97 Commercial RoadTarnagulla VIC 3551
Property Details for 97 Commercial Rd, Tarnagulla
Last Listing description (August 2024)
Welcome to the Golden Age Hotel, originally built by Joseph Foo circa 1857-8. After a fire destroyed a large part of the original building, the hotel was partially rebuilt in 1962 in the architecture of the day, with period details remaining intact towards the rear of the historic building. Needing love, restoration and a little vision, the Golden Age Hotel could once again thrive as a private residence. Tarnagulla, in its gold rush height, had 16 pubs and a theatre. With the discovery of gold in 1852, the town was once called Sandy Creek, later changing its name in 1860 after a local property called Tarnagulla Station. Today, the historic town is only two hours from Melbourne and 30 minutes from Bendigo. Though the thrive of the gold rush has gone, it is still a beautiful place for bushwalking and gold fossicking, with the town providing a post office, cafes and a primary school.
The flexible floorplan features to the front a 6.9m x 3.7m bar, a store room, a cool room, and a toilet before leading to a foyer with a solid wood heater and a second toilet. Completing the 1967 part and central to the building is a north-facing kitchen, a storeroom, and two adjoining dining rooms with access to a south-facing verandah and a 7.9m x 5.9m covered outdoor entertainment area. The rear of the building makes up the original hotel and contains a living room, five bedrooms, and two bathrooms. An added section to the back provides a laundry and two separate toilets. Additional details include an integrated solar system and evaporative cooling.
The substantial 1648 sqm (approx) grounds allow for two street frontage and access, a 2.6m x 4.8m shed and a 12m x 6m double roller door garage. With potential and opportunities abounding, this is a fantastic chance to restore and re-invigorate this historic property as a work-from-home business or a private residence. And with vision and love, be the one to give back the Golden Age Hotel's presence and significance within a town steeped with a rich history in gold.
Property History for 97 Commercial Rd, Tarnagulla, VIC 3551
- 20 Jun 2024Sold for $355,000
- 05 Mar 2024Listed for Sale Not Disclosed
- 12 Aug 1982Sold for $109,000
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About Tarnagulla 3551
The size of Tarnagulla is approximately 28.7 square kilometres. It has 3 parks covering nearly 68.5% of total area. The population of Tarnagulla in 2011 was 305 people. By 2016 the population was 121 showing a population decline of 60.3% in the area during that time. The predominant age group in Tarnagulla is 60-69 years. Households in Tarnagulla are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Tarnagulla work in a professional occupation. In 2011, 85.3% of the homes in Tarnagulla were owner-occupied compared with 77.8% in 2016.
Tarnagulla has 190 properties. Over the last 5 years, Houses in Tarnagulla have seen a 66.28% increase in median value, while Units have seen a 342.67% increase. As at 30 November 2024:
- The median value for Houses in Tarnagulla is $518,659 while the median value for Units is $360,922.
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