Golden Square at a glance
9,828
People
$622,000
Median sale
$460/wk
Median rent
3.85%
Suburb gross yield
Median sale from 97 recorded sales (last 12 months) — a Districts calculation.
VIC › Golden Square › Alder St
$515,000
Last sold
30 Jan 2023
3
Bedrooms
2
Bathrooms
4
Car spaces
620 m²
Land
155 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$515,000
30 Jan 2023 · derived via latest_sale
Local land rate: recorded House sales in Golden Square (last 5 years) with land size have a median of $890/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Golden Square at a glance
9,828
People
$622,000
Median sale
$460/wk
Median rent
3.85%
Suburb gross yield
Median sale from 97 recorded sales (last 12 months) — a Districts calculation.
Vs Golden Square
-17.2%
Median sale
Suburb $622,000
+0.79 pp
Gross yield
Suburb 3.85%
Suburb median $622,000 from 97 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Golden Square at a glance
9,828
People
$622,000
Median sale
$460/wk
Median rent
3.85%
Suburb gross yield
Median sale from 97 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Bendigo | Castlemaine | MaldonThis solid 3-bedroom home is a must-see if you're looking for a large, well-positioned family home to thoroughly update and make your own. This home offers excellent value and easy living, within walking distance to Cooinda Park and a short drive to schools, shops and recreation in either Kangaroo Flat or Golden Square.
The brick home is located on a corner block with two driveways and entry points; one on Alder street with access to the sizable carport and enter via a glass sliding door to the living room, the front door plus a second driveway with access to the oversized, secure garage is from Hurling Court.
The home is tidy and well-maintained inside and includes many original features from the 80s. With a unique floor plan and generous proportions, there is an excellent opportunity to capitalise on this investment with a cosmetic make-over to bring the interior up to date.
Upon entry, there is a spacious living area with large front windows and split system heating and cooling. Adjoining this area is a dedicated dining area and kitchen, with an air conditioner.
Two bedrooms have built-in robes, large windows and garden views, while the master bedroom enjoys a walk-through robe and an ensuite bathroom. The functional kitchen has good bench space and storage and a dishwasher-a central bathroom with bath, separate toilet and laundry complete this intelligent floorplan.
Outside is a low-maintenance yard, secure and fenced for pets and children to enjoy safely, and a large shed/garage. A small pergola with shade cloth is ideal for summer BBQs in the yard.
Perfectly positioned in Golden Square, this property affords a golden opportunity to update and reap the rewards of a solid investment for years to come. A fantastic opportunity for first-home buyers, investors or a great place to downsize.
Access to Kangaroo Flat shops is just minutes by car, as is shopping, dining and recreation in Golden Square and Bendigo CBD.
Listing description written by Mark Keck, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.