GOLDEN POINT ranks 638th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 0% for the past year is lower than average compared to its 18% growth within a five-year period.
Also in GOLDEN POINT, the median home price is sitting at $295,000, and the average rent at $270, this suggests property owners could potentially earn a 4.76% increase in gross rental yield.
Property investors have seen a -2.16% 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 3.87% growth over a ten-year period. It ranks 1963rd on our list of suburbs that property investors should look into.
A 34.03% increase in median property prices in GOLDEN POINT, 3350 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 5th.
A steady increase in median property prices over a five-year period in GOLDEN POINT, 3350 translates to a 21.7% capital gain.
GOLDEN POINT, 3350 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $304,250.
Augmented property values in GOLDEN POINT are trailing above the VIC average of 7.89% for the past year.
Real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
Home owners selling their properties and realtors in GOLDEN POINT usually have to wait an average of 0.0 days days before their assets are lifted off the market.
GOLDEN POINT ranks 139th on the list of best yielding suburbs for rental properties in VIC, posting a 4.27% return.
GOLDEN POINT, 3350 places 124th in Australia based on median property value growth during the quarter.