OFF MARKET

2/3 Bailes Street
Bendigo VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 296m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 2/3 Bailes St, Bendigo

2/3 Bailes St, Bendigo is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 296m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
296m2
Local Government
Greater Bendigo
Lot/Plan
2/PS332037

Last Listing description (November 2022)

Ideally positioned between the hospital and the city, this two-bedroom unit is ideal for the busy owner-occupier or a set-and-forget investment opportunity.

The compact but comfy residence has a spacious lounge/dining separated from the kitchen by an island breakfast bar. The modest kitchen is functional with new vinyl flooring and an electric cooker, but some new cabinetry would top it off.

New carpet graces the lounge and bedrooms. Both bedrooms have built-ins and enjoy easy access to the three-piece bathroom. Like the kitchen, it's functional but could be improved by a simple makeover.

One of four units on the level lot each has a carport and a simple backyard.
The key to its success lies in the city-edge position.

The quiet backstreet is within a five-minute walk to the hospital precinct, Lake Weeroona, the Bendigo Creek Trail walking/cycling path and 1200 mts to the CBD close enough to leave the car at home and walk to work.

Add value to this already invaluable address by sprucing up the kitchen and bathroom.

Property History for 2/3 Bailes St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Jun 2022
Listed for Rent
$240/w
14 Jan 2019
  • 21 Jun 2022
    Sold for $390,000
  • 08 Jun 2022
    Listed for Sale $350,000 - $385,000
  • 06 Nov 2018
    Listed for Rent $240 / week
Sign in to see more transactions

Commute Calculator

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 5,119 properties. Over the last 5 years, Houses in Bendigo have seen a 38.62% increase in median value, while Units have seen a 62.26% increase. As at 31 October 2024:

  • The median value for Houses in Bendigo is $553,490 while the median value for Units is $425,996.
  • Houses have a median rent of $470 while Units have a median rent of $440.
There are currently 47 properties listed for sale, and 15 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Bendigo.

Suburb Insights for Bendigo 3550

Market Insights
Bendigo Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bendigo Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.