Golden Point vs Long Gully
Property investment comparison - Golden Point, VIC 3350 vs Long Gully, VIC 3550
Head-to-head across core investment metrics: Golden Point wins 3, Long Gully wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Golden Point | Long Gully |
|---|---|---|
| Median house price | $550K | $550K |
| Median unit price | $415K | $480K |
| Gross rental yield (houses) | 3.90% | - |
| Gross rental yield (units) | 4.74% | 4.70% |
| 1-year house growth | +13.8%estimate | +13.2% |
| 3-year house growth | - | +36.2% |
| Vacancy rate | 1.2% | 1.1% |
| Population | 2,217 | 3,420 |
Golden Point vs Long Gully: what the numbers say
Houses cost about the same in both suburbs: the median house price is $550K in Golden Point and $550K in Long Gully.
For units, Golden Point sits at a median of $415K against $480K in Long Gully, which makes Golden Point the more affordable unit market and Long Gully the pricier one.
Over the past year house prices moved +13.8% in Golden Point (an estimate) and +13.2% in Long Gully, so recent momentum favours Golden Point, although both suburbs recorded growth.
Rental vacancy is 1.1% in Long Gully and 1.2% in Golden Point, so landlords in Long Gully face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Long Gully is the bigger suburb, with a population of 3,420 against 2,217, larger than Golden Point; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Golden Point for recent price momentum, Long Gully for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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