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Golden Beach
AREA REPORTS

Golden Beach

Golden Beach - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3851

house

A steady increase in median property prices over a five-year period in the suburb translates to a 40.97% capital gain.

It also 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 $320,000

The augmented property values in the suburb are trailing above the territorial average of 18.09% in 2016.

Home owners selling their properties and realtors in GOLDEN BEACH usually have to wait an average of 63.2 days days before their assets are lifted off the market.

The VIC suburb ranks 633rd on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

It also places places 129th in Australia based on median property value growth during the quarter.

Data report can be found below

Golden Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $320,000 N/A
GROWTH REPORT
Median Quarterly 7.56% N/A
Median 12 month 20.75% N/A
Median 3 years 40.97% N/A
Median 5 years 54.22% N/A
10 years average annual 17.96% N/A
Weekly media advert. rent N/A N/A
Time on Market 63.2 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
5687
Weekly Household Income
988
Household Size
2.30
Age
45
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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