Golden Point is a suburb of

Ballarat Ballarat ( ) is a city in the Central Highlands (Victoria), Central Highlands of Victoria (Australia), Victoria, Australia. At the 2021 Census, Ballarat had a population of 116,201, making it the third largest city in Victoria. Estimated resid ...

Victoria Victoria most commonly refers to: * Victoria (Australia), a state of the Commonwealth of Australia * Victoria, British Columbia, provincial capital of British Columbia, Canada * Victoria (mythology), Roman goddess of Victory * Victoria, Seychelle ...

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

located south-east of the CBD. It is the oldest settlement in Greater Ballarat. Gold was discovered at Poverty Point on 21 August 1851 by John Dunlop and James Regan, sparking the Ballarat gold rush. Golden Point was the site of what was known as the Ballarat diggings, and for at least a decade the focal point of the original Ballarat township was Main Street. At the , Golden Point had a population of 2,217. Golden Point is bordered by the

Yarrowee River The Yarrowee River (or Yaramlok in the Aboriginal language) is a perennial river of the Corangamite catchment, located in the Central Highlands region of the Australian state of Victoria. Location and features The Yarrowee is a major tributa ...

to the west, Steinfield, Eureka and Callow Streets to the north, Larter Street to the east and Gladstone, Magpie and Elsworth Streets to the south. The topography varies, from the floodplain of Specimen Vale from Golden Point Hill (after which the suburb was named). Poverty Point memorial

Sovereign Hill - Main St S from Golden Point Rd 2

Golden Point is notable as the location (atop Golden Point Hill) of the

Sovereign Hill Sovereign Hill is an open-air museum in Golden Point, a suburb of Ballarat, Victoria, Australia. Sovereign Hill depicts Ballarat's first ten years after the discovery of gold there in 1851. It was officially opened on 29 November 1970 and has ...

Historic Park, which depicts the area around Main Street; the Observation lookout from which the Ballarat skyline can be viewed and the Ballarat Gold Museum.

History

The area was once known as Poverty Point. However, on 21 August 1851 prospectors John Dunlop and James Regan struck a few ounces of gold when passing through the area; the announcement of this discovery is attributed to sparking the Ballarat Gold Rush, hence the poetic name change. A historical marker for the location of the discovery is located in a reserve just off Clayton Street. With the establishment of the township of Ballarat West, Main Street went into steep decline in the 1860s and 1870s before being almost completely decimated by a disastrous fire. In 1970, Sovereign Hill Historic Park was constructed, with the aim of recreating the original Golden Point settlement, although set on the hill rather than the original valley, it features many of the early timber buildings which once lined the Main Street, Golden Point in the 1850s, along with many aspects of life and industry from that era.

Economy and Tourism Industry

Golden Point has a number of restaurants, including Italian, Chinese and Indian cuisines, as well as accommodation, convention and function venues which capitalise on the proximity of Sovereign Hill.

References

Suburbs of Ballarat {{GrampiansAU-geo-stub