SOLD
Sold on 15 Aug 2024 for $740,000

3 Mitchell Street
Axedale VIC 3551

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 30873m2
Sold By
Bendigo Ballarat Real Estate
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Property Details for 3 Mitchell St, Axedale

3 Mitchell St, Axedale is a 3 bedroom, 0 bathroom House. The property has a land size of 30873m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Axedale in the last 12 months.

Building Type
House
Land Size
30873m2
Local Government
Greater Bendigo
Lot/Plan
1/PS814926

Last Listing description (July 2017)

Axedale s close proximity to the Bendigo CBD and its growing outer suburbs, the Fosterville Gold Mine, Lake Eppalock and its easy access to Melbourne, set the scene for attracting a wide cross section of potential new residents wanting to embrace an enviable country lifestyle. Young families to retirees will experience a region renowned for its relaxed atmosphere and strong sense of community. There are many existing services and recreational facilities supporting this growing and thriving community. Axedale is all set to become the next growth suburb in the City of Greater Bendigo*.
Property Overview.
Land size approx. 9.2 acres zoned General Residential

Planning Permit approval for 20 large lot subdivision (1500 to 1642sqm)
Services available: Power, Water, Sewerage, Phone/NBN
Community Services: Pre-School, Expanded Primary School, Police Station, New Fire Station
Recreation Facilities: Golf Course, Tennis Club, Campaspe River, Lake Eppalock, Wineries, playground with dedicated skate-park and the O'Keefe Rail Trail
Community Hub: General Store including post office, ATM and takeaway foods, Service Station, Tavern, Weekend Community Market, Anglican and Catholic Churches and Bi-monthly Community Newsletter
21km to Bendigo CBD
17km to Strathfieldsaye Shopping and Allied Health Services
* Greater Bendigo is forecast to have a large population increase in the 2017-2021 period with a net increase of 11,122 residents in that period. The population is expected to almost double by 2050. (source: draft City of Greater Bendigo Community Plan 2017 - 2021)

Property History for 3 Mitchell St, Axedale, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$740,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $740,000
  • 16 Apr 2023
    Sold for $780,000
  • 22 Aug 2022
    Sold for $915,000
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About Axedale 3551

The size of Axedale is approximately 119 square kilometres. It has 5 parks covering nearly 15.4% of total area. The population of Axedale in 2011 was 571 people. By 2016 the population was 825 showing a population growth of 44.5% in the area during that time. The predominant age group in Axedale is 0-9 years. Households in Axedale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Axedale work in a trades occupation. In 2011, 89.1% of the homes in Axedale were owner-occupied compared with 86.9% in 2016.

Axedale has 544 properties. Over the last 5 years, Houses in Axedale have seen a 45.05% increase in median value, while Units have seen a 51.40% increase. As at 31 October 2024:

  • The median value for Houses in Axedale is $749,297 while the median value for Units is $351,107.
There are currently 5 properties listed for sale, and no properties listed for rent in Axedale on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Axedale.

Suburb Insights for Axedale 3551

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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.