Golden Point at a glance
2,243
People
$551,250
Median sale
$408/wk
Median rent
3.85%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
VIC › Golden Point › Magazine Ct
$720,000
Last sold
30 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
782 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$720,000
30 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Golden Point (last 5 years) with land size have a median of $1,040/m² of land (n=97). Districts calculation from recorded sales — not a valuation.
Golden Point at a glance
2,243
People
$551,250
Median sale
$408/wk
Median rent
3.85%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Golden Point
+30.6%
Median sale
Suburb $551,250
-0.90 pp
Gross yield
Suburb 3.85%
Suburb median $551,250 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $408/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Golden Point at a glance
2,243
People
$551,250
Median sale
$408/wk
Median rent
3.85%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath BallaratIntroducing this captivating brick home, where large windows frame picturesque views and fill the interior with natural light. Designed with the family in mind, this residence offers a perfect setting for enjoying sunsets and peaceful living. Nestled high in a tranquil court, the property invites you to embrace a serene lifestyle.
• Upon entry, the sunken lounge area immediately captivates with its stunning views over Ballarat and high vaulted ceilings. These panoramic views are also enjoyed from the master bedroom and alfresco areas, thanks to the clever design of the home.
• The kitchen, a focal point of the home, also enjoys the views and overlooks the lounge area, providing easy access to the outdoor entertaining space. It features quality appliances, including a dishwasher, pantry, ample cupboard space, and a large fridge cavity.
• The three generously sized bedrooms on the main level include a master bedroom with a hidden ensuite complete with a corner spa, shower, vanity, and toilet. The master also boasts a large walk-in robe cleverly disguised within its design.
• The family bathroom is well-appointed, offering a bath, vanity, and shower, with a separate toilet for added convenience.
• Comfort is paramount throughout the year, with a gas heater and air conditioner in the main living area, complemented by ceiling fans in the living room and master bedroom. Energy efficiency is ensured with the 20 solar panels on the roof, a 5.5kw system, and a garden tank for sustainable living.
• Outside, established gardens provide privacy and space for the family to enjoy. The outdoor alfresco, equipped with pull-down blinds, is perfect for year-round entertaining with envy-inducing views.
• The remote double garage provides direct entry into the home and includes a small workshop area.
• An additional room with a large window adjoining the garage offers flexibility, ideal as the fourth bedroom or home studio, teen retreat, study, or games room away from the main level.
• Situated just five minutes from town and in close proximity to Sovereign Hill, Mount Pleasant Primary, Fed Uni SMB campus, Bakery Hill, Pearce's Park, and Ballarat East Bowling Club, this property offers both convenience and tranquility.
• Don't miss the opportunity to inspect this remarkable home – contact Narelle Smith at McGrath Ballarat today.
Listing description written by Narelle Smith, McGrath Ballarat — reproduced as published, not verified by Districts.