OFF MARKET

2/78 Mitchell Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 206m2
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Last updated 28 Oct 2024
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Property Details for 2/78 Mitchell St, Bairnsdale

2/78 Mitchell St, Bairnsdale is a 0 bedroom, 0 bathroom Unit and was built in 1980. The property has a land size of 206m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1980
Land Size
206m2
Local Government
East Gippsland
Lot/Plan
2/RP15784

Last Listing description (October 2023)

This delightful 2-bedroom, 1-bathroom brick unit offers the perfect blend of comfort, convenience, and potential for an excellent rental return. Whether you're a first-time homebuyer, a savvy investor, or looking to downsize without compromising on location, this property has it all! The unit boasts two generously sized bedrooms, offering plenty of space for your family or guests. These rooms are perfect for creating a personal sanctuary or a versatile home office setup. A well-appointed bathroom awaits, providing a relaxing atmosphere to unwind after a long day or freshen up before heading out to enjoy the town's amenities. Built to last, this brick unit not only exudes a timeless appeal but also ensures durability and low maintenance, giving you peace of mind for years to come. Rarely found in central locations, this property comes with a spacious yard, providing endless opportunities for outdoor activities, gardening, or even creating your own little urban oasis. For the astute investor, this unit offers a promising rental return of $350 per week, making it a lucrative investment opportunity in a highly sought-after location.

Property History for 2/78 Mitchell St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$347,000
27 Sep 2023
Listed for Rent
$250/w
25 Oct 2018
  • 27 Sep 2023
    Sold for $347,000
  • 27 Jul 2023
    Listed for Sale $349,000
  • 02 Aug 2022
    Listed for Sale Contact Agent
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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 5,793 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 88 properties listed for sale, and 30 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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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.