The suburb’s capital gain of -2.63% for the past year is lower than average compared to its 11% growth within a five-year period.
Also in GOLDEN POINT, the median home price is sitting at $277,500, and the average rent at $265, this suggests property owners could potentially earn a 4.97% increase in gross rental yield.
Property investors have seen a -4.31% drop in GOLDEN POINT based on a decrease 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 3.83% growth over a ten-year period. It ranks 2141st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.63%||N/A|
|Median 3 years||4.72%||-13.03%|
|Median 5 years||11%||-14.79%|
|10 years average annual||3.83%||N/A|
|Weekly media advert. rent||$265||$270|
|Time on Market||56.0 days||0.0 days|
|Gross Rental Yield Percent||4.97%||6.19%|