218 Main Road, Golden Point$529,000
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For Salehouse

218 Main Road

Golden Point, VIC 3350, Australia
$529,000
2 bed 1 bath 1 car825 m²

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About this property

Homes on generous blocks this close to the Ballarat CBD are becoming increasingly rare making this property a standout opportunity for investors, developers, or owner-occupiers alike. Currently leased to a long-term tenant, the home offers immediate rental income while you plan your next move. Enjoy the convenience of being just moments from the heart of Ballarat, with easy access to walking trails, parklands, and all the amenities the CBD has to offer. Adding even more value, the large backyard provides impressive space and flexibility, with enough room to present outstanding potential for future development or expansion. We have floorplans for your possible use, as well as an expired planning permit that shows what might be possible on site after some further liaising with the City of Ballarat, so whether you choose to develop now or hold for the future, opportunities like this on the CBD fringe are few and far between. Why not take advantage of rental income today while securing a property with proven long-term growth and development potential? For more information, contact Luke Veal on 0438 302 805

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
825 m²
Listed
3 months ago

Repayment calculator

$2,565/month
$1,282 /fortnight
Loan $423,200 at 6.10% over 30 years

Upfront costs

Deposit$105,800
Stamp duty$26,810
Conveyancing (est.)$2,000
Total upfront$134,610
Verify with VIC revenue office →
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Neighbourhood

Living in Golden Point

This 2-bedroom house in Golden Point, VIC 3350 sits within reach of public transport, local amenities. It is listed 4% below the $550,000 median of 66 comparable houseswithin 5 km.

What's nearby

  • Adelaide St/Main Rd (bus)64.0 km away

Golden Point at a glance

Full suburb profile
Population
102
Median age
55
Household income
$1,125/wk
Median rent
$300/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Golden Point price trend

Median sold · House 2 bed

Compound growth +2.5% / yr over 4 yrs

$465kcurrent median

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Price history

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1 price change recorded for this property

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