10/489-493 High StreetGolden Square VIC 3555
Property Details for 10/489-493 High St, Golden Square
Last Listing description (January 2015)
INVESTORS- 7.3% RETURN.
A beautiful 2 bedroom apartment with a poolside outlook that offers investors an entry point to 7.37+% returns PAYING $333 PER WEEK RENT.
With 1st stage refurbishments now complete this spacious, 2 bathroom apartment will please with its open plan living and Car park on title.
Lease Terms:
Rent $ 333 per week = $17,320 per annum
7.37 % return - PAID REGARDLESS OF OCCUPANCY!
1st Term 30/03/2010 - 30/03/2015
5% annual increases to the rent. Market review every 5th year.
4 x 5 Year options remaining.
No management fees and only outgoings:
Council rates and sinking fund, the property will provide net returns of 6.3%
Bendigo has become highly sought after by investors and boasts:
* Growing population
* Low cost of living
* High quality primary produce
* Sustainability environmental practices
* Low business overheads
* Buoyant social and economic environment
* State of the art education facilities
* Easy access to Health services
Property History for 10/489-493 High St, Golden Square, VIC 3555
- 08 Dec 2014Sold for $182,000
- 25 Jun 2014Listed for Sale 235000
- 31 Jul 2000Sold for $152,500
Recent sales nearby
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0About Golden Square 3555
The size of Golden Square is approximately 8.5 square kilometres. There are 13 parks, covering nearly 2.3% of the total area. The population of Golden Square in 2016 was 8820 people. By 2021 the population was 9220 showing a population growth of 4.5% in the area during that time. The predominant age group in Golden Square is 30-39 years. Households in Golden Square are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Square work in a professional occupation.In 2021, 62.80% of the homes in Golden Square were owner-occupied compared with 63.30% in 2016.
Golden Square has 5,446 properties. Over the last 5 years, Houses in Golden Square have seen a 37.14% increase in median value, while Units have seen a 41.96% increase. As at 31 July 2026:
- The median value for Houses in Golden Square is $627,022 while the median value for Units is $485,948.
- Houses have a median rent of $520 while Units have a median rent of $463.
Suburb Insights for Golden Square 3555
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