OFF MARKET

96/96 Myrtle Road
Ascot VIC 3551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2530m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 96/96-A Myrtle Rd, Ascot

Building Type
Land
Land Size
2530m2
Local Government
Greater Bendigo

Last Listing description (August 2018)

Located within a short walk to the Epsom Shopping Centre, Epsom Train Station & the Bendigo Golf Course, is this unique investment opportunity. The property, once an attractive Victorian, was involved in a fire resulting in three quarters of the home being damaged. The owners then converted the undamaged portion of the house into a self-contained, one bedroom flat that returns $200pw & they added a second two bedroom flat to the site which also returns $200pw, so the property currently provides $400pw or $20,800pa in income. The 2530m2 (approx) allotment already has plans for a four lot subdivision. A demolition permit has been approved, so it is ready & waiting for a developer to take control. With plenty of side access, the ability to construct the subdivision without inconveniencing the tenants is viable, meaning you don't have to go without an income while developing the land.

Property History for 96/96-A Myrtle Rd, Ascot, VIC 3551

A timeline of how this property has performed in the market
  • 25 May 2018
    Listed for Sale $380,000 - $420,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Ascot 3551

The size of Ascot is approximately 9.8 square kilometres. It has 3 parks covering nearly 16.6% of total area. The population of Ascot in 2011 was 1,342 people. By 2016 the population was 1,964 showing a population growth of 46.3% in the area during that time. The predominant age group in Ascot is 0-9 years. Households in Ascot are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ascot work in a professional occupation. In 2011, 85.9% of the homes in Ascot were owner-occupied compared with 75.9% in 2016.

Ascot has 1,209 properties. Over the last 5 years, Houses in Ascot have seen a 45.11% increase in median value. As at 30 November 2024:

  • The median value for Houses in Ascot is $613,491 while the median value for Units is $399,977.
  • Houses have a median rent of $500.
There are currently 7 properties listed for sale, and 1 property listed for rent in Ascot on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Ascot.

Ascot Profile Page

Suburb Insights for Ascot 3551

Visit Ascot profile page
Market Insights
Ascot Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Ascot Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ascot profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED