Googong NSW Property Investment

## 2. Market Overview - Median house price: $1,064,104 - Median unit price: $686,215 - 1‑year price growth: 33.9% (very strong recent upside) - 5‑year CAGR: 14.9% per year (sustained long‑term expansion) - 3‑year growth forecast: 13.5% per year (future momentum expected) - Days on market: data not supplied

Signal: The combination of rapid recent price appreciation and a solid long‑term CAGR suggests sellers are in a strong position, but the still‑high yields mean buyers can still achieve decent returns if they lock in at current median levels.

## 3. Rental Market - Median weekly rent: $830 / wk - Gross rental yield: 4.1% - Vacancy rate: data not supplied - Demand rating: data not supplied

Implication: A 4.1% gross yield sits above the national average for similar‑priced assets, indicating the rental market is healthy enough to support investor cash flow. Lack of vacancy data means investors should verify local occupancy before committing.

## 4. Short‑Term Rental Opportunity - STR nightly rate: data not supplied - STR occupancy: data not supplied - Estimated annual STR revenue: cannot be calculated

Conclusion: With no STR metrics available, we cannot quantify the short‑term rental upside. Given the strong long‑term yield (4.1%) and limited STR data, long‑term rental (LTR) remains the safer default strategy.

## 5. Infrastructure & Growth Drivers - Known projects, transport, employment base: data not supplied

Interpretation: While specific infrastructure details are missing, the strong price growth and high yields imply underlying demand drivers—likely new housing estates, proximity to Canberra, and regional employment growth—are already influencing the market.

## 6. Bull Case Assume the 3‑year growth forecast of 13.5% per annum materialises:

If yields stay near 4.1%, rental income would rise proportionally, pushing gross yields to around 4.5% as rents climb faster than prices in a high‑growth environment.

## 7. Risks | Risk | Quantified Concern | |------|--------------------| | Vacancy risk | No vacancy data – investors should confirm local occupancy before purchase. | | Single‑employer dependency | No employment data – if the suburb relies heavily on one major employer, a downturn there could pressure rents and prices. | | Supply pipeline | No data on upcoming dwellings – a surge in new units could dilute yields and slow price growth. | | Rate sensitivity | With a 33.9% recent price jump, higher interest rates could curb further price appreciation and increase borrowing costs, tightening cash‑flow margins. |

## 8. The Play - Entry range: Target purchases around the median house price of $1,064,104 or the median unit price of $686,215. - Minimum yield target: Aim for ≥4.1% gross yield to match the suburb’s current benchmark. - Watch signals: 1. Confirmation of vacancy rate < 3% (strong demand). 2. Announcement of new infrastructure or employment projects within 5 km. 3. Any slowdown in 1‑year price growth below 20% (could indicate a market cool‑down). - Recommended strategy: Acquire a property at or below the median price, secure a tenant at the $830 / wk rent level, and monitor the above watch signals. If vacancy remains low and infrastructure news is positive, consider modest rent increases to push gross yield toward 4.5% while holding for capital growth. If STR data later emerges and shows high nightly rates with >70% occupancy, re‑evaluate for a mixed‑use (LTR + STR) approach.