34 Uley StreetBendigo VIC 3550
Property Details for 34 Uley St, Bendigo
Last Listing description (November 2024)
Nestled in the heart of Bendigo, an exciting opportunity presents itself at 34 Uley Street. This vacant block of land, spanning 531 square meters, offers a canvas for innovative development in a prime location. The property has a 22-meter frontage making it an ideal investment opportunity. With its proximity to essential amenities and vibrant city attractions, this property holds immense potential for various investment possibilities.
Situated just a short walk away from Bendigo Health, Lake Weerona, and the bustling Bendigo CBD, 34 Uley Street enjoys a strategic and highly sought-after location. The property's close proximity to these key destinations ensures easy access to medical facilities, recreational areas, and the vibrant pulse of the city. This prime location is sure to attract the attention of professionals, families, and investors alike.
The vacant land at 34 Uley Street offers a range of exciting development opportunities that can cater to diverse needs and preferences:
Given its close proximity to Bendigo Health, the property presents an ideal setting for a purpose-built medical practice (STCA). Its location allows medical professionals to establish a convenient and accessible healthcare facility, meeting the needs of the growing community.
The land's generous size and prime location make it an excellent prospect for townhouse development (STCA). The creation of a couple of townhouses could cater to the demand for modern and comfortable urban living.
The allure of 34 Uley Street lies not only in its prime location but also in the investment potential it holds. With the demand for quality medical facilities, contemporary housing, and convenience-driven spaces on the rise, this vacant block of land offers the chance to capitalize on these trends.
The vacant land at 34 Uley Street, Bendigo, presents an exciting opportunity for investors, developers, and entrepreneurs to create a valuable addition to the urban landscape. Its strategic location, within walking distance to Bendigo Health, Lake Weerona, and the CBD, sets the stage for a variety of development possibilities, from a purpose-built medical practice to townhouses or a mixed-use complex. This property's potential for both financial success and community enhancement makes it a compelling prospect in the vibrant city of Bendigo. Don't miss your chance to shape the future of this prime piece of real estate.
Property History for 34 Uley St, Bendigo, VIC 3550
- 30 Sep 2024Sold for $380,000
- 19 Aug 2024Listed for Sale $400,000 - $440,000
- 15 Aug 2023Listed for Sale $450,000 - $495,000
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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 5,119 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.
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