FOR SALE
$850,000 - $900,000

6 Larritt Street
Bendigo VIC 3550

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Land area: 729m2
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Dual Living or Dual Income in the Heart of Bendigo

Located on a wide tree-lined street within walking distance of the Bendigo CBD, 6 Larritt Street Bendigo presents a unique proposition for buyers looking for dual income or dual living opportunities.
From the street you are greeted by the pretty facade and picket fence of the site’s original home, a 1900s miners’ cottage. In traditional format there are four main rooms accessed by a central hall, three bedrooms and a cosy living with open fireplace. To the rear are the utility rooms, kitchen and bathroom. Outside there is a large laundry, storage room and single carport.
A wide side driveway leads to the rear home, a 90s Macquarie home built sympathetically to reflect the cottage style, with bay windows and weatherboard frontage. The home enjoys a large living room and open plan kitchen meals, two generous bedrooms with built-in robes, large central bathroom and separate laundry.
A shared garden separates the two and the rear home has a small courtyard and space for a vehicle. Both properties have their own metered utilities, allowing you to reside in one and rent the other or possibly use as holiday accommodation given the close proximity to Bendigo’s attractions.
From an investment perspective, this property has great potential. The rental income for the front and rear residences are appraised at between $370 - $390 and $410 - $430 per week respectively, creating a possible combined value of up to $820 per week.
Whether you're looking for a dual income opportunity, a separate living space for extended family or an investment with promising returns, 6 Larritt Street is an opportunity not to be missed.
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Property Details for 6 Larritt St, Bendigo

6 Larritt St, Bendigo is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 729m2. The place is currently for sale with Property Plus Real Estate.

Building Type
House
Land Size
729m2

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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 5,106 properties. Over the last 5 years, Houses in Bendigo have seen a 38.78% increase in median value, while Units have seen a 66.42% increase. As at 30 September 2024:

  • The median value for Houses in Bendigo is $550,901 while the median value for Units is $427,929.
  • Houses have a median rent of $460 while Units have a median rent of $435.
There are currently 43 properties listed for sale, and 13 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Bendigo.

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