Golden Square is in the bottom 30% in VIC when comparing median price capital growth over the last year. Golden Square gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.78%.
Across a shorter period, Golden Square, 3555 has seen a median price increase of 0.25% over the last quarter.
The most recent median price for Golden Square is $315800, with sellers offering an average of -6.61% off the asking price.
In the last year 147 properties changed hands in Golden Square, which puts it as the 167th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3390 per annum or $282.5 every week.
Golden Square has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.53% to date .
Golden Square,3555 was ranked 1517 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 -5.12. This rate of discount on properties puts Suburb at number 32th in terms of most discounted suburbs in VIC
Advertised rents are around the $270 mark per week – giving a return of 5.30% based on the median price in Suburb