With a capital gain of 0.13% for the last 12 months, Golden Square, 3555 has performed for property investments than its average annual 4.27% property growth over the last 5 years.
A 14.69% growth in median value for property investors in Golden Square,3555 puts this suburb at number 619th in terms of best performing suburbs in VIC
With the median price for a house in Golden Square being $315400 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.62%
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 -7.14%.
When looking at the potential capital gains offered to property investors over the last 3 years, Golden Square comes in at number 338th in VIC.
In the last year 30 properties changed hands in Golden Square, which puts it as the 255th most active market in VIC when comparing the number of sales per suburb.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.60%, without taking into account capital value appreciation, which has been averaging out at 4.53%.