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Sold on 23 May 2024 - Price Unavailable

16 Bull Street
Bairnsdale VIC 3875

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 1559m2
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Property Details for 16 Bull St, Bairnsdale

16 Bull St, Bairnsdale is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1559m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Bairnsdale in the last 12 months.

Building Type
House
Land Size
1559m2
Local Government
East Gippsland
Lot/Plan
1/TP534837

Last Listing description (May 2024)

Introducing a prime opportunity for savvy investors and developers: a sprawling 1559 square meter site boasting a flat topography, situated in a highly sought-after location. This property comes complete with an established house and shed, offering potential income streams until the opportune moment arises for development.
With the potential to evolve into a lucrative unit complex, subject to council approval, this site presents a promising investment for those with foresight and vision. Whether you're considering building your future retirement haven or capitalizing on the growing real estate market, this property offers flexibility and potential returns.
Don't miss out on the chance to secure your financial future with this versatile real estate gem. Envision the possibilities and seize the opportunity to shape your investment portfolio. Contact our Bairnsdale office today on 03 51523 311

Property History for 16 Bull St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
23 May 2024
  • 21 May 2024
    Sold for $520,000
  • 29 Apr 2024
    Listed for Sale $550,000
  • 04 Aug 2023
    Listed for Sale Not Disclosed
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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of total area. The population of Bairnsdale in 2011 was 7,237 people. By 2016 the population was 7,581 showing a population growth of 4.8% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a professional occupation. In 2011, 63.8% of the homes in Bairnsdale were owner-occupied compared with 60.8% in 2016.

Bairnsdale has 5,782 properties. Over the last 5 years, Houses in Bairnsdale have seen a 59.68% increase in median value, while Units have seen a 48.87% increase. As at 30 September 2024:

  • The median value for Houses in Bairnsdale is $430,688 while the median value for Units is $341,713.
  • Houses have a median rent of $440 while Units have a median rent of $350.
There are currently 85 properties listed for sale, and 29 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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Paul Miles
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Sam Tham
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KING & HEATH FIRST NATIONAL - Bairnsdale
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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.