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Goolwa, SA 5214

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Goolwa, SA 5214 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Goolwa, SA 5214”

  1. The total adult population (15 years or older) of Goolwa 5214 SA is 2,372, with a median age of 67. Of those, 45.53% are married, 19.94% are divorced or separated, 20.24% are single and 13.70% are widowed.

    The average household size is 1.8 people per dwelling, and the median household monthly income is estimated to be $4,256. The median monthly mortgage repayment for households in this suburb is $1,000 which is 23.50% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Goolwa 5214, situated in South Australia, boasts approximately 1990 established households. As we stride into the third quarter of 2023, property market analyses reveal that the typical prices for houses in this suburb stand at an impressive $539,734. Paired with a median weekly rent rate of $372, investors can anticipate an indicative yield of 3.58%, thus meeting the attractive market requirement for cashflow-centered property investors.

    Goolwa 5214 also scores an 889 out of 1217 on the IRSAD scale, indicating an idyllic socio-economic status for the population residing in the area. With a renter to owner ratio of 24%, the suburb presents a promising prospect for long term returns with a relatively low risk of competition among property investors. This is further enhanced by a skewed units to houses ratio of 10%, suggesting that the market is not oversaturated with units and maintains a viable long-term investment outlook.

    However, a comparative analysis of the housing affordability index reveals that it may typically require about 50 years to wholly own a property in Goolwa 5214 which could potentially deter some buyers. On the bright side, a rather low stock on market percentage of 0.33% and an inventory level of 1.5 months, underline a favourable market condition with limited supply.

    Moreover, the building approvals ratio for houses stands at a moderate 1.0%, ensuring that the supply of new dwelling stock in the market stays well-balanced. The suburb’s average days on market for houses is plateaued at 30, pointing towards a high demand market. The combined vacancy rate for houses and units in the suburb stands at a negligible 0.62%, suggesting a high-demand scenario which is a promising indicator for investors. The suburb’s buy search index rate is fixed at 4, indicating a neutral demand condition.

    To sum up, while the affordability index might act as a damper, an overview of the property market in Goolwa 5214 presents a combination of favourable and neutral factors that make it an intriguing prospect for astute investors. Always remember that understanding the market conditions and trends is key for making informed investment decisions. The RCS, developed by HtAG Analytics, can further aid in simplifying this research process by providing a comprehensive composite score derived from an array of metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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