Property investors who have had real estate in Golden Square, 3555 should be ok 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 4.44%
Across a shorter period, Golden Square, 3555 has seen a median price increase of 4.09% over the last quarter.
Our latest figures would indicate that property sellers in Golden Square are currently offering property investors an average price cut of -7.18% below the asking price at the moment.
The VIC suburb of Golden Square, 3555 is in the Greater Bendigo local government area.
If you compare the increase in value of investment property in Golden Square, 3555 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -10.91%.
If we look at median property appreciation over just the last three months, Golden Square has given property investors a paper return of -7.55%. This puts Suburb as 357 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Golden Square is $245000, with sellers offering an average of -8.32% off the asking price.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 3.08%, investors should hope to achieve an overall return of 5.73%