Gol Gol is a small community in New South Wales within the Wentworth local government area (postcode 2738). With a population of 1,956, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $109K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Gol Gol is $231,000, having dropped significantly 21.3% over the past year. Units have a median price of $440,000. The current median weekly rent is $590. This gives a gross rental yield of approximately 13.3%. The median monthly mortgage repayment is $1,733.
Gol Gol is served by 1 school, including 1 primary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Wentworth LGA is moderate at 5,817 incidents per 100,000 population.
From an investment perspective, Gol Gol offers a gross rental yield of 13.3%, rated as high yield. Property prices sit below the state median ($231K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.1x is considered affordable. House prices have moved -21.3% year-on-year.
Gol Gol is a small community in New South Wales within the Wentworth local government area (postcode 2738). With a population of 1,956, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $109K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Gol Gol is $231,000, having dropped significantly 21.3% over the past year. Units have a median price of $440,000. The current median weekly rent is $590. This gives a gross rental yield of approximately 13.3%. The median monthly mortgage repayment is $1,733.
Gol Gol is served by 1 school, including 1 primary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Wentworth LGA is moderate at 5,817 incidents per 100,000 population.
From an investment perspective, Gol Gol offers a gross rental yield of 13.3%, rated as high yield. Property prices sit below the state median ($231K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.1x is considered affordable. House prices have moved -21.3% year-on-year.