At number 2593th in the list of Australian suburbs ordered by increase in median house value over the last year, Golden Square, 3555 is in the BOTTOM 40% with a property value increase of 1.61% recorded in median house prices.
The five-year average increase in median property values for Golden Square,3555 has given property investors a potential capital gain of 16.68% across each of those five years.
Golden Square3555 is located in VIC which offers an average discount of -6.04% to property investors. Golden Square itself is showing figures that indicate -6.73% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Golden Square being $315000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 4.70%
Property investors who have had real estate in Golden Square, 3555 should be 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 26.61%
Golden Square,3555 was ranked 192 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Golden Square itself are offering an average vendor discount of -5.63% to real estate investors.