At number 3421th in the list of Australian suburbs ordered by increase in median house value over the last year, Gol Gol, 2738 is in the BOTTOM 20% with a property value increase of -3.02% recorded in median house prices.
Over the longer term, Gol Gol has seen property prices show investors a 4.55% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Gol Gol itself are offering an average vendor discount of -6.47% to real estate investors.
At number 3212 in a list of fastest selling suburbs, Gol Gol is in the bottom 20% of suburbs in Australia with an average of days on market 117.24 for properties listed there.
A $325 per week rent on the median house gives suburb investors a gross yield of circa 4.90%, without taking into account capital value appreciation, which has been averaging out at 1.94%.