FOR SALE
$250,000

9 Short Street
East Bairnsdale VIC 3875

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1079m2
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RENOVATORS DREAM.. LARGE BLOCK NEAR TOWN

Discover an exceptional investment opportunity with this quarter acre property ideally located within walking distance to Bairnsdale's CBD. Situated at Short Street, this property offers immense potential for various development options, subject to council approval. Existing dwellings on the property, one dwelling in very poor condition, offering a renovation or redevelopment opportunity and a self-contained bungalow that can be upgraded to a liveable standard, providing immediate occupancy or rental potential. The property presents a versatile canvas for development, potential to subdivide the land and create multiple lots (STCA) or opportunity to build townhouses or units, catering to increasing demand for residential living in Bairnsdale and surrounding area. Proximity to essential amenities, schools, public transport and recreational facilities enhances its appeal. Suitable for investors, developers or owner-occupiers looking to capitalise on Bairnsdale's expanding property market. For more information on this property call us today on 5152 3311, we are selling 7 days.
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Property Details for 9 Short St, East Bairnsdale

9 Short St, East Bairnsdale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1079m2. The place is currently for sale with KING & HEATH FIRST NATIONAL - Bairnsdale .

Building Type
House
Land Size
1079m2

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About East Bairnsdale 3875

The size of East Bairnsdale is approximately 13 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of East Bairnsdale in 2011 was 1,299 people. By 2016 the population was 1,288 showing a population decline of 0.8% in the area during that time. The predominant age group in East Bairnsdale is 60-69 years. Households in East Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Bairnsdale work in a labourer occupation. In 2011, 55% of the homes in East Bairnsdale were owner-occupied compared with 58.2% in 2016.

East Bairnsdale has 814 properties. Over the last 5 years, Houses in East Bairnsdale have seen a 70.28% increase in median value, while Units have seen a 54.41% increase. As at 31 July 2024:

  • The median value for Houses in East Bairnsdale is $447,698 while the median value for Units is $343,715.
  • Houses have a median rent of $480 while Units have a median rent of $240.
There are currently 18 properties listed for sale, and 4 properties listed for rent in East bairnsdale on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in East bairnsdale.

Suburb Insights for East Bairnsdale 3875

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Kirsten Benton
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KING & HEATH FIRST NATIONAL - Bairnsdale
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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.