If you compare the increase in value of investment property in Golden Square, 3555 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.62%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Golden Square has increased when compared to the 5 year average annual rate.
Golden Square3555 is located in VIC which offers an average discount of -5.53% to property investors. Golden Square itself is showing figures that indicate -6.60% is the average achievable by property buyers investing in the suburb.
Golden Square is 154th on a list of best yielding suburbs for rents in VIC with a 4.62% return
Investment property in Golden Square has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.71%
Over the longer term, Golden Square has seen property prices show investors a -6.67% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Golden Square should be aiming for at least -8.36% off the asking price, which is the average vendor discount being achieved at the moment.
Golden Square is 21th on a list of best yielding suburbs for rents in VIC with a 5.84% return