Suburb Profile Report for Golden Square VIC (3555)

Golden Square House: Median price $341,000, Annual capital growth 4.01%, Number of sales 190, Weekly median advertised rent $330

Golden Square Unit: Median price $284,500, Annual capital growth 3.78%, Number of sales 27, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Golden Square is an average performer in VIC when comparing median price capital growth over the last year. Golden Square gave property investors a average capital gain figure when compared to the rest of the state, with 1.64%.

The five-year average increase in median property values for Golden Square,3555 has given property investors a potential capital gain of 10.00% across each of those five years.

Our latest figures would indicate that property sellers in Golden Square are currently offering property investors an average price cut of -5.99% below the asking price at the moment.

Residents and property investors in Golden Square have been waiting around 57.8025 days to sell a property.

The VIC suburb of Golden Square, 3555 is in the Greater Bendigo (C) local government area.

VIC has seen average median house prices change by 7.35% which means that Golden Square, 3555 has done well for property investors by showing a capital gain of 16.12% over the last year

Taking the average capital gain, or increase in median house value, Golden Square,3555 has racked up an average of 16.12% over the period. This ranks it number 420th in the whole country for real estate investors looking at median house price increases.

Golden Square, 3555 is offering VIC ‘s 141th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Metrics i HOUSE UNIT
$341,000 $284,500
0.66% 0.71%
1.64% 16.12%
4.01% 3.78%
$330 $290
190 27
5.03% 5.30%
57.8025477707006 95.7692307692308

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 8301
Median household income ($/weekly) 930
Median age of persons 36
Median housing loan repayment ($/monthly) 1235
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 929 11.2
    25-34 years 1198 14.4
    35-44 years 979 11.8
    45-54 years 985 11.9
    55-64 years 943 11.4
    Others 3268 39.4
    Age Group
    Census Count Percent(%)
    Not Married 2823 46.8
    Registered Married 2570 42.6
    Defacto Relationship 642 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7380 93.3
    New Zealand 25 0.3
    Papua New Guinea 64 0.8
    United Kingdom 153 1.9
    Other 90 1.1
    Others 196 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 0.6
    Christianity 4976 66.8
    Hinduism 23 0.3
    Other Religious Groups 14 0.2
    No Religion 2388 32.0
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 294 9.9
    $400-$599 434 14.5
    $600-$799 371 12.4
    $800-$999 342 11.5
    $1,500-$1,999 373 12.5
    Others 1169 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2413 37.9
    Employed, worked full-time 2282 35.8
    Employed, worked part-time 1270 19.9
    Employed, away from work 207 3.2
    Unemployed, looking for work 203 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 679 18.1
    Technicians & trades workers 584 15.5
    Clerical & administrative workers 502 13.4
    Sales 426 11.3
    Labourers 498 13.3
    Others 1068 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 132 7.5
    Infants/Primary 587 33.3
    Secondary 482 27.3
    Technical or Further Educational Institution 259 14.7
    University or other Tertiary Institutions 235 13.3
    Others 69 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6962 91.0
    Flat, unit or apartment 335 4.4
    Semi-detached, row or terrace house, townhouse 261 3.4
    Caravan, cabin, houseboat 92 1.2
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1084 33.8
    Rented 1055 32.9
    Fully owned 1052 32.8
    Other tenure type 17 0.5
    Tenure Type
Census 2011, ABS
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