Goolmangar (postcode 2480) is a small, quiet locality in New South Wales within the Lismore local government area. The area has roughly 183 residents and a settled mid-life population, with a median age of 43. Households earn a median income of $94K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, clerical & administrative, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Goolmangar stand at $560,000, having risen solidly by 6.7% over the last twelve months. The current median weekly rent is $535. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,777.
Public transport access includes 27 bus stops. The crime rate in the Lismore LGA is moderate at 5,173 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 5.0%, which reads as moderate yield. Property prices sit below the state median ($560K/$1.5M), which can point to relative value. The price-to-income ratio of 6.0x is considered affordable. House prices have moved +6.7% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.