OFF MARKET

299-301 Barnard Street
Bendigo VIC 3550

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 550m2
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Last updated 4 Nov 2024
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Property Details for 299-301 Barnard St, Bendigo

299-301 Barnard St, Bendigo is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 550m2.

Building Type
House
Land Size
550m2
Local Government
Greater Bendigo

Last Listing description (July 2018)

One title, two dwellings located within walking distance to the Arts precinct, View St shopping and Bendigo C.B.D. This unique city offering includes 2 x 2 bedroom residences, tried and tested as long term rentals with the current expected combined rent $520pw or higher as furnished or serviced accommodation.
Both city townhouses include:
2 bedrooms, separate lounge, updated kitchens and bathrooms, polished timber floors, private back yards, off street parking for 2 vehicles.

Available with vacant possession or existing long term tenant in 301, maximise your return capitalising on short term furnished accomodation or the lucrative air b&b market, or live in one and rent out the other.
A diverse investment opportunity on the city fringe.

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Property History for 299-301 Barnard St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
  • 20 Apr 2018
    Listed for Sale $450,000

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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 5,106 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 44 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.

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