FOR SALE
$1,050,000 - $1,150,000

3 Albion Street
Golden Point VIC 3350

Bedrooms: 6
Bathrooms: 5
Car spaces: 4
Land area: 862m2
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SUPREME OPPORTUNITY FOR INCOME AND POTENTIAL

Grand Home & 2x One Bedroom Cottages - 1 Title
This striking period home is ideally located in the wide leafy streets of Golden Point and is, put quite simply, one of a kind with two self-contained cottages making this property as versatile as it is magnificent. The main house comprises of four bedrooms, two with ensuite's and walk-in robes and one with the extreme
advantage of its own kitchenette. The family bathroom features a clawfoot bath at the rear of the home nestled amongst the living space and open plan kitchen, dining room and the large parlour/family room. The kitchen has been updated with modern conveniences such as dishwasher, gas cooking and has plenty of bench space and storage. The westerly facing veranda adjoining the kitchen offers stunning views over Ballarat and is the perfect place to enjoy a glass of wine whilst you watch the sun set. There is also a very private garden and grassed area
adjoining the veranda. The main house has everything you would expect from a grand home including 12-foot ceilings, timber floors, original cornice and ceiling roses, 4 original fireplaces, and many stained-glass windows.
These beautiful period futures are combined with modern conveniences such as central heating and gas log fire and offer huge potential for those wishing to add their final touches. The 2x one-bedroom cottages are currently operated as BnB's returning a considerable passive income. If operating a BnB is not for you then these one-bedroom cottages could be used as offices or consulting suites and
would also make great accommodation for teenagers or family members allowing them to live independently while at arm's reach. Both cottages are generous in size with timber floors, stained glass windows, vaulted ceilings and have their own kitchen and bathroom as well as spa. The location is second to none and set within walking distance to the CBD, where you will find a large range of cafes, restaurants and Sovereign Hill. Don't wait to explore financial freedom or bring the family together and call Blaise Newnham Today 0423 175 643
TH1702
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Property Details for 3 Albion St, Golden Point

3 Albion St, Golden Point is a 6 bedroom, 5 bathroom House with 4 parking spaces. The property has a land size of 862m2. The place is currently for sale with Real Estate Group.

Building Type
House
Land Size
862m2

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About Golden Point 3350

The size of Golden Point is approximately 1.9 square kilometres. It has 6 parks covering nearly 27.9% of total area. The population of Golden Point in 2011 was 2,186 people. By 2016 the population was 2,094 showing a population decline of 4.2% in the area during that time. The predominant age group in Golden Point is 20-29 years. Households in Golden Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Point work in a professional occupation. In 2011, 60.1% of the homes in Golden Point were owner-occupied compared with 56.4% in 2016.

Golden Point has 1,407 properties. Over the last 5 years, Houses in Golden Point have seen a 28.50% increase in median value, while Units have seen a 34.81% increase. As at 31 August 2024:

  • The median value for Houses in Golden Point is $480,469 while the median value for Units is $362,026.
  • Houses have a median rent of $363 while Units have a median rent of $350.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Golden point on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Golden point.

Suburb Insights for Golden Point 3350

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Blaise Newnham
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Josh Horvat
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Real Estate Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.