Golden Square is a mid-sized suburb in Victoria within the Greater Bendigo local government area (postcode 3555). With a population of 9,220, the suburb has an established demographic with a median age of 39. Households earn a median income of $70K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Golden Square is $520,000, having risen modestly 1% over the past year. Units have a median price of $435,000 (+8.8% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Golden Square is served by 2 schools, including 2 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 65 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Golden Square offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($520K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +1.0% year-on-year.
Golden Square is a mid-sized suburb in Victoria within the Greater Bendigo local government area (postcode 3555). With a population of 9,220, the suburb has an established demographic with a median age of 39. Households earn a median income of $70K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Golden Square is $520,000, having risen modestly 1% over the past year. Units have a median price of $435,000 (+8.8% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Golden Square is served by 2 schools, including 2 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 65 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Golden Square offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($520K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +1.0% year-on-year.