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Central Goldfields Shire, VIC

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Central Goldfields Shire is a local government area in Victoria, situated in the state’s central region. The local real estate market is a great place to invest in property. The market is made made up of a mix of rural and urban dwellings and has good potential for growth in the future.

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The Central Goldfields Shire economy is based on agriculture, tourism and mining. The shire has a diverse range of industries, including food production, wine production, engineering, manufacturing and construction.

Labourers (17.8%), Technicians and Trades Workers (16.6%), Community and Personal Service Workers (12.8%), Managers (12.4%), and Professionals (11.3%) are the most prevalent professions in Central Goldfields. The typical weekly personal income for Central Goldfields residents aged 15 years and older is $452.

In Central Goldfields, 90.4 % of occupied private homes are detached houses, 5.9 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 1.3 % are flats or apartments, and 1.9 % are other dwellings.

There are a number of great property investment opportunities in the area, so it is a good place to start your search for the perfect investment property. Discover the best suburbs in Central Goldfields with the help of interactive dashboard below.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Central Goldfields Shire, VIC

What other property markets are there near Central Goldfields Shire, VIC?

Central Goldfields Shire is a local government area in Victoria, Australia, located in the central part of the state.

How many people live in Central Goldfields Shire, VIC?

There are approximately 13000 people living in roughly 7000 dwellings in total, with an average household size of 2.2.

What are current and planned infrastructure projects in Central Goldfields Shire, VIC?

Notable infrastructure projects include Carisbrook Recreation Reserve Upgrade, Carisbrook Community Conversations, Maryborough Outdoor Pool upgrade, Central Goldfields Art Gallery redevelopment.

What major retailers are there in Central Goldfields Shire, VIC?

The main retail centres are Goldfields Shopping Centre, Maryborough Marketplace, Debbie Lee Fashion, Macks Fashion & Surf, Lyal Eales Stores.

What is the main industry in Central Goldfields Shire, VIC?

Such sectors as agricultural industries, manufacturing, infrastructure, freight, printing and food production make up the largest part of the employment.

What are the dominant demographic groups in Central Goldfields Shire, VIC?

Among approximately 13000 people in Central Goldfields Shire males and females make roughly 49% and 51% respectively. The median age of people is 50 years. Children aged 0-14 years account for approximately 16% of the population, and those aged 65+ years account for 28%.

How is unemployment rate trending in Central Goldfields Shire, VIC?

Among approximately 5000 people employed, roughly 49% work full-time, 37% work part-time, and an estimated 9% are unemployed.

Suburbs/localities in this Local Government Area: Goldsborough 3472, Havelock 3465, Majorca 3465, Maryborough 3465, Moliagul 3472, Mount Cameron 3370, Mount Glasgow 3371, Mount Hooghly 3472, Red Lion 3371, Bet Bet 3472, Simson 3465, Betley 3472, Talbot 3371, Timor 3465, Timor West 3465, Golden Point 3465, Moonlight Flat 3465, Alma 3465, Bowenvale 3465, Bromley 3472, Amherst 3371, Caralulup 3371, Archdale 3475, Cotswold 3465, Craigie 3465, Daisy Hill 3465, Dunluce 3472, Dunolly 3472, Adelaide Lead 3465, Flagstaff 3465

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