Suburb Profile Report for Golden Point VIC (3350)

Golden Point House: Median price $280,000, Annual capital growth 3.87%, Number of sales 57, Weekly median advertised rent $270

Golden Point Unit: Median price $240,000, Annual capital growth N/A, Number of sales 16, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 11.00% which means that Golden Point, 3350 has done well for property investors by showing a capital gain of 1.82% over the last year

The five-year average increase in median property values for Golden Point,3350 has given property investors a potential capital gain of 12.00% across each of those five years.

At number 317th of VIC’s most discounted properties, Golden Point is in the middle of the state/territory when listing in order of most discounted to least.

Golden Point, 3350’s gross rental yield is 5.01%

Comparing Golden Point,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

The most recent median price for Golden Point is $240000, with sellers offering an average of -5.97% off the asking price.

Advertised rents are around the $270 mark per week – giving a return of 5.85% based on the median price in Suburb

Metrics i HOUSE UNIT
$280,000 $240,000
-0.58% 9.22%
1.82% N/A
3.87% N/A
$270 $270
57 16
5.01% 5.85%
65.23 115.63

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2186
Median household income ($/weekly) 871
Median age of persons 35
Median housing loan repayment ($/monthly) 1228
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 246 11.2
    25-34 years 336 15.4
    35-44 years 271 12.4
    45-54 years 269 12.3
    55-64 years 260 11.9
    Others 805 36.8
    Age Group
    Census Count Percent(%)
    Not Married 797 48.6
    Registered Married 627 38.3
    Defacto Relationship 215 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1808 88.5
    Croatia 42 2.1
    Papua New Guinea 20 1.0
    United Kingdom 60 2.9
    Other 36 1.8
    Others 77 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 1.1
    Christianity 1135 58.7
    Islam 9 0.5
    Other Religious Groups 22 1.1
    No Religion 737 38.1
    Others 9 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 10.1
    $400-$599 111 13.7
    $600-$799 117 14.5
    $800-$999 79 9.8
    $1,000-$1,249 97 12.0
    Others 323 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 621 36.2
    Employed, worked full-time 584 34.0
    Employed, worked part-time 380 22.1
    Unemployed, looking for work 78 4.5
    Employed, away from work 53 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 238 23.4
    Technicians & trades workers 156 15.3
    Community & personal service workers 136 13.3
    Clerical & administrative workers 136 13.3
    Labourers 106 10.4
    Others 247 24.2
    Occupation
    Census Count Percent(%)
    Pre-school 38 7.1
    Infants/Primary 136 25.4
    Secondary 98 18.3
    Technical or Further Educational Institution 51 9.5
    University or other Tertiary Institutions 193 36.0
    Others 20 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1906 94.0
    Semi-detached, row or terrace house, townhouse 83 4.1
    Flat, unit or apartment 30 1.5
    House or flat attached to a shop, office 9 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 326 37.4
    Being purchased 284 32.6
    Fully owned 258 29.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals