Suburb Profile Report for Golden Square VIC (3555)

Golden Square House: Median price $333,000, Annual capital growth 4.31%, Number of sales 177, Weekly median advertised rent $320

Golden Square Unit: Median price $257,500, Annual capital growth 3.27%, Number of sales 20, Weekly median advertised rent $290

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 0.91% for the last year, Golden Square, 3555 is the 1528th highest performer in Australia in this respect.

A 12.41% growth in median value for property investors in Golden Square,3555 puts this suburb at number 457th in terms of best performing suburbs in VIC

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in Golden Square itself are offering an average vendor discount of -5.38% to real estate investors.

In the last year 177 properties changed hands in Golden Square, which puts it as the 109th most active market in VIC when comparing the number of sales per suburb.

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

Property value increases in Golden Square have tracked just higher than the VIC average of 0.68% over the last 12 months.

Over the longer term, Golden Square has seen property prices show investors a -6.36% return over the last 3 years. This is an improvement over the last 12 months

At number 94th of VIC’s most discounted properties, Golden Square is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Golden Square have been waiting around 106.577 days to sell a property.

Situated 131.59km from the CBD, Golden Square is one of Greater Bendigo (C) localities in the postcode 3555.

Metrics i HOUSE UNIT
$333,000 $257,500
-1.33% 5.10%
0.91% 4.04%
4.31% 3.27%
$320 $290
177 20
5.00% 5.86%
60.1027397260274 106.576923076923

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. 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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