Goolma is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 95, the suburb has a mature demographic with a median age of 54. Households earn a median income of $67K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Goolma is $738,000, having surged 22% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,473.
Goolma is served by 1 school, including 1 primary. The average ICSEA score is 928, which is below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Goolma offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($738K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +22.0% year-on-year.
Goolma is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 95, the suburb has a mature demographic with a median age of 54. Households earn a median income of $67K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Goolma is $738,000, having surged 22% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,473.
Goolma is served by 1 school, including 1 primary. The average ICSEA score is 928, which is below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Goolma offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($738K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +22.0% year-on-year.