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Sold on 26 Aug 2024 for $345,000

1/161 Arnold Street
Bendigo VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 102m2
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Sold By
McKean McGregor Pty Ltd
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Property Details for 1/161 Arnold St, Bendigo

1/161 Arnold St, Bendigo is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 102m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Bendigo in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
52m2
Land Size
102m2
Local Government
Greater Bendigo
Lot/Plan
6/RP16858

Last Listing description (October 2024)

Welcome to this charming, fully renovated two bedroom unit located in one of Bendigo's premium areas. Perfectly positioned near Bendigo Hospital, the vibrant Bendigo CBD, the serene Lake Weeroona and a host of amenities, this property promises a lifestyle of convenience and comfort.

The modern kitchen is a highlight, equipped with oven, 4 burner gas cooktop, rangehood and plenty of bench space. The open plan living area is designed for comfort and style, featuring double blinds and ceiling fan, creating an inviting space for entertaining or unwinding.

Year-round comfort is assured with the efficient split system heating and cooling. The renovated bathroom boasts a double shower and elegant black tapware, offering a touch of luxury and modern sophistication. A functional laundry area provides direct access to a small courtyard or side yard, perfect for a peaceful corner for relaxation.

Conveniently, there is one car space at the rear of the property - a valuable asset in this central location. This property is suitable for a wide range of purchasers including investors, first home buyers, downsizers or owner-occupiers. It represents an affordable and attractive entry into the Bendigo property market without compromising on quality or location.

This unit is an excellent opportunity to invest in a comfortable and convenient lifestyle. With its prime location, modern amenities and versatile appeal, it is an ideal choice for anyone looking to make Bendigo their home.

Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.

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Property History for 1/161 Arnold St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$345,000
26 Aug 2024
Listed for Rent
$215/w
07 Jul 2012
  • 04 Sep 2024
    Sold for $345,000
  • 17 Jul 2024
    Listed for Sale $350,000 - $370,000
  • 20 Jun 2012
    Listed for Rent $215 / week
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About Bendigo 3550

The size of Bendigo is approximately 5.5 square kilometres. It has 8 parks covering nearly 8.8% of total area. The population of Bendigo in 2011 was 5,774 people. By 2016 the population was 5,534 showing a population decline of 4.2% in the area during that time. The predominant age group in Bendigo is 20-29 years. Households in Bendigo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bendigo work in a professional occupation. In 2011, 54% of the homes in Bendigo were owner-occupied compared with 53.7% in 2016.

Bendigo has 5,144 properties. Over the last 5 years, Houses in Bendigo have seen a 43.36% increase in median value, while Units have seen a 71.39% increase. As at 30 November 2024:

  • The median value for Houses in Bendigo is $560,043 while the median value for Units is $441,224.
  • Houses have a median rent of $470 while Units have a median rent of $443.
There are currently 47 properties listed for sale, and 13 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Bendigo.

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