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Golden Point
AREA REPORTS

Golden Point

Golden Point - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3350

house
unit
GOLDEN POINT ranks 169th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 26.83% for the past year is higher than average compared to its 76.27% growth within a five-year period.

Also in GOLDEN POINT, the median home price is sitting at $520,000, and the average rent at $330, this suggests property owners could potentially earn a 3.3% increase in gross rental yield.

Property investors have seen a 6.67% gain in GOLDEN POINT based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on GOLDEN POINT, 3350 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 26.83%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.93% growth over a ten-year period. It ranks 929th on our list of suburbs that property investors should look into.

Data report can be found below

Golden Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $520,000 $355,000
GROWTH REPORT
Median Quarterly 6.67% -2.07%
Median 12 month 26.83% 0.71%
Median 3 years 47.52% 22.41%
Median 5 years 76.27% 40.32%
10 years average annual 7.93% 7.39%
Weekly media advert. rent $330 $320
Time on Market 30.1 days 31.2 days
Gross Rental Yield Percent 3.3% 4.69%
demographics (median values)*
Total Population
2143
Weekly Household Income
685.1
Household Size
2.30
Age
33
Monthly Loan Repayment
780
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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