Golden Bay has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -7.59% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Golden Bay has increased when compared to the 5 year average annual rate.
At number 290th of WA’s most discounted properties, Golden Bay is in the TOP 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.
Situated 53.15km from the CBD, Golden Bay is one of Rockingham localities in the postcode 6174.