FOR SALE
$450,000 - $495,000

7 Pascoe Street
Long Gully VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1.15ha
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2.8 ACRES OF SPACE OR DEVELOPMENT OPPORTUNITY (STCA)

Whether you are looking for a little space between you and the neighbours, or a site for potential future development (STCA) – or both, this may very well be the spot for you.
On offer for the first time in 30 years, is the unique opportunity to purchase this parcel of land, overlooking Derwent Gully and within a community where residents enjoy the use of the Long Gully Reserve, multiple play spaces, the Long Gully Trail and BMX track, local shops, community garden and Community Centre, childcare services and primary schools, together with close proximity to Maiden Gully, Bendigo CBD and the Eaglehawk precinct.
A touch of rural with access to city services, this property features a small dam situated in the northwest corner, wire fencing to the entire perimeter and a newly installed secure gate at its entrance.
Located approximately 3.5km from the Bendigo CBD and 4km from the unique shopping precinct of Eaglehawk, this property is zoned General Residential, with town water, sewer, power and NBN available to the site.
Take up this opportunity and call Josie Caruso 0429 014411 for more information.
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Property Details for 7 Pascoe St, Long Gully

Building Type
Land
Land Size
1.15ha

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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 55.50% increase in median value, while Units have seen a 55.51% increase. As at 31 August 2024:

  • The median value for Houses in Long Gully is $471,604 while the median value for Units is $405,958.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Long gully on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Long gully.

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