FOR SALE
$480,000 - $520,000

46 Milroy Street
Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 1132m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

RENOVATORS DELIGHT ON A HUGE PARCEL IN A CENTRAL LOCATION

This property occupies a whopping 1,100sqm of ground, not just with the 3550 postcode, but with a Bendigo proper address. It is located less than 2km, or 3 minutes from our beautiful landmark, Alexandra Fountain in the heart of Bendigo's CBD. The home has a lovely Victorian façade and many of the traditional features. It is well and truly ripe for renovation and just begging for someone who loves old homes to reinstate it, to its former glory. It would also be suited to someone who is interested in pursuing the possibility of subdivision potential in the future.
The current owner purchased this property from her mother over 25 years ago, meaning this property has quite literally been held by the same family for decades, or generations. It is from an era when people took a lot of pride in their gardens, and it even has a suitable name; "Summerfield".
The home hasn't had any substantial improvements in the whole time of the current ownership, which on one hand means it is quite tired, and would most definitely benefit greatly from a renovation or refurbishment, but on the other hand, it means most of the original traditional features are still in place, such as sash windows with the quirky original glass, reminding us that once upon a time, everything was handmade, deep skirting boards, towering timber-lined, ceilings, timber dado boards, and picture rails are amongst the wonderful echoes of the past.
The floor plan is as you would expect from a home of this age, with four main rooms at the front, the first two divided by a central entry hall, beyond which you step into what is currently being used as the dining room, with a bedroom alongside, then the kitchen with an adjacent bedroom sized room, and as you move towards the back door you will find yourself in what would once have been called the vestibule, but is more commonly known as a sunroom now with the bathroom to one side and the laundry and toilet to the other. This transitional space would make an excellent study or gaming area.
An advantage of older homes like this is the versatility of the space. Clever design in the kitchen, would see the dining incorporated, freeing up the other rooms for use as four bedrooms and a lounge or three bedrooms and two separate living areas.
If you just want a nice handy spot to raise your kids, with a big backyard to explore, the gardens are beautifully established, and the property is a triangle which makes it really unique and peculiar with lots of little nooks and crannies. There are bird aviaries tucked away right down the back, and closer to the front There is a brick garage, an older shed, and some other sundry shedding.
In discussion with Town Planning, it seems that subdivision is a possibility here, however a heritage overlay would need to be addressed, with a mind to preservation of the original home, but then who wouldn't want to breathe new life into this lovely piece of history.
I really don't need to address the convenience of the location, it is unbelievably close to everything you could possibly want from Bendigo. The list would be ridiculous, pick anything and check for yourself.
This property is rich with possibility and ideal for someone gifted with the vision to see the potential, and the ability to add value by bringing that into reality.
Consider yourself invited to the next open and feel free to contact the friendly agent, she would love to help you.
See MoreView Statement of Information

Property Details for 46 Milroy St, Bendigo

46 Milroy St, Bendigo is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1132m2 and floor size of 111m2. The place is currently for sale with Elders Real Estate Bendigo.

Building Type
House
Floor Size
111m2
Land Size
1132m2

Commute Calculator

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 5,143 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 12 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Bendigo.

Bendigo Profile Page

Suburb Insights for Bendigo 3550

Visit Bendigo profile page
Market Insights
Bendigo Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Bendigo Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Bendigo profile page
Contact agent
Ruth Heard
Show contact details
Call agent
Elders Real Estate Bendigo
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED