OFF MARKET

Banksia Street
Bemm River VIC 3889

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1267m2
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Property Details for Lot 1 Banksia St, Bemm River

Building Type
Land
Land Size
1267m2
Local Government
East Gippsland

Last Listing description (August 2023)

Pretty hard to find these little beauties!
1267 sq mtr flat block with water views, fully fenced.

SERVICES

Sewer point has been done
Water tapping has been done
Power pit installed ready for connection

SHED
Large 12 mtr x 6 mtr with original hardwood floor boards and sliding roller doors.
Would make a great bunkhouse/club room or holiday retreat/storage.
(Shed can be removed if potential buyer would want it removed upon negotiation).

CABIN
Partially renovated with new colourbond roof sheets and new colour bond wall sheets.
Walk to the Bemm Pub or fish from the pier
(some photos are from the town and not the actual block)

It's all here! Vendors want it SOLD!

Property History for Lot 1 Banksia St, Bemm River, VIC 3889

A timeline of how this property has performed in the market
  • 05 Feb 2018
    Listed for Sale $105,000-$119,000
  • 21 Aug 2017
    Listed for Sale $153,000

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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.