Goonellabah, NSW
OVERVALUED11,771 sales · 36 years of data · NSW, Australia
Goonellabah, NSW Property Market Overview
Goonellabah, located in the Northern Rivers region of New South Wales, presents a diverse property market with a substantial history. Our analysis covers 36 years of recorded sales data, encompassing a total of 11,771 transactions. The current median property price in Goonellabah sits at $700,000, influenced by a mix of houses and apartments. The suburb offers a blend of established residential areas and ongoing development.
Goonellabah's property market is notable for its consistent growth over the long term. The median house price is currently $740,000, while apartments have a median of $552,000. The market's performance is further highlighted by its historical capital growth rates, making it a key area of interest for those analysing the NSW property landscape. Strata title properties account for 12.1% of the overall market in Goonellabah.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Goonellabah
Top streets in Goonellabah, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Joy St | $869,000 |
| 2 | Canary Dr | $855,000 |
| 3 | Waratah Way | $1,002,500 |
| 4 | Mahogany Pde | $850,000 |
... and 342 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Acacia Ave | $2,024/m² |
| 2 | Oak Dr | $1,352/m² |
| 3 | Kookaburra Tce | $1,172/m² |
| 4 | Mahogany Pde | $1,440/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Ballina Rd | +8.0% |
| 2 | Spring Valley Dr | +8.4% |
| 3 | Shearman Dr | +10.3% |
| 4 | Invercauld Rd | +8.1% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 57 Acacia Ave | $755,000 |
... and 23 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Goonellabah analysis
346 streets and 27 buildings to explore
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Goonellabah at a Glance
Goonellabah, NSW
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Local Amenities
Living in Goonellabah, NSW
Goonellabah offers a relaxed lifestyle with a mix of residential and commercial areas. The suburb is home to several schools, including Goonellabah Public School and Trinity Catholic College, making it a popular choice for families.
For shopping, residents have access to the Goonellabah Shopping Centre, which provides a range of retail and service options. Parks and recreational areas, such as the Goonellabah Sports and Aquatic Centre, offer opportunities for outdoor activities. The vibe in Goonellabah is generally community-oriented, with a focus on family-friendly amenities and a slower pace of life.
The suburb provides a balance between convenience and a more laid-back lifestyle compared to larger urban centres. While there isn't a train station directly in Goonellabah, bus services connect residents to nearby areas. The community character is defined by its friendly atmosphere and a strong sense of local identity.
Who Buys in Goonellabah?
The buyer profile in Goonellabah is diverse, reflecting a mix of families, first home buyers, and investors. The presence of schools and parks makes it attractive to families seeking a suburban lifestyle. The median house price of $740,000, while substantial, may still be within reach for some first home buyers.
The 12.1% strata percentage indicates a smaller proportion of apartment dwellers compared to house owners. Investors may be drawn to Goonellabah by its historical growth rates, as evidenced by the 10-year CAGR of 7.9%. The blend of housing options and community amenities contributes to the broad appeal of Goonellabah.
Market Analysis
Currently, the Goonellabah property market is positioned above its long-term trend, indicating that it's in overvalued territory. This assessment is based on our proprietary analysis of price movements relative to historical averages over the past 36 years.
Being above its long-term trend suggests that property prices in Goonellabah may be higher than what is considered sustainable based on past performance. This doesn't necessarily indicate an imminent correction, but rather that potential buyers and sellers should be aware of the current market dynamics. Further analysis is required to determine the specific factors contributing to this valuation, considering broader economic conditions and local market drivers.
Is Goonellabah a Good Investment?
Goonellabah's property market has demonstrated consistent growth over the long term, as reflected in its historical CAGR figures. The 10-year CAGR of 7.9% and the full-period CAGR of 5.4% indicate a sustained upward trend in property values. These growth patterns are influenced by a range of factors, including population growth, local infrastructure development, and the overall economic climate.
Currently, the Goonellabah property market is positioned above its long-term trend, suggesting that it's in overvalued territory. This cycle position needs to be considered alongside the historical growth rates when assessing the potential for future price appreciation. The relatively high proportion of houses compared to apartments also shapes the investment landscape in Goonellabah. Further analysis of local market dynamics is essential to understand the drivers of property values in this suburb.
Goonellabah Market Outlook
As of early 2026, the Goonellabah property market is positioned above its long-term trend. This reflects a period of price appreciation relative to historical averages. Recent price trends indicate continued activity in the market, although the sustainability of these trends will depend on broader economic conditions.
Understanding the current market conditions in Goonellabah requires careful consideration of the cycle position and other key indicators. Monitoring price movements and sales volumes will be crucial for assessing the future trajectory of the suburb's property market.
Streets & Location in Goonellabah, NSW
Goonellabah, identified by postcode 2480, features a variety of residential streets, with a total of 346 streets contributing to its character. Among these, streets like ACACIA AVE, HILLCREST AVE, and TRINITY DR have demonstrated higher median property prices compared to the suburb average.
The location of Goonellabah within the Northern Rivers region contributes to its appeal, offering a balance between urban convenience and access to natural landscapes. These factors can influence property values and buyer interest in specific areas within the suburb.
Market Dynamics
Recent sales data indicates an average settlement timeframe of 42 days for properties in Goonellabah. This figure reflects the typical transaction process in the current market. The quick-flip percentage is currently unavailable.
Understanding these transaction patterns provides insights into the liquidity and efficiency of the Goonellabah property market. These metrics, combined with price trends, can offer a more comprehensive view of market activity.
Development & Density
Goonellabah features a relatively low density of apartment buildings, with only 27 such complexes recorded. This contrasts with the prevalence of detached houses, which form the majority of the suburb's housing stock. The strata percentage of 12.1% further underscores the dominance of houses in Goonellabah's property landscape.
These development patterns contribute to the overall character of Goonellabah, influencing property values and the lifestyle options available to residents. The relatively limited number of apartments may also impact the availability and pricing of rental properties in the area.
Growth & Property Mix
Over the past decade, Goonellabah's property market has experienced a compound annual growth rate (CAGR) of 7.9%. Looking back further, the 20-year CAGR stands at 5.5%, while the full-period CAGR, encompassing all 36 years of data, is 5.4%. These figures provide context on the historical growth trajectory of Goonellabah properties.
The property mix in Goonellabah is predominantly houses, with apartments representing a smaller proportion of the market. This composition influences the overall median price and growth patterns observed in the suburb.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.