Giving property investors a a poor capital gain of -5.78% for the last year, Golden Point, 3350 is the 3548th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Golden Point has given property investors a paper return of 0.29%. This puts Suburb as 438 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Golden Point itself are offering an average vendor discount of -5.91% to real estate investors.
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.
A $265 per week rent on the median house gives suburb investors a gross yield of circa 5.37%, without taking into account capital value appreciation, which has been averaging out at 3.61%.