Golden Point, VIC 3350: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Golden Point, the median property price for a house is currently $510,000 with annual capital growth of -5.77% . There were 43 house sales in the past 12 months. On average, houses spend 66 days on market.

If you're thinking about buying an investment property in Golden Point, consider that rental yields for houses are currently 4.16% with an average median rent of $380 weekly. Houses have seen 0.99% growth in the past quarter, and -5.77% growth in the past 12 months.

The size of Golden Point is approximately 1.9 square kilometres. It has 6 parks covering nearly 27.9% of total area. The population of Golden Point in 2011 was 2,186 people. By 2016 the population was 2,094 showing a population decline of 4.2% in the area during that time. The predominant age group in Golden Point is 20-29 years.

Households in Golden Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Point work in a professional occupation. In 2011, 60.1% of the homes in Golden Point were owner-occupied compared with 56.4% in 2016.

In Golden Point, the median property price for a unit is currently $377,500 with annual capital growth of -7.93% . There were 7 unit sales in the past 12 months. On average, units spend 31 days on market.

If you're thinking about buying an investment property in Golden Point, consider that rental yields for units are currently 4.96% with an average median rent of $355 weekly. Units have seen -6.79% growth in the past quarter, and -7.93% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$510,000	$377,500
Quarterly growth	+0.99%	-6.79%
12-month growth	-5.77%	-7.93%
Average annual growth	+5.35%	+4.41%
Weekly median rent	$380	$355
Gross rental yield	4.16%	4.96%
Number of Sales (12m)	43	7
Avg. Days on Market (12m)	66	31

Jump to Market Trends

Key Demographics	2011	2016
Total population	2,186	2,094
Population change (5y)	+1.82%	-4.20%
Median household income (p/w)	$892	$989
Household income change (5y)	+27.98%	+10.87%
Median age of persons	35	37

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Golden Point is $510,000 for houses and $377,500 for units.

The Median Growth in Golden Point over the past 12 months is -5.77% for houses and -7.93% for units.

Over the past 12 months there were 43 houses sold and 7 units sold in Golden Point. On average, houses spent 66 days on market and units spent 31 days on market.

In the past 12 months up to September 2024 there were 43 houses sold and 7 units sold in Golden Point. On average, houses spent 66 days on market and units spent 31 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Golden Point is $380 for houses and $355 for units.

The Rental Yield in Golden Point is 4.16% for houses and 4.96% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Golden Point was 2,094 in 2016, a -4.20% change compared to 2011.

The predominant age group in Golden Point is 20-29 years.

The population of Golden Point was 2,094 in 2016, a -4.20% change compared to 2011.

The predominant age group in Golden Point is 20-29 years.

Most of the population in Golden Point were born in Australia.

Most of the population in Golden Point report their religion as No Religion.

Most of the population in Golden Point report their income range as between $15,000 and $33,000 .

The median household income in Golden Point was $989 in 2016, a +10.87% change compared to 2011.

Most of the population in Golden Point report their income range as between $31,000 and $52,000 .

The median household income in Golden Point was $892 in 2011, a +27.98% change compared to 2006.

Most of the population in Golden Point work as Professional.

The chart below demonstrates the various levels of education in Golden Point.

Most of the population in Golden Point reached a qualification level of Certificate.

2011 2016

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