FOR SALE
$520,000 - $540,000

31 Short Street
Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 606m2
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YOU'RE BUYING THE LOCATION - 606m2 SCOPE FOR RESIDENTIAL OR COMMERICAL USE

What an opportunity to purchase an almost original home right in the heart of town, set on a spacious 606m2 allotment (approximately)! This property offers boundless potential with its residential history and commercial zoning - it is a rare find, just a stone throws away from local cafes, schools, and shops. Enjoy picturesque views of Bendigo Cathedral and you’re overlooking Bendigo Creek from your own yard, perfectly combining convenience with a hint of serenity!
The home itself is almost original inside and out with rich original character and potential, it is a genuine a blank canvas ready for your vision!
While it does need TLC, the building boasts high timber-lined ceilings, wide timber floorboards (some extending the length of the hallway), and spacious rooms fitted with original windows and architraves, an unusual façade and much more!
As a residence it would work as three spacious bedrooms, lounge and a kitchen-meals space. A clever buyer would consider an extension utilising the extensive current roofline or make improvements to the rear half of the residence.
It is zoned Commercial and offers a versatile layout for other uses such as such as office space, meeting rooms, possible retail space and plenty of onsite parking is a huge bonus!
There’s total flexibility for a buyer - whether using it as a residence or commercial use – or both!! Just appreciate the position, the capital growth will take care of itself!!
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Property Details for 31 Short St, Bendigo

31 Short St, Bendigo is a 3 bedroom, 1 bathroom House. The property has a land size of 606m2. The place is currently for sale with PH Property.

Building Type
House
Land Size
606m2

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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 5,144 properties. Over the last 5 years, Houses in Bendigo have seen a 43.36% increase in median value, while Units have seen a 71.39% increase. As at 30 November 2024:

  • The median value for Houses in Bendigo is $560,043 while the median value for Units is $441,224.
  • Houses have a median rent of $470 while Units have a median rent of $443.
There are currently 47 properties listed for sale, and 13 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Bendigo.

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