OFF MARKET

1/13 Manor Street
Bacchus Marsh VIC 3340

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 200m2
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Last updated 30 Sep 2024
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Property Details for 1/13 Manor St, Bacchus Marsh

1/13 Manor St, Bacchus Marsh is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 200m2 and floor size of 86m2.

Building Type
Unit
Year Built
1981
Floor Size
86m2
Land Size
200m2
Local Government
Moorabool

Last Listing description (March 2016)

THIS PROPERTY IS TRULY AN INVESTORS DREAM. IT'S NOT VERY OFTEN AN OPPORTUNITY LIKE THIS COMES UP SO CLOSE TO THE AMENITIES THAT CENTRAL BACCHUS MARSH HAS TO OFFER. WITH FOUR SEPARATE 2-BEDROOM UNITS (ALL ON THE ONE TITLE) SITUATED ON A LARGE BLOCK THESE UNITS OFFER A FANTASTIC POTENTIAL AND ARE IDEAL FOR THE RENOVATORS AMONGST US OR INVESTORS ALIKE. ONE UNIT BOASTS A NEWLY RENOVATED KITCHEN AND ANOTHER UNIT OFFERS A NEWLY RENOVATED BATHROOM, ALL UNITS FEATURE UNDERCOVER PARKING AND A SECURE LOW MAINTENANCE COURTYARD. THE CURRENT GROSS RENTAL RETURN IS $39,260 PER ANNUM.SO WHAT ARE YOU WAITING FOR? SEIZE THE OPPORTUNITY TO PURCHASE THIS EXCEPTIONAL PROPERTY THAT WILL NOT LAST LONG ON THE MARKET.

Property History for 1/13 Manor St, Bacchus Marsh, VIC 3340

A timeline of how this property has performed in the market
Listed for Rent
$160/w
29 Jan 2009
  • 14 Mar 2016
    Listed for Sale $750,000
  • 13 Feb 2016
    Listed for Sale $750,000
  • 24 Sep 2015
    Listed for Sale Not Disclosed
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About Bacchus Marsh 3340

The size of Bacchus Marsh is approximately 12.2 square kilometres. It has 24 parks covering nearly 3.8% of total area. The population of Bacchus Marsh in 2011 was 5,759 people. By 2016 the population was 6,398 showing a population growth of 11.1% in the area during that time. The predominant age group in Bacchus Marsh is 60-69 years. Households in Bacchus Marsh are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bacchus Marsh work in a professional occupation. In 2011, 69.4% of the homes in Bacchus Marsh were owner-occupied compared with 67.8% in 2016.

Bacchus Marsh has 5,150 properties. Over the last 5 years, Houses in Bacchus Marsh have seen a 33.27% increase in median value, while Units have seen a 34.95% increase. As at 31 August 2024:

  • The median value for Houses in Bacchus Marsh is $639,160 while the median value for Units is $407,463.
  • Houses have a median rent of $475 while Units have a median rent of $380.
There are currently 78 properties listed for sale, and 14 properties listed for rent in Bacchus marsh on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Bacchus marsh.

Suburb Insights for Bacchus Marsh 3340

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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.