OFF MARKET

1/603 Main Road
Golden Point VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 56m2
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Property Details for 1/603 Main Rd, Golden Point

1/603 Main Rd, Golden Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 56m2. While the property is not currently for sale or for rent, it was last sold in August 2007.

Building Type
Unit
Year Built
1990
Land Size
56m2
Local Government
Ballarat
Lot/Plan
1/SP21460

Last Listing description (March 2018)

Resort Brokers ID : LH002221

9 x 4 star two bedroom two storey villas set in landscaped gardens.

Each townhouse is comfortably appointed with 2 bedrooms, a fully equipped kitchen, lounge/dining, bathroom and laundry facilities.

Facilities include bar-b-que beautiful internal garden courtyard area, and on site undercover car parking

Lease 16 years (1 years plus 3 x 5 year options) Occupancy 73%

Villa unit 9 provides reception/ office facilities including computer, printer, facsimile and telephone system. Additionally the unit has two bedrooms, lounge/kitchen, bathroom and laundry facilities.

The property formally traded as Quest Ballarat mews and it is intended that on sale the property will be debranded to enable a successful purchase to operate as a business.

The business would ideally suit as an add on for a current operator or a local person seeking a secure Ballarat business.

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Property History for 1/603 Main Rd, Golden Point, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$187,000
17 Aug 2007
  • 20 Nov 2013
    Listed for Sale $250,000
  • 17 Aug 2007
    Sold for $187,000
  • 21 Jun 2004
    Transferred
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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 28.87% increase in median value, while Units have seen a 32.48% increase. As at 31 July 2024:

  • The median value for Houses in Golden Point is $486,771 while the median value for Units is $365,213.
  • Houses have a median rent of $360 while Units have a median rent of $350.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Golden point on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Golden point.

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