OFF MARKET

2E Banksia Street
Bemm River VIC 3889

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1036m2
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Property Details for 2e Banksia St, Bemm River

Building Type
Land
Land Size
1036m2
Local Government
East Gippsland
Lot/Plan
8~H/PP5065

Last Listing description (May 2015)

FANTASTIC BUILDING BLOCK IN BEMM RIVER
THE OWNERS SAID SELL - SO THIS PROPERTY HAS BEEN REDUCED FROM $235,000 DOWN TO $175,000. This 1267m2 building block is located in the beautiful holiday spot of Bemm River, with fantastic river and surf fishing, bush walking, kayaking, bird watching etc, plus the local hotel is within walking distance. This block has storm water, sewerage and town water connected plus power pit 6ft away from 12x6 metre wooden shed with wood flooring, a one bedroom cabin and boat shed. If you are looking for a relaxing life style build your dream home or if you want a good investment, this block could easily cater for a block of units. A great opportunity not to be missed, you must inspect.

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

A timeline of how this property has performed in the market
Last Sold
$260,000
10 Jun 2021
  • 10 Jun 2021
    Sold for $260,000
  • 02 Feb 2014
    Listed for Sale REDUCED TO $175,000
  • 23 Apr 2011
    Sold for $60,000
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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 2 properties 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.

Suburb Insights for Bemm River 3889

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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.