Unit 1,
20A MACDOUGALL ROAD Golden Square VIC 3555

About Kangaroo Flat - Golden Square

With an average age of 41, households expect an average monthly mortgage payment of $1,196 or a weekly rent payment of $285. The average family earns a weekly income of $1,569 with a typical household size of 2.3 and a 97.97% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Golden Square due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Golden Square leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Golden Square to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Golden Square we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Golden Square a better buying opportunity than it may have been in the past.

Public Transport

Bendigo Stop 1: Central Deborah Gold Mine Epsom Stop 2: Charing Cross Stop 6: Joss House Stop 4: Lake Weeroona Stop 3: Bendigo Tramways Depot and Workshop Huntly Kangaroo Flat Stop 5: Tysons Reef

General Points of Interest

C Block Spring Gully Tennis Club Peter Krenz Leisure Centre Bendigo Golf Club Red Energy Arena Village Epsom Shopping Centre Balgownie Estate Lansell Square Great Extended Hustlers Mine Disaster Memorial Golden Square Primary School

Population

(Country of Birth not stated 7%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Bendigo Senior Secondary College Crusoe 7-10 Secondary College Golden Square Primary School

• Specimen Hill Primary School

  Golden Square, VIC, 3555 State Prep-6

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• Quarry Hill Primary School

  Quarry Hill, VIC, 3550 State Prep-6

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• St Joseph's School

  Quarry Hill, VIC, 3550 Independent Prep-6

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• St Monica's School

  Kangaroo Flat, VIC, 3555 Independent Prep-6

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• Golden Square Primary School

  Golden Square, VIC, 3555 State Prep-6

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• Creek Street Christian College

  Bendigo, VIC, 3550 Independent Prep-10

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• Girton Grammar School

  Bendigo, VIC, 3550 Independent Prep-12

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website