Golden Point
An aging trajectory meets active change in Golden Point, where 2,217 residents live across 1.85 square kilometres at a density of 1,199 people per square kilometre. The median age of 40 matches the national level, while the university-qualified share is 37.3%, or 7.2 percentage points above national. Housing remains strongly detached, with 86.0% separate houses, but renting is common at 39.1% and vacancy is elevated at 11.2%. Compared with nearby Ballarat Central, Golden Point's housing profile is more focused on conventional detached homes, while its 22.9% work-from-home rate supports a quieter residential pattern.
Population
2,217
Median Age
40.0
Household IncomeiMedian weekly household income (ABS Census)
$1,309/wk
DAs (12 months)iDevelopment Applications lodged in the past year
10
Golden Point has no current median house price available, so buyers need to rely on comparable settled sales and property-level inspections. The affordability indicators are relatively even: mortgage costs are $1,300 per month and represent 22.9% of household income, compared with rent at $290 per week and 22.2% of income. The housing stock suits buyers seeking conventional homes, with 86.0% separate houses and 51.8% three-bedroom dwellings, compared with 28.2% two-bedroom homes. Tenure is mixed, with 31.9% owned outright, 28.5% mortgaged and 39.1% rented, creating more competition between owner-occupiers and investors than in a strongly owner-held suburb.
For Buyers
Golden Point has no current median house price available, so buyers need to rely on comparable settled sales and property-level inspections. The affordability indicators are relatively even: mortgage costs are $1,300 per month and represent 22.9% of household income, compared with rent at $290 per week and 22.2% of income. The housing stock suits buyers seeking conventional homes, with 86.0% separate houses and 51.8% three-bedroom dwellings, compared with 28.2% two-bedroom homes. Tenure is mixed, with 31.9% owned outright, 28.5% mortgaged and 39.1% rented, creating more competition between owner-occupiers and investors than in a strongly owner-held suburb.
For Investors
Golden Point's rental profile combines a substantial tenant base with a vacancy risk. Renters make up 39.1% of households and the weekly rent is $290, versus a vacancy rate of 11.2%, so investors should compare achievable rent with likely leasing time rather than assume tight demand. Nine development applications were recorded over 12 months, indicating some ongoing change without a large visible pipeline. Forecast growth is 2.05% annually and is driven by internal migration, while the gentrification score is 57 and classified as Active. The 11.2% vacancy rate versus 39.1% renting suggests tenant demand exists, but rental scarcity is not guaranteed.
Development Activity
Total DAs
13
Last 12 Months
10
YoY ChangeiYear-over-year change in DA lodgements
+233.3%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
Golden Point's median age is 40, exactly matching the national comparison, but its age structure is moving older: the senior share has increased by 4.1 percentage points while the young share has fallen by 1.3 points. University attainment is relatively strong at 37.3%, 7.2 points above national, while the overseas-born share is 13.7%, 7.9 points below national. Average household size is 2.1 people, 0.4 below the national comparison, consistent with 47.7% of families being couples without children. English ancestry is recorded for 955 residents, followed by Irish at 435 and Scottish at 325. No religion, at 1,156 people, is higher than Christianity at 748.
Age Distribution
Bedrooms
Dwelling Structure
86.0%
Houses
13.2%
Townhouse
0.4%
Apartment
Tenure
Golden Point is more house-led than apartment-led, with 86.0% separate houses, 13.2% semi-detached dwellings and only 0.4% apartments. Three-bedroom homes dominate at 51.8%, compared with 28.2% two-bedroom and 15.9% four-bedroom-or-larger dwellings. Tenure is split between 31.9% outright ownership, 28.5% mortgages and 39.1% renting, so the suburb has a larger renter share than its outright-owner share. Weekly rent is $290 and vacancy is 11.2%, while household income is $1,309 per week. Compared with apartment-oriented inner areas, Golden Point's detached stock provides more conventional family housing, although the high vacancy rate may soften rental competition.
Mortgage / mo
$1,300
Rent / wkiABS Census 2021 median across all dwelling types. Current market rents are typically higher.
