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Golden Bay suburb profile

Golden Bay is a relaxed coastal suburb on Perth’s southern fringe, centred on a long sandy foreshore and coastal reserves that shape everyday life. The area has a low-rise, family-oriented feel with mostly detached homes on modest blocks, many backing onto parks or offering sea glimpses. Residents value the easy beach lifestyle, outdoor recreation such as walking, fishing and picnics, and a quieter pace compared with busier urban centres. A handful of local shops and community facilities cover daily needs while larger retail and transport connections are a short drive away, making it popular with families and retirees seeking coastside living.

Golden Bay property market performance

Golden Bay has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $815,000, up sharply 15.4% over the last 12 months.

Over the last 3 months 34 houses were sold. Houses spent a median of 10 days on the market over the last 12 months, indicating quick turnover for those sales.

The rental market in Golden Bay shows house rents averaging $650 a week, up a modest 3.2% over the last 12 months.

HousesUnits
Median price
Past 3 months
$815KN/A
Change in value
Past 12 months
15.4%N/A
Sold
Past 3 months
34N/A
Median days on market
Past 12 months
10N/A
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
3.2%N/A

5 year median price trend for houses and units

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Golden Bay demographics

Golden Bay is home to 5,681 people, with a median age of 30 and a typical household income of $1,891 a week, roughly $98,332 a year.

Families make up the bulk of the reported household types. Couple families with children are the largest group at 47.2% (723 families), while couple families without children account for 28.2% (431). One-parent families represent 23.3% (356) and other families 1.4% (21).

In Golden Bay, most homes are owner-occupied: 15.1% are owned outright and 59.9% are owned with a mortgage, a combined 75.0%, while 25.1% of dwellings are rented.

Golden Bay infrastructure, key developments and investment opportunities

Golden Bay has the City of Rockingham’s Coastal Community Centre on Tangadee Road and Rhonda Scarrott Reserve, which includes two playing ovals, a skate park and the Golden Bay Sports Pavilion. The pavilion and adjoining upgrades to the community centre were completed and officially opened in 2017, providing change rooms, a clubroom, kitchen, toilets and hireable function space.

The Golden Bay Structure Plan guides further development of the area, naming a neighbourhood centre, coastal node, public open space and a primary school site and identifying new bus routes to connect the precinct with the planned Karnup METRONET station. The WA Government announced on 1 December 2024 that Golden Bay is included in the first tranche of social and affordable housing projects on government land.

Suburbs near Golden Bay

Some popular suburbs near Golden Bay include:

How does Golden Bay compare to nearby suburbs?

  • Median house prices: Golden Bay’s median house price is 1.9% higher than Lakelands’s.
  • House price growth: Over the past 12 months, house prices in Golden Bay have grown 1.8% higher than in Madora Bay.
  • Selling speed for houses: Properties in Golden Bay are selling 37.5% faster than in Singleton.

Common questions about Golden Bay

  • Is Golden Bay a nice place to live?

    Golden Bay is a relaxed coastal suburb on Perth’s southern fringe, centred on a long sandy foreshore and coastal reserves that shape everyday life. It has a low-rise, family-oriented feel with mostly detached homes on modest blocks, many backing onto parks or offering sea glimpses. Residents make the most of the beach lifestyle and outdoor recreation such as walking, fishing and picnics, and the quieter pace appeals to families and retirees seeking coastside living.

    Golden Bay is home to 5,681 people with a median age of 30. Most homes are owner-occupied, with 75.0% owned outright or with a mortgage and 25.1% rented. Local facilities include the City of Rockingham’s Coastal Community Centre, Rhonda Scarrott Reserve with two playing ovals, a skate park and the Golden Bay Sports Pavilion. The Golden Bay Structure Plan identifies a neighbourhood centre, coastal node, public open space and a primary school site, and it also outlines new bus routes to link the precinct with the planned Karnup METRONET station; the suburb has been included in WA Government social and affordable housing projects on government land.

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  • Is it expensive to live in Golden Bay?

    At a median house price of $815,000, buying in Golden Bay works out to about 8.3 times a typical local household's annual income at the last Census, which sits well above local incomes. Renting a house at about $650 a week would take roughly 34.4% of a typical local household's weekly income at the last Census, a sizeable share of income. On these figures, buying is the more stretched option, while renting also takes a sizeable portion of what a typical local household earned at the last Census.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

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  • Is Golden Bay a good place to invest?

    House values in Golden Bay rose 15.4% over the past 12 months, a strong increase, while house rents increased 3.2% over the same period, a modest gain.

    For someone weighing Golden Bay as an investment, the figures show capital growth on houses outpaced rental income growth over the year. Which of those outcomes matters to you depends on your objectives and circumstances.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Golden Bay

There are 77 real estate agents in Golden Bay, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 47.5% of all sales in the past year.

Commission rates in Golden Bay typically range from 1% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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