SOLD
Sold on 23 Feb 2024 for $700,000

70 Gisborne Road
Bacchus Marsh VIC 3340

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Floor area: 130m2
Land area: 1142m2
Sold By
Bacchus Marsh Real Estate
Save

Property Details for 70 Gisborne Rd, Bacchus Marsh

70 Gisborne Rd, Bacchus Marsh is a 5 bedroom, 1 bathroom House. The property has a land size of 1142m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Bacchus Marsh in the last 12 months.

Building Type
House
Floor Size
130m2
Land Size
1142m2
Local Government
Moorabool
Lot/Plan
1/TP536743

Last Listing description (March 2024)

This brick veneer residence is situated on a substantial block, spanning approximately 1142m2. Nestled in a highly sought-after central part of town, it provides unparalleled convenience with proximity to freeway access, childcare and kindergarten facilities, not one, but two primary schools, local medical services, and the bustling town centre.

The property's strategic location caters to the diverse needs of residents, offering seamless access to essential amenities. For families with school-going children, the vicinity boasts easy reach to both Bacchus Marsh Secondary College and Bacchus Marsh Grammar, ensuring quality education is just minutes away by car, bike, or foot.

The convenience of daily commuting is further enhanced by the property's proximity to a bus stop, located merely a minute from the front door. This bus stop conveniently connects to Bacchus Marsh Train Station, facilitating effortless car-free travel to Melbourne or Ballarat, making it an ideal choice for those seeking a commuter-friendly lifestyle.

The interior of the main dwelling comprises three bedrooms, while an external bungalow adds versatility to the property with an additional two bedrooms and a separate living area. This configuration opens a myriad of possibilities for potential buyers, whether it be for personal residence, investment purposes, a renovation project, or exploring the potential for a substantial residential or medical development (subject to council approval).

In summary, this property not only offers a great bones but also presents an array of opportunities for the discerning purchaser. Its sizeable land parcel, coupled with the strategic location, makes it a compelling choice for those looking to establish roots in a thriving community or make a strategic investment in the real estate market.

Property History for 70 Gisborne Rd, Bacchus Marsh, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$700,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $700,000
  • 10 Nov 2023
    Transferred
  • 14 Mar 2023
    Listed for Sale $875,000

Commute Calculator

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 5,167 properties. Over the last 5 years, Houses in Bacchus Marsh have seen a 29.22% increase in median value, while Units have seen a 26.74% increase. As at 31 October 2024:

  • The median value for Houses in Bacchus Marsh is $633,937 while the median value for Units is $397,262.
  • Houses have a median rent of $480 while Units have a median rent of $375.
There are currently 76 properties listed for sale, and 11 properties listed for rent in Bacchus marsh on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Bacchus marsh.

Suburb Insights for Bacchus Marsh 3340

Market Insights
Bacchus Marsh 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
Bacchus Marsh 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
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.