Goolwa is a smaller suburb in South Australia within the Alexandrina local government area (postcode 5214). With a population of 2,558, the suburb has an older demographic with a median age of 67. Households earn a median income of $41K per year, with an average household size of 1.8 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $390,000 (+14.7% YoY). The current median weekly rent is $412. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,000.
Goolwa is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 964, which is around the national average of 1,000. The crime rate in the Alexandrina LGA is below average at 2,932 incidents per 100,000 population.
From an investment perspective, Goolwa offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($390K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +14.7% year-on-year.
Goolwa is a smaller suburb in South Australia within the Alexandrina local government area (postcode 5214). With a population of 2,558, the suburb has an older demographic with a median age of 67. Households earn a median income of $41K per year, with an average household size of 1.8 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $390,000 (+14.7% YoY). The current median weekly rent is $412. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,000.
Goolwa is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 964, which is around the national average of 1,000. The crime rate in the Alexandrina LGA is below average at 2,932 incidents per 100,000 population.
From an investment perspective, Goolwa offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($390K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +14.7% year-on-year.