OFF MARKET

2B Banksia Street
Bemm River VIC 3889

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 583m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low
High
Share
Save

Property Details for 2b Banksia St, Bemm River

2b Banksia St, Bemm River is a 3 bedroom, 1 bathroom House. The property has a land size of 583m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Floor Size
86m2
Land Size
583m2
Local Government
East Gippsland
Lot/Plan
1/PS724740

Last Listing description (August 2017)

With beautiful views of the Sydenham Inlet, this neat, tidy and well looked after property is the Bemm River retreat you are looking for. Sold fully furnished, the three bedroom cottage presents a perfect opportunity for a holiday home, investment or permanent living. Including extra sleep out, room for cars, boats and only a short walk to lake, boat ramp and the Bemm River Hotel. Currently used as holiday residence ($160 per day). 'The Cottage' 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 'Lake House'. Ongoing holiday management is available by negotiation with the neighbour.

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

A timeline of how this property has performed in the market
Last Sold
$202,500
31 Jul 2017
  • 31 Jul 2017
    Sold for $202,500
  • 09 Dec 2016
    Listed for Sale $225,000
  • 28 May 2015
    Sold for $165,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

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 44.80% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bemm River is $356,913 while the median value for Units is $382,837.
There are currently 1 property listed for sale, and no properties listed for rent in Bemm river on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Bemm river.

Bemm River Profile Page

Suburb Insights for Bemm River 3889

Visit Bemm River profile page
Market Insights
Bemm River 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
Bemm River 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
Visit Bemm River profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED