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Goulburn

NSW 2580LGA: Goulburn Mulwaree Council

Investment Score

75

/100

AI Intelligence Summary

Goulburn is a historic regional city in NSW's Southern Tablelands, located 195km southwest of Sydney. As the administrative centre for Goulburn Mulwaree Council, it serves as a key regional hub with a population of approximately 24,000. The city combines rich heritage architecture with modern amenities, featuring quality educational institutions including Goulburn High School, comprehensive healthcare facilities anchored by Goulburn Base Hospital, and a growing arts and cultural scene. Goulburn's strategic location on the Hume Highway provides excellent connectivity to Sydney and Melbourne, while regular train services enhance accessibility. The property market has experienced significant growth driven by regional migration trends and affordability compared to Sydney, with strong demand for both residential and lifestyle properties. The community enjoys an active sporting culture, regular festivals, and a tight rental market reflecting growing investment interest. With ongoing infrastructure upgrades and industrial development supported by its strategic transport links, Goulburn represents a compelling blend of regional lifestyle benefits and urban conveniences.

Strengths

  • Strategic location on Hume Highway with excellent Sydney-Melbourne connectivity
  • Strong educational infrastructure with quality schools and institutions
  • Comprehensive healthcare facilities including major regional hospital
  • Rich cultural heritage with historic architecture and active arts scene

Opportunities

  • Ongoing infrastructure upgrades including digital connectivity improvements
  • Industrial development potential leveraging strategic location
  • Growing arts and cultural tourism sector
  • Increasing investment interest from Sydney buyers seeking affordability

Considerations

  • Higher median age reflecting regional demographic patterns
  • Limited public transport options compared to metropolitan areas
  • Dependence on road transport for connectivity
  • Competition from other regional centres for growth

Property Market

Median House

$580K

+12.5% 1yr

Median Unit

$385K

+8.5% 1yr

Median Townhouse

$495K

Rent (House)

$480/wk

Rent (Unit)

$430/wk

Days on Market

35

Vacancy Rate

1.2%

Auction Clearance

68.0%

Price Growth

Type1 Year3 Year5 Year
House+12.5%+28.0%+45.0%
Unit+8.5%+22.0%+35.0%

Rental Yields

House Yield

4.2%

Unit Yield

5.8%

Townhouse Yield

4.6%

Investment Scorecard

Overall Investment Score75/100
Growth Potential78/100
Cashflow Score72/100
Risk Score (lower = safer)68/100
Affordability Index68/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Goulburn at median house price

Standard transfer
$20,630
First Home Buyer
Exempt

Save $20,630

Foreign buyer surcharge
$46,400

+8% surcharge

Annual rent income
$24,960

$480/wk

Interest (80% LVR @ 6.5%)
-$30,160
Other expenses (~2.5%)
-$14,500
Net rental position
-$19,700

Negatively geared

Tax benefit (39% MTR)
+$7,683

Reduces taxable income

After-tax holding cost
$12,017/yr

~$231/week

Based on 9.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$892,402
Capital gain
$288,872
After discount
$144,436
CGT payable
$56,330

10-Year Hold

Est. value
$1.37M
Capital gain
$769,541
After discount
$384,770
CGT payable
$150,060

Investor Quick Summary

Entry cost (stamp duty)

$20,630

After-tax yield

2.56%

Weekly holding cost

$231/wk

10yr CGT (est.)

$150,060

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

24,000

Median Age

42

Median Income

$65K

per annum

Family Households

68.0%

Professionals

35.0%

University Educated

28.0%

Unemployment

5.2%

Born Overseas

18.0%

Dwelling Mix

Houses: 72%Units: 22%Townhouses: 6%Total: 9,800

Lifestyle & Community

Walkability65/100
Public Transport5/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

45

Parks

12

Hospitals

1

Distance to CBD

195.0 km

Nearest Station: Goulburn Railway Station

Regional lifestyle with quality amenities, heritage attractions, recreational facilities, and regular community events and festivals

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Data sourced from multiple sources. Last updated 26 March 2026.

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