SOLD
Sold on 27 Feb 2024 for $450,000

132 Water Street
Bendigo VIC 3550

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 143m2
Land area: 451m2
Sold By
McKean McGregor Pty Ltd
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Property Details for 132 Water St, Bendigo

132 Water St, Bendigo is a 4 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 451m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Bendigo in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
143m2
Land Size
451m2
Local Government
Greater Bendigo
Lot/Plan
257~E/PP3473A

Last Listing description (April 2024)

Framed by old English Elms, is this remarkable inner city allotment with planning permission in place for demolition of the existing dwelling and the development of a high-end two-storey residence, the new owner could easily look at building the approved mixed use plans and complete the vision.

Alternatively, the existing California Bungalow will appeal to a buyer seeking a character-filled home with a spacious footprint. Although in need of updating, the existing home has great bones and offers concrete stumps so you can focus on the cosmetic renovation. Featuring generously proportioned rooms, and original heritage features such as high ceilings, sash windows, leadlight detail, and decorative cornice - an inspection will delight.

Regardless of which direction you choose, this property offers a leafy outlook, and a premium inner-city location within walking distance to all city amenities, all you need is at your doorstep.

Excellent central locale: walking distance to CBD, Bendigo Health precinct, Lake Weeroona, Ulumbarra Theatre, the QEO and Faith Leech Aquatic Centre; adjacent the Tom Flood Centre and The Bridge Hotel.

Additional features:
- Mixed use zoning (Residential and Commercial)
- Private rear garden with established trees
- Off-street car parking
- Excellent tenant in place until 5th April 2024 paying $300 per week

This exceptional inner-city property offers so much potential, an inspection will impress.

Property History for 132 Water St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$450,000
27 Feb 2024
Listed for Rent
$300/w
23 Feb 2023
  • 27 Feb 2024
    Sold for $450,000
  • 13 Sep 2023
    Listed for Rent $300 / week
  • 16 Aug 2023
    Listed for Sale $530,000
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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 5,107 properties. Over the last 5 years, Houses in Bendigo have seen a 38.78% increase in median value, while Units have seen a 66.42% increase. As at 30 September 2024:

  • The median value for Houses in Bendigo is $550,901 while the median value for Units is $427,929.
  • Houses have a median rent of $460 while Units have a median rent of $435.
There are currently 42 properties listed for sale, and 15 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Bendigo.

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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.