South Golden Beach is a small community in New South Wales within the Byron local government area (postcode 2483). With a population of 887, the suburb has an established demographic with a median age of 40. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in South Golden Beach is $1.4 million, having surged 14.3% over the past year. Units have a median price of $960,000 (+7% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,037.
Public transport access includes 1 bus stop. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, South Golden Beach offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved +14.3% year-on-year.
South Golden Beach is a small community in New South Wales within the Byron local government area (postcode 2483). With a population of 887, the suburb has an established demographic with a median age of 40. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in South Golden Beach is $1.4 million, having surged 14.3% over the past year. Units have a median price of $960,000 (+7% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,037.
Public transport access includes 1 bus stop. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, South Golden Beach offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved +14.3% year-on-year.