Small house, big appeal: Buyers fall in love with ‘smallest house’ in town – realestate.com.au

A small house 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 price guide of $440,000 to $470,000.

This classic miner’s cottage, hidden behind a white picket fence, has more to offer than meets the eye.

Inside, the house has been carefully renovated to preserve its historic character while offering modern comfort.

A light-filled open-plan living and dining area makes clever use of the compact footprint.

The modern kitchen has been updated with high-quality appliances and practical storage space, while the bathroom is equipped with every comfort, including underfloor heating.

The house has been completely renovated. Image: realestate.com.au/buy

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The newly renovated house has been used for short-term rentals, which was a big draw for many buyers, according to sales agent Mark Vorstenboch.

He said the property had attracted interest from a range of people, including downsizers, first home buyers and investors.

“It’s not a property that everyone would think of, but it’s a property that suits a lot of people,” he said.

The open living room makes the compact home feel spacious. Image: realestate.com.au/buy

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He said several buyers were interested in purchasing the property, including all furnishings, 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 property,” he said. “One-bedroom properties rent particularly well.”

Mr Vorstenboch estimated the property could fetch between $300 and $370 per week in rent, or more if it were offered on the short-term rental market.

Although it only has one bedroom, it still attracts many interested buyers. Image: realestate.com.au/buy

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In the rear garden, a separate studio converted from a garage offers flexibility as a home office, creative space or guest accommodation, subject to council approval.

“They completely upholstered it and it has a split-system air conditioner in it,” Mr. Vorstenboch said.

A backyard studio offers a convenient option for working from home. Image: realestate.com.au/buy

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“It has the potential to serve as an office, but it can also be used as a guest room. There has already been talk of using it as a small business proposition.”

The studio also increases its appeal for buyers working hybrid or remote, as does its price, as it is around the same price as a typical inner-city Melbourne apartment.

The backyard is spacious enough considering the modest dimensions of the property. Image: realestate.com.au/buy

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According to data from PropTrack, the median home price in Golden Point has increased 7.2% over the past 12 months to $520,000, making the property more affordable than most other homes in the area.

“Properties under €500,000 are now difficult to find,” says Vorstenboch.