FOR SALE
$470,000 - $495,000

5 Cathcart Street
Marong VIC 3515

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 2503m2
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2503sqm Block with Development Potential!

Welcome to 5 Cathcart Street, Marong, a fantastic property bursting with potential and endless opportunities. Situated on a sprawling 2503sqm block, this property offers a rare chance to either renovate the existing dwelling or subdivide and develop, catering to a wide range of buyers.
Key Features:
• Development and Subdivision Potential: This expansive block is perfect for those looking to develop or subdivide, offering ample space to create something truly special.
• Renovation Opportunity: The existing 2-bedroom, single living home provides a solid foundation for renovation. With a bit of vision and effort, you can transform this dwelling into your dream home.
• Ample Yard Space: The generous yard is ideal for families, giving kids and pets plenty of room to play and explore.
• Existing Infrastructure: Benefit from the existing shed and single car garage, providing additional storage and workshop space.
• Convenient Location: Just 6 minutes from Maiden Gully shops and a mere 15 minutes from the CBD, you'll enjoy the perfect balance of suburban tranquility and city convenience.
• Side Access to Shedding: Easy access to the shed enhances the practicality of this property, catering to various needs.
Don't miss out on this exceptional opportunity to create your own slice of paradise or invest in a promising development project. 5 Cathcart Street, Marong, is a blank canvas ready for your personal touch. Contact us today to arrange a viewing and take the first step towards realizing your real estate dreams.
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Property Details for 5 Cathcart St, Marong

5 Cathcart St, Marong is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a floor size of 2503m2. The place is currently for sale with PRD Real Estate Bendigo.

Building Type
House
Floor Size
2503m2

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About Marong 3515

The size of Marong is approximately 76.1 square kilometres. It has 2 parks covering nearly 1.8% of total area. The population of Marong in 2011 was 901 people. By 2016 the population was 1,438 showing a population growth of 59.6% in the area during that time. The predominant age group in Marong is 0-9 years. Households in Marong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marong work in a trades occupation. In 2011, 83% of the homes in Marong were owner-occupied compared with 82.1% in 2016.

Marong has 1,167 properties. Over the last 5 years, Houses in Marong have seen a 54.71% increase in median value, while Units have seen a 69.69% increase. As at 31 October 2024:

  • The median value for Houses in Marong is $677,079 while the median value for Units is $470,909.
  • Houses have a median rent of $500.
There are currently 13 properties listed for sale, and 1 property listed for rent in Marong on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Marong.

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Matt Ingram
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Reuben Meyer
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PRD Real Estate Bendigo
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