OFF MARKET

318 Main Road
Golden Point VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 454m2
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Last updated 11 Nov 2024
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Property Details for 318 Main Rd, Golden Point

318 Main Rd, Golden Point is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 454m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1975
Floor Size
121m2
Land Size
454m2
Local Government
Ballarat
Lot/Plan
1/TP14383

Last Listing description (January 2019)

Just minutes from the centre of Ballarat is this updated three bedroom home which currently occupies as a successful Airbnb. First home buyers, investors or continue to run the Airbnb this will make a great addition to your portfolio.
Throughout the home you will be delighted with the contemporary updates, from new flooring, window furnishings and updated kitchen with electric cooking whilst also being comfortable with ducted heating, cooling.
Situated on 436m2 with three spacious bedrooms all with built in robes and great storage throughout and laundry fitted with drying cupboard..

When buying property it is about location, the property is only minutes from the Bridge Mall, Sovereign Hill and is in walking distance to primary schools whilst still being on the Melbourne side of Ballarat.
Currently operating as an Airbnb property, the investment has turned over an 11% return in the past 12 months.
There is an option for the furniture throughout the home to be sold with the property.

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Property History for 318 Main Rd, Golden Point, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$335,000
13 Nov 2018
Listed for Rent
$250/w
03 Jun 2016
  • 13 Nov 2018
    Sold for $335,000
  • 17 Oct 2018
    Listed for Sale $320,000 - $350,000
  • 16 Mar 2016
    Listed for Rent $250 / week
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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 1,413 properties. Over the last 5 years, Houses in Golden Point have seen a 27.01% increase in median value, while Units have seen a 17.18% increase. As at 31 October 2024:

  • The median value for Houses in Golden Point is $486,818 while the median value for Units is $335,979.
  • Houses have a median rent of $370 while Units have a median rent of $353.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Golden point on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Golden point.

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