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40-42 Wood Street
Long Gully VIC 3550

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Land area: 2700m2
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Wood: The Ultimate Development Opportunity for Developers and Investors!

Welcome to Wood Street, where exceptional development opportunities await. These premium home sites are ideal for discerning developers and investors, offering stunning views of Bendigo's picturesque landscape and the potential for NDIS (National Disability Insurance Scheme) homes (STCA).
Located just 2.5 km from Bendigo's vibrant CBD, Wood Street combines the convenience of urban proximity with the tranquility of scenic surroundings. This site is perfect for creating not only high-demand residential properties but also specialized NDIS homes, catering to the growing need for accessible and supportive living options.
This is a rare chance to secure a prime development site in Bendigo's next premier area. Don't miss out on the opportunity to be part of this exceptional project. Act now to make your mark in this sought-after location!
For more information please contact Bhupinder on 0433766802 or Hiren on 0425855832.
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Property Details for 40-42 Wood St, Long Gully

Building Type
Land
Land Size
2700m2

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About Long Gully 3550

The size of Long Gully is approximately 3.4 square kilometres. It has 3 parks covering nearly 2% of total area. The population of Long Gully in 2011 was 3,338 people. By 2016 the population was 3,369 showing a population growth of 0.9% in the area during that time. The predominant age group in Long Gully is 20-29 years. Households in Long Gully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Long Gully work in a labourer occupation. In 2011, 56.7% of the homes in Long Gully were owner-occupied compared with 53.3% in 2016.

Long Gully has 1,912 properties. Over the last 5 years, Houses in Long Gully have seen a 54.66% increase in median value, while Units have seen a 60.45% increase. As at 31 July 2024:

  • The median value for Houses in Long Gully is $470,433 while the median value for Units is $402,211.
  • Houses have a median rent of $430 while Units have a median rent of $390.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Long gully on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Long gully.

Suburb Insights for Long Gully 3550

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Bhupinder Singh
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Hiren Luhar
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Real Core Properties
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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.