FOR SALE
$329,000 - $345,000

22 Milroy Street
Bendigo VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 553m2
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Prime Parcel of Land close to Bendigo's CBD.

Discover the potential of 22 Milroy Street, Bendigo—a prime parcel of land offering a blank canvas for the visionary builder or developer. Nestled in a coveted location mere moments from the vibrant heart of Bendigo's CBD, this 553m2 block presents a unique opportunity to craft a bespoke residential masterpiece or undertake a lucrative townhouse development, with preliminary plans already in place for two sophisticated dwellings.
Imagine the convenience of city living with all essential amenities within arm's reach—hospitals, corner store cafes, gourmet restaurants, cozy pubs, and esteemed educational institutions for both primary and secondary levels. This property is not just a rare find in today's built-up landscape; it's a gateway to a lifestyle of ease and accessibility.
As Bendigo undergoes a dynamic transformation, this address stands out as a beacon of opportunity. The area is witnessing an exciting phase of growth, with an influx of new constructions and renovations enhancing the locale's charm and value. Whether you envision constructing a grand single residence or executing the proposed townhouse project, the timing couldn't be more perfect.
This property is more than just land; it's a promise of endless possibilities waiting to be realized by a motivated buyer. Seize this rare chance to leave your mark in one of Bendigo's rapidly evolving neighborhoods. Don't let this opportunity slip through your fingers—contact Maher Real Estate today to arrange your personal inspection and take the first step towards bringing your vision to life.
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Property Details for 22 Milroy St, Bendigo

Building Type
Land
Land Size
553m2

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About Bendigo 3550

The size of Bendigo is approximately 5.5 square kilometres. It has 8 parks covering nearly 8.8% of total area. The population of Bendigo in 2011 was 5,774 people. By 2016 the population was 5,534 showing a population decline of 4.2% in the area during that time. The predominant age group in Bendigo is 20-29 years. Households in Bendigo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bendigo work in a professional occupation. In 2011, 54% of the homes in Bendigo were owner-occupied compared with 53.7% in 2016.

Bendigo has 5,119 properties. Over the last 5 years, Houses in Bendigo have seen a 38.62% increase in median value, while Units have seen a 62.26% increase. As at 31 October 2024:

  • The median value for Houses in Bendigo is $553,490 while the median value for Units is $425,996.
  • Houses have a median rent of $470 while Units have a median rent of $440.
There are currently 47 properties listed for sale, and 15 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Bendigo.

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