd most active market in NSW based on total real estate transactions.

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

Data report can be found below

South Golden Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $960,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 5.06% N/A
Median 3 years 14.29% N/A
Median 5 years 86.41% N/A
10 years average annual 8.24% N/A
Weekly media advert. rent $600 N/A
Time on Market 53.8 days N/A
Gross Rental Yield Percent 3.25% N/A
demographics (median values)*
Total Population
10609
Weekly Household Income
1040
Household Size
2.30
Age
45
Monthly Loan Repayment
1724
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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