SOLD
RECENT ADVICE
Sold on 16 May 2024 for $385,000

88 Loftus Street
Bemboka NSW 2550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1391m2
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Property Details for 88 Loftus St, Bemboka

88 Loftus St, Bemboka is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1391m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Bemboka in the last 12 months.

Building Type
House
Year Built
1970
Land Size
1391m2
Local Government
Bega Valley
Lot/Plan
15/6/DP758087

Last Listing description (May 2024)

Set on a large half acre corner block this three bedroom one bathroom home is ready to be lived in with lots of space inside and out. There are two living areas plus a hobby or a sewing room plus a sun room and a very roomy space. There are two reverse cylcle airconditioners for year roundcomfort in this very spacious light filled home. Under the house you can garage your car have a large workshop and there is even enough room enough to set up your own home gym.

If you have been trying to get into the property market. Now is definitely a good time to take the next step to take advantage of this opportunity. With interest rates predicted to ease in the coming months many more buyers will return to the market and this will put upward pressure on house prices according to the industry experts.

Located in Bemboka close to nature yet oh so close to Bega only a 25 minute drive away and approx. thirty minutes to Merimbula Beaches and Airport with connections to Melbourne and Sydney and Canberra which can also be accessed by car in about two hours if you are heading to the nations capital. Bemboka has a strong community and a pub that has been recently renovated, a famous pie shop, a town swimming pool and a primary school.

NBN, Town power, water and septic system connected. 3 phase power in garage downstairs.
LOT 15 DP758087 SEC 6 Council rates approx. $1,800 pa

Property History for 88 Loftus St, Bemboka, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$385,000
16 May 2024
  • 14 May 2024
    Sold for $385,000
  • 25 Mar 2024
    Listed for Sale $399,000
  • 13 Oct 2021
    Sold for $350,000
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About Bemboka 2550

The size of Bemboka is approximately 334.4 square kilometres. It has 3 parks covering nearly 50.2% of total area. The population of Bemboka in 2011 was 575 people. By 2016 the population was 559 showing a population decline of 2.8% in the area during that time. The predominant age group in Bemboka is 60-69 years. Households in Bemboka are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bemboka work in a managers occupation. In 2011, 80.4% of the homes in Bemboka were owner-occupied compared with 77.3% in 2016.

Bemboka has 483 properties. Over the last 5 years, Houses in Bemboka have seen a 72.29% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bemboka is $457,951 while the median value for Units is $612,328.
There are currently 26 properties listed for sale, and no properties listed for rent in Bemboka on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Bemboka.

Suburb Insights for Bemboka 2550

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Rob Flynn
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BEGA VALLEY REALTY
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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.