$290
Census 2021
HH Size
2.1
Personal Income / wk
$757
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
11.2%
Unoccupied
125
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
22.2%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
22.9%
Community Profile
Ancestry
Household Composition
29.7%
Couples with children
47.7%
Couples, no children
21.4%
Single parent
566
Total families
Economy & Employment
Healthcare is Golden Point's largest employment industry at 25.0%, or 194 workers, followed by Education at 15.2% and 118 workers. Public Administration accounts for 9.3%, Hospitality 6.8% and Professional or Technical services 6.7%. Occupations are led by Professionals at 307 people, Community and Personal Service workers at 181, and Trades at 149. The labour force totals 1,174, with a participation rate of 61.5% and unemployment of 6.1%. Personal income is $757 per week and household income is $1,309, placing household income at the 31.2 percentile. The IEO score ranks in decile 8, higher than the IER decile 4, suggesting education and occupation indicators are stronger than economic-resource conditions.
Unemployment
6.1%
Labour Force
1,174
Unemployed
72
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
53.4%
Part-time
38.8%
Participation
61.5%
Employed
1,102
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
37.3%
Postgraduate
10.9%
Born Overseas
13.7%
Dwellings
996
Transport to Work
Golden Point is strongly car-oriented, with 62.3% travelling as car drivers compared with 1.6% using public transport and 8.2% walking or cycling. Work-from-home participation is 22.9%, which supports local routines but does not remove the value of reliable road access. Safety requires practical due diligence: 273 offences equate to 123.1 per 1,000 residents, with property and deception offences at 189, much higher than justice procedures at 32 or crimes against the person at 27. The IRSAD score sits in decile 7, above the middle of the national distribution, while volunteering is 15.3% and need for assistance is 6.9%. Compared with transit-led areas, daily life here is more dependent on cars and property security.
Drive
62.3%
Public Transport
1.6%
Walk / Cycle
8.2%
Work from Home
22.9%
Growth Outlook
Growth is forecast at 2.05% annually and is driven by internal migration, while the wider-area shift trajectory is Aging. Population change across the wider area is 34.1% over 10 years, indicating sustained expansion alongside an older age profile. Gentrification is rated Active with a score of 57, although the separate shift measure records Early signs at 34. Rent growth of 37.0% is higher than real income growth of 16.1%, which can tighten tenant budgets even though affordability is labelled Stable, moving from 46.6 in 2011 to 44.7 in 2021. The combination of internal migration, active gentrification and aging suggests growth will be shaped by both redevelopment interest and changing household needs.
Safety & Crime
Total Offences
273
Year ending June 2024
Rate per 1,000 People
123.1
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Golden Point compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Golden Point a good suburb to live in?
Golden Point suits residents seeking detached housing close to Ballarat's central area, with 86.0% separate houses and a 22.9% work-from-home rate. The median age is 40 and density is 1,199 people per square kilometre, but the 11.2% vacancy rate and 123.1 offences per 1,000 residents warrant careful property and street-level checks.
What is the median house price in Golden Point?
A current median house price is not available for Golden Point. In postcode 3350, buyers should compare recent settled sales for similar 3-bedroom and 2-bedroom homes, then allow for differences in land size, renovation level, parking and proximity to Ballarat's central services.
What schools are in Golden Point?
There are no identified schools within Golden Point to name. Families should check nearby Ballarat options and exact enrolment zones for postcode 3350, because access can depend on the specific address. School planning should also account for the suburb's average household size of 2.1 people.
Is Golden Point safe?
Golden Point recorded 273 offences, equivalent to 123.1 per 1,000 residents. Property and deception offences were the largest category at 189, compared with 32 justice procedures offences and 27 crimes against the person. Buyers and renters should inspect lighting, parking, entry points and security at the individual property.
Is Golden Point good for property investment?
Golden Point has 39.1% renters and weekly rent of $290, but its 11.2% vacancy rate is a significant risk to leasing certainty. Nine development applications were recorded over 12 months, while forecast growth is 2.05% annually and driven by internal migration. Compare expected holding costs with realistic vacancy periods before buying.
How is Golden Point's population changing?
Golden Point has 2,217 residents today, while population change across the wider area is 34.1% over 10 years. Growth is forecast at 2.05% annually and is driven by internal migration, but the trajectory is Aging: the senior share has risen 4.1 percentage points and the young share has fallen 1.3 points.
How do people get around Golden Point?
Golden Point is primarily car-based, with 62.3% travelling as car drivers. Public transport accounts for 1.6%, walking or cycling for 8.2% and working from home for 22.9%. Compared with a transit-oriented suburb, households here are more likely to need dependable car access for work, shopping and appointments.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications).
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