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Investment Property Goonellabah, NSW, 2480

Suburb Snapshot

Goonellabah is a suburb in the Lismore Region of New South Wales. Goonellabah has a population of 12,898 people and 27.47% of its occupants live in rental accommodation. The median listing price for houses is $719,500 and this has changed -1.44% over the past year and changed 2.93% over 2 years.

The median rent in Goonellabah for houses is $580 per week and the median rental yield is 4.19%. Stock on the market for houses/townhouses has changed -25.29% compared to last year and the average time to sell a house/townhouse is 133 days.The median listing price for units is $450,000 and this has changed -4.77% over the past year. The average unit takes 92 days to sell and the median rent for a unit in Goonellabah is $385 per week, producing a rental yield of 4.44%.

Supply & Demand in Goonellabah, Lismore

0.42%

Current vacancy rate


26

Rental stock available


12,898

Population


27.47%

Rental population


0.43%

Current vacancy rate


91

Rental stock available


43,134

Population


25.09%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Goonellabah, Lismore

  House Townhouses Units
Median listing price $719,500 $840,000 $450,000
Median price change - last quarter -0.14% 49.54% -1.64%
Median price change - 1 year -1.44% 62.47% -4.77%
Median price change - 2 years 2.93% 55.69% NA
  House Townhouses Units
Median weekly rent $580 $470 $385
Median yield % 4.19% 2.90% 4.44%
Median rent change - 1 year 1.75% 4.44% -3.75%
  House Units
Previous month sales 12 2
Stock on market previous month 65 14
Stock variance vs. last year -25.29% 55.56%
Average days on market 133 92

Goonellabah investment property listings

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