Australia Heads Towards An Apartment Drought
The Property Council is predicting an apartment supply crunch across some of the country’s largest housing markets, wh...
The suburb’s capital gain of 13.07% for the past year is lower than average compared to its 65.63% growth within a five-year period.
Also in GOLDEN POINT, the median home price is sitting at $424,000, and the average rent at $300, this suggests property owners could potentially earn a 3.68% increase in gross rental yield.
Property investors have seen a 3.04% 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 13.07%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.72% growth over a ten-year period. It ranks 1368th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||13.07%||-3.56%|
|Median 3 years||38.56%||6.82%|
|Median 5 years||65.63%||N/A|
|10 years average annual||5.72%||8.84%|
|Weekly media advert. rent||$300||$290|
|Time on Market||48.3 days||73.3 days|
|Gross Rental Yield Percent||3.68%||4.64%|