OFF MARKET

2A Banksia Street
Bemm River VIC 3889

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 901m2
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Last updated 11 Nov 2024
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Property Details for 2a Banksia St, Bemm River

2a Banksia St, Bemm River is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 901m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
House
Year Built
1960
Floor Size
92m2
Land Size
901m2
Local Government
East Gippsland
Lot/Plan
2/PS724740

Last Listing description (February 2016)

Boasting uninterrupted views of the Sydenham Inlet, The Lakehouse could easily be described as one of the most tastefully renovated dwellings in the sleepy town of Bemm River. This home features three well-appointed bedrooms the master with an ensuite, walk in robe and mesmerising views of the water. The spacious open plan living area features a full sized kitchen with quality stainless steel appliances, as well as a dining area and lounge room with access to the wide front deck. The home is kept temperate all year round with PVC double glazed windows, a reverse cycle air conditioner and wood heater. Currently used as holiday residence ($200 per day). 'The Lake House' is listed on a popular online booking system and it shares registered domains bemmriverholidayhouses.com.au and be mmriveraccommodation.com.auand a promotional website with the neighbouring 'Cottage'. Ongoing holiday management is available by negotiation with the neighbour.
E S T I M AT E D P R I C E
$260,000 $290,000

*Vendor reserves the right to sell prior to auction

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Property History for 2a Banksia St, Bemm River, VIC 3889

A timeline of how this property has performed in the market
Last Sold
$275,000
23 Mar 2016
  • 23 Mar 2016
    Sold for $275,000
  • 21 Jan 2016
    Listed for Sale Auction

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About Bemm River 3889

The size of Bemm River is approximately 271.9 square kilometres. It has 4 parks covering nearly 97.1% of total area. The population of Bemm River in 2011 was 288 people. By 2016 the population was 58 showing a population decline of 79.9% in the area during that time. The predominant age group in Bemm River is 70-79 years. Households in Bemm River are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Bemm River work in a trades occupation. In 2011, 82.3% of the homes in Bemm River were owner-occupied compared with 60% in 2016..

Bemm River has 146 properties. Over the last 5 years, Houses in Bemm River have seen a 45.78% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bemm River is $353,198 while the median value for Units is $308,141.
There are currently 1 property listed for sale, and no properties listed for rent in Bemm river on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Bemm river.

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