Back 55 Peel Street South
Off Market

55 Peel Street South

Golden Point VIC 3350

2
2
1
273 m²
Townhouse
Last sold for $565,000
Mark WilliamsMark Williams, last sold this property on 03 June 2026 after 70 days on market.

Overview

Versatile Inner-City Living with Income Potential & Rich Heritage Appeal

Perfectly positioned on the fringe of the Ballarat CBD, this unique and flexible residence offers an exceptional opportunity for owner-occupiers, investors, or those seeking a home with additional income potential. Steeped in history, this charming miner's cottage dates back to circa 1901 and has been held by just two owners in its lifetime. The current owner has meticulously maintained and enhanced the home since 2014, blending its original character with modern functionality. The front section of the home is protected by a heritage overlay, while the rear showcases a thoughtfully designed extension completed in 2012, creating a warm and spacious living environment. Designed with versatility in mind, the front portion of the home comprises a bedroom, bathroom, and separate study/kitchenette, offering a fully self-contained space with its own entrance. Previously operated as successful guest accommodation, this area generated in excess of $700 per week at its peak and presents an excellent opportunity to re-establish a similar income stream or utilise as private guest quarters or a home office. The remainder of the home is equally well-appointed, featuring a second bedroom with built-in robes, a central bathroom, and a comfortable living area with gas heating. Both bedrooms are serviced by split system air conditioning, ensuring year-round comfort. Upstairs, a well-equipped kitchen and dining area flows seamlessly to a private outdoor patio, ideal for entertaining or relaxing. A large European laundry with additional storage adds to the home's practicality, while a substantial attic space provides further flexibility, with potential to convert into an additional living zone or bedroom (STCA). Externally, the property offers off-street parking and a charming cottage garden, completing the picture of this inviting and low-maintenance home. The location is truly outstanding. Just a short stroll from Ballarat's CBD, you are within walking distance to Her Majesty's Theatre, the Art Gallery of Ballarat, and the city's iconic streetscapes. The recently revitalised Bridge Mall is only moments away, now thriving with a vibrant mix of retail, cafés, and amenities. Public transport is exceptionally convenient, with bus services approximately 30 metres from your door and the Ballarat Railway Station within easy walking distance, offering a direct connection to Melbourne in approximately 90 minutes. A rare opportunity to secure a property that combines character, flexibility, and income potential in a blue-chip, walk-to-everything location. Enquire today to arrange your inspection.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
273 m² lot size
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Golden Point over the last 12 months, the estimated median property value of 55 Peel Street South is $458.75k.

Median value
$458.75k
Estimated value range
$410k - $565k
Median days on market
22
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Golden Point. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 55 Peel Street South

2026
Sold
$565,000
03 Jun 2026 by Mark Williams, of Ray White Ballarat

Happy sellers in Golden Point

93%
93% of sellers in Golden Point reported that their sale price either exceeded or met their price expectations.

Golden Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Golden Point over the last 12 months.

Local market activity for 2 bedroom townhouses in Golden Point

In the last 12 months, 7 two-bedroom townhouses similar to 55 Peel Street South, have been sold.

This represents a 60% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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