Golden Point

POSTAL CODE: VIC, 3350
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GOLDEN POINT ranks 532nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.44% for the past year is higher than average compared to its 27.07% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in GOLDEN POINT, the median home price is sitting at $521,000, and the average rent at $397.5, this suggests property owners could potentially earn a 3.97% increase in gross rental yield.

Property investors have seen a 8.43% gain in GOLDEN POINT based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on GOLDEN POINT, 3350 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.44%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.84% growth over a ten-year period. It ranks 1336th on our list of suburbs that property investors should look into.

Surburb overview

Golden Point is an inner suburb of Ballarat in Victoria, located approximately 105 kilometres north-west of Melbourne’s central business district and immediately south of Ballarat Central.

The suburb forms part of the City of Ballarat local government area and is closely associated with the region’s gold rush history.

According to the 2021 Census, Golden Point had a population of 2,118 residents, reflecting its established residential character near the city centre.

Golden Point was one of the principal sites of gold mining activity during the 1850s, and its heritage is preserved through landmarks including Sovereign Hill, an open-air museum that recreates the goldfields era.

The Gold Museum, located adjacent to Sovereign Hill, provides further interpretation of the area’s mining history and contributes to local tourism.

Residential development includes a mix of heritage cottages, renovated miners’ dwellings and more recent infill housing, particularly in streets close to the central business district.

The suburb’s proximity to Ballarat Central allows convenient access to retail, healthcare, education and professional services.

Public transport is provided by local bus routes connecting Golden Point to Ballarat railway station, which offers V/Line services to Melbourne’s CBD via the Ballarat line.

Parks and open spaces are distributed throughout the area, supporting community recreation and preserving aspects of the historic landscape.

Golden Point experiences a temperate climate with warm summers and cool to cold winters, consistent with Ballarat’s elevated inland setting.

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