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Suburb Insights ยท VIC 3555

Golden Gully 3555, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Golden Gully is a regional centre in Victoria, Australia, with a population of approximately 213, making it a boutique locality. Located approximately 129 km from the Melbourne CBD, Golden Gully is a regional area in Victoria. The median household income is $81,224 AUD per year (ABS 2021 Census).

Investment Score

39 / 100 Weak

Moderate income levels in Golden Gully indicate steady rental demand from working households. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Golden Gully, Victoria, Australia.

Key Indicators

Postcode
3555

Official Australia Post postcode for Golden Gully. A postcode may cover multiple suburbs.

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Population
213

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$315/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$81,224/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
129 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
92% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Golden Gully serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $315/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. The median household income of $81,224/year reflects a solid demographic, supporting sustainable rental demand. 92% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Golden Gully over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Expect competitive but not exceptional rental returns in Golden Gully's current market.

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Renovation / Flip

Limited buyer depth in Golden Gully makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Golden Gully property

Full Property Analysis

30-year projections for Golden Gully

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Golden Gully is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Golden Gully is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Golden Gully a good suburb for investment?

Golden Gully is a regional area in Victoria with a population of 213. The median rent is $315/week and the median household income is $81,224/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Golden Gully?

Key demand drivers in Golden Gully include regional employment hubs, lifestyle, and affordability. 92% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Golden Gully?

According to the ABS 2021 Census, Golden Gully has a population of approximately 213. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Golden Gully from the Melbourne CBD?

Golden Gully is approximately 129 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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