With a capital gain of 3.53% for the last 12 months, Golden Square, 3555 has performed for property investments than its average annual 4.01% property growth over the last 5 years.
Golden Square,3555 was ranked 2704 in Australia by increase in median property value over the quarter.
Vendor discounting in Golden Square is giving property investors an average Vendor Discount of around -7.27%. This puts suburb at number 129th in VIC when ranking the most discounted suburbs.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 4.01%, investors should hope to achieve an overall return of 4.73%
Property value increases in Golden Square have tracked lower than the VIC average of 4.83% over the last 12 months.
Golden Square,3555 was ranked 1557 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Golden Square is offering property investors an average of -4.95. This rate of discount on properties puts Suburb at number 14th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Golden Square the average time real estate has been on the market is 116.33 days.
The VIC suburb of Golden Square, 3555 is in the Greater Bendigo local government area.