124 King StreetBendigo VIC 3550
Property Details for 124 King St, Bendigo
Last Listing description (February 2024)
Located on the edge of the CBD at 124 King Street, this vacant, level block offers a blank canvas of inner-city opportunity (STCA). It occupies an area of approx 247 square meters with a frontage to King Street of 10.29 metres and a depth of 24.12 metres.
With all essential services available and zoned Commercial 1, this land presents an ideal space for developing office/business premises, a new townhouse or investment property.
The perfect location is a short walk to all Bendigo CBD amenities and attractions. This property certainly ticks all the boxes - capitalising on the significant growth and increasing development within inner Bendigo, such as the new GovHub and Law courts and planned multi-storey residential apartments.
If position is important to you - then look no further!
Property History for 124 King St, Bendigo, VIC 3550
- 23 Feb 2024Sold for $315,000
- 30 Jun 2022Listed for Sale $380,000 - $405,000
- 13 Mar 2019Listed for Sale $265,000 -$285,000
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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 5,124 properties. Over the last 5 years, Houses in Bendigo have seen a 41.15% increase in median value, while Units have seen a 71.46% increase. As at 31 August 2024:
- The median value for Houses in Bendigo is $569,863 while the median value for Units is $452,846.
- Houses have a median rent of $460 while Units have a median rent of $430.
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