501 High St, Golden Square is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 805m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last transferred in May 2013.
A gorgeous art deco era home with high ceilings, three step cornices, picture rails and decorative glass panels, with an partial ornate stone fence boundary. On a large corner allotment, the decision to renovate or subdivide is yours (STCA)
This red brick beauty is a classic design with three bedrooms, a lounge room, formal dining with pocket sliding doors, bathroom and a separate kitchen. New floor coverings were installed around 7 years ago, protecting the untouched and unpolished hardwood floors which flow through the entirety of the home. It requires some renovation and is very liveable as it stands today, though those with an artistic eye will be able to see past parts of the dcor and envision what this place could be with some work.
The block size is very appealing; at 805sqm you will have plenty of room to erect a new shed or deck, or to extend the home. Being positioned on the corner of Kurrajong Street, you could make investigations with council about the possibility of subdividing into two residential allotments. Looking at nearby similar properties, you can really get a sense of what can be achieved with a little ingenuity.
Situated along High Street with excellent exposure for your signage, this home has the potential to make a profitable base for a consulting business with plenty of off street parking for clients (or your caravan/trailer/boat etc).
The home is currently leased to a long term renter on a periodic lease, however vacant possession is available should you prefer. Located in a convenient position, around mid way between the CBD and Lansell Square, not far from supermarkets, sporting facilities and schools.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
The size of Golden Square is approximately 8.5 square kilometres. There are 13 parks, covering nearly 2.3% of the total area. The population of Golden Square in 2016 was 8820 people. By 2021 the population was 9220 showing a population growth of 4.5% in the area during that time. The predominant age group in Golden Square is 30-39 years. Households in Golden Square are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Square work in a professional occupation.In 2021, 62.80% of the homes in Golden Square were owner-occupied compared with 63.30% in 2016.
Golden Square has 5,447 properties. Over the last 5 years, Houses in Golden Square have seen a 37.14% increase in median value, while Units have seen a 41.96% increase. As at 31 July 2026:
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