Golden Plains Shire, VIC

The Golden Plains Shire is a local government area in western Victoria, Australia. Bannockburn, Dereel, Gheringhap, Lethbridge, Linton, Berringa, Teesdale, Rokewood, and Meredith are included in the municipality. The Shire of Bannockburn was created in 1994 by the merger of the Shires of Bannockburn, Leigh, Grenville, and a portion of the Shire of Buninyong.

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It was originally named the Southern Rural Shire and was meant to operate temporarily until the Local Government Board finalized the Ballarat region’s council borders. However, a few months later, it was decided to establish the municipality permanently, and on 1 October 1994, it was renamed to its current name.

Technicians and trades workers account for 18.3 % of employment in Golden Plains, followed by professionals at 15.4 %, managers at 13.9 %, clerical and administrative workers at 11.9 %, and labourers at 11.1 %.

In Golden Plains, the typical weekly personal income for residents aged 15 years and older is $628.

In Golden Plains, 98.8 % of occupied private residences are detached houses, 0.2 % are semi-detached, row or terrace houses, townhouses, or other buildings, 0.3 % are flats or apartments, and 0.4 % are other dwellings.

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Capital Growth Heatmap

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.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Golden Plains Shire, VIC

What other property markets are there near Golden Plains Shire, VIC?

Golden Plains Shire is surrounded by 6 other council areas – Surf Coast, Colac Otway, Moorabool, Greater Geelong, Pyrenees, Corangamite.

Suburbs/localities in this Local Government Area: Grenville 3352, Haddon 3351, Hesse 3321, Illabarook 3351, Inverleigh 3321, Bamganie 3333, Bannockburn 3331, Lethbridge 3332, Barunah Park 3329, Mannibadar 3360, Maude 3331, Batesford 3213, Meredith 3333, Morrisons 3334, Mount Mercer 3352, Murgheboluc 3218, Napoleons 3352, Nintingbool 3351, Piggoreet 3351, Pitfield 3351, Berringa 3351, Rokewood 3330, Rokewood Junction 3351, Ross Creek 3351, Russells Bridge 3331, Scarsdale 3351, She Oaks 3331, Shelford 3329, Smythes Creek 3351, Springdallah 3351, Staffordshire Reef 3351, Steiglitz 3331, Stonehaven 3218, Sutherlands Creek 3331, Teesdale 3328, Wallinduc 3351, Willowvale 3360, Wingeel 3321, Newtown 3351, Happy Valley 3360, Anakie 3213, Cambrian Hill 3352, Cape Clear 3351, Corindhap 3352, Dereel 3352, Durdidwarrah 3342, Durham Lead 3352, Enfield 3352, Garibaldi 3352, Gheringhap 3331

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