OFF MARKET

4/2-4 Queen Street
Bendigo VIC 3550

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 30 Sep 2024
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Property Details for 4/2-4 Queