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Gol Gol
AREA REPORTS

Gol Gol

Gol Gol - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2738

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Property investors enjoyed capital gains of 9.41% over the last 12 months in GOL GOL, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in GOL GOL are high, as opposed to average gains per annum over the past five years.

The suburb posted a 24% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.

On average, rents on listings have reached the $370 mark, reflecting a 4.14% increase in returns based on the current median price in GOL GOL.

GOL GOL, 2738 ranks 962nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 265th on the list of best yielding suburbs for rental properties in NSW, posting a 4.14% return.

Data report can be found below

Gol Gol
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $465,000 N/A
GROWTH REPORT
Median Quarterly 17.35% N/A
Median 12 month 9.41% N/A
Median 3 years 24% N/A
Median 5 years 32.2% N/A
10 years average annual 5.5% N/A
Weekly media advert. rent $370 N/A
Time on Market 32.5 days N/A
Gross Rental Yield Percent 4.14% N/A
demographics (median values)*
Total Population
1667
Weekly Household Income
1535
Household Size
2.70
Age
39
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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