Victorian land sales strong despite restrictions
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The suburb’s capital gain of 3.31% for the past year is lower than average compared to its 41.82% growth within a five-year period.
Also in GOLDEN POINT, the median home price is sitting at $390,000, and the average rent at $300, this suggests property owners could potentially earn a 4% increase in gross rental yield.
Property investors have seen a 4% gain in GOLDEN POINT based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.53% growth over a ten-year period. It ranks 1294th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $390,000 | $337,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4% | 0% |
| Median 12 month | 3.31% | 9.24% |
| Median 3 years | 36.84% | 61.05% |
| Median 5 years | 41.82% | 42.65% |
| 10 years average annual | 5.53% | 16.33% |
| Weekly media advert. rent | $300 | $280 |
| Time on Market | 53.7 days | 83.3 days |
| Gross Rental Yield Percent | 4% | 4.32% |
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