A small home in one of Ballarat’s oldest suburbs is attracting a huge amount of attention for its size, charm and versatility.
The one-bedroom house at 321 Main Road, Golden Point, dubbed “The Tiniest House in Ballarat”, has just hit the market with a $440,000 to $470,000 price guide.
Tucked behind a white picket fence, there’s more to this classic miner’s cottage than meets the eye.
This compact house in Ballarat has appealed to a huge range of buyers drawn to its affordable price point. Picture: realestate.com.au/buy
Inside, the home has been carefully renovated to retain its heritage character while delivering modern comfort.
A light‑filled open‑plan living and dining area make clever use of the compact footprint.
The contemporary kitchen has been updated with quality appliances and practical storage, while the bathroom includes creature comforts such as underfloor heating.
The house has been fully renovated. Picture: realestate.com.au/buy
The freshly renovated home has been used as a short-term rental, which selling agent Mark Vorstenboch said was a major drawcard for many buyers.
He said the property had attracted interest from a range of people, including downsizers, first-home buyers, and investors.
“It's not the property everybody would think about, but it’s one that suits a lot of people,” he said.
The open-plan living area makes the compact home feel spacious. Picture: realestate.com.au/buy
He said several buyers were interested in purchasing the property with all the furniture included and continuing to operate it as a short-term holiday rental.
“We’ve had interest from people who just want to turn it into a normal rental as well,” he said. “One-bedroom properties rent particularly well.”
Mr Vorstenboch estimated the property could yield between $300 and $370 per week in rent, or more if it was offered on the short-term rental market.
Even though it only has one bedroom, it's still drawn in plenty of interested buyers. Picture: realestate.com.au/buy
In the backyard, a separate studio converted from a garage offers flexibility as a home office, creative space or guest accommodation, subject to council approval.
“They’ve completely lined it, and it has a split-system air conditioner in there,” Mr Vorstenboch said.
A backyard studio provides a handy work-from-home option. Picture: realestate.com.au/buy
“It has the ability to work as an office, or alternatively, it could be used as a guest room. There’s been some talk of using it as a little business proposition too.”
The studio also enhances the appeal for buyers working hybrid or remotely, as does the price point, given it's about the same price as a typical inner-city Melbourne apartment.
The backyard is ample considering the modest proportions of the property. Picture: realestate.com.au/buy
The median house price in Golden Point has increased 7.2% to $520,000 in the past 12 months, according to PropTrack data, making the property cheaper than most other homes in the neighbourhood.
“Properties under $500,000 are hard to find now,” Mr Vorstenboch said.
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