2 Cornish StreetBendigo VIC 3550
Property Details for 2 Cornish St, Bendigo
2 Cornish St, Bendigo is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 540m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Bendigo in the last 12 months.
Last Listing description (June 2024)
Seize the opportunity to invest in this solid cream brick house, ideally situated just minutes from Bendigo CBD. This property offers a blend of immediate rental income and immense potential for future renovation.
Property Features:
• 3 Bedrooms providing ample living space for a family or tenants.
• Generous Allotment allowing plenty of room for potential extensions or outdoor activities.
• Good Size, Neat and Tidy Yard complete with a garden shed, ideal for storage or gardening enthusiasts.
• Side Access to Undercover Carport providing convenient and secure parking.
Investment Highlights:
• Current Tenant in Place: Secure immediate returns with a tenant currently paying $300 per week, ensuring a steady income stream.
• Great Bones: While the house needs some love, its solid structure offers a fantastic foundation for your renovation dreams.
Location Benefits:
• Minutes Away from Bendigo CBD: Enjoy the convenience of being close to shopping, dining, and entertainment options.
• Renovation Potential: The house presents a cracking opportunity for renovation, allowing you to transform it into a beautiful family home or a high-yield rental.
Whether you're looking to keep this property as a profitable investment or embark on a renovation project in a prime location, 2 Cornish Street, Bendigo is the perfect choice.
Don't miss out on this fantastic opportunity-contact us today to arrange a viewing and explore all the possibilities this property has to offer.
Property History for 2 Cornish St, Bendigo, VIC 3550
- 05 Jun 2024Sold for $365,000
- 27 May 2024Listed for Sale $350,000 - $380,000
- 04 Dec 2020Sold for $303,000
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0About 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 5,123 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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