Suburb Profile Report for Golden Point VIC (3350)

Golden Point House: Median price $295,000, Annual capital growth 4.49%, Number of sales 60, Weekly median advertised rent $270

Golden Point Unit: Median price $212,500, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Golden Point, 3350 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.32%

Golden Point,3350 has offered an average of 11.32% return per annum in house price rises to property investors over the last three years.

At number 185th of VIC’s most discounted properties, Golden Point is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Golden Point is 132th on a list of best yielding suburbs for rents in VIC with a 4.76% return

Across a shorter period, Golden Point, 3350 has seen a median price increase of -16.01% over the last quarter.

Advertised rents are around the $270 mark per week – giving a return of 6.61% based on the median price in Suburb

Metrics i HOUSE UNIT
$295,000 $212,500
0.00% -16.01%
11.32% N/A
4.49% N/A
$270 $270
60 13
4.76% 6.61%
77.28 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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
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