Goulburn MulwareeEconomic profile
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Goulburn Mulwaree Council area

Rental listings

At June 2016, Goulburn Mulwaree Council area had a median house rental of $330, $110 lower than the median house rental for New South Wales.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2011-2016, Automated Valuation System

Rental listings
Goulburn Mulwaree Council area20162013Change
Housing value (at June)Goulburn Mulwaree Council areaNew South WalesGoulburn Mulwaree Council area relative to New South WalesGoulburn Mulwaree Council areaNew South WalesGoulburn Mulwaree Council area relative to New South Wales2013 to 2016
House--------------
First Quartile$290$350-17.1%$270$330-18.2%+$20
Median$330$440-25.0%$300$415-27.7%+$30
Third Quartile$360$600-40.0%$350$570-38.6%+$10
Median Rental Yield5.3%4.1%--5.8%5.1%----
Unit--------------
First Quartile$200$350-42.9%$190$320-40.6%+$10
Median$220$450-51.1%$205$420-51.2%+$15
Third Quartile$265$590-55.1%$241$550-56.2%+$24
Median Rental Yield5.6%4.2%--6.2%5.3%----

Source: Hometrack 2011-2016, Automated Valuation System.

Rental listings, 2016
Rental listings, 2016 Third Quartile, New South Wales: $590 Median, New South Wales: $450 First Quartile, New South Wales: $350 Third Quartile, New South Wales: $600 Median, New South Wales: $440 First Quartile, New South Wales: $350 Third Quartile, Goulburn Mulwaree Council area: $265 Median, Goulburn Mulwaree Council area: $220 First Quartile, Goulburn Mulwaree Council area: $200 Third Quartile, Goulburn Mulwaree Council area: $360 Median, Goulburn Mulwaree Council area: $330 First Quartile, Goulburn Mulwaree Council area: $290
Source: Hometrack 2011-2016, Automated Valuation System
Change in rental listings, 2013 to 2016
Change in rental listings, 2013 to 2016 Third Quartile, New South Wales: $40 Median, New South Wales: $30 First Quartile, New South Wales: $30 Third Quartile, New South Wales: $30 Median, New South Wales: $25 First Quartile, New South Wales: $20 Third Quartile, Goulburn Mulwaree Council area: $24 Median, Goulburn Mulwaree Council area: $15 First Quartile, Goulburn Mulwaree Council area: $10 Third Quartile, Goulburn Mulwaree Council area: $10 Median, Goulburn Mulwaree Council area: $30 First Quartile, Goulburn Mulwaree Council area: $20
Source: Hometrack 2011-2016, Automated Valuation System

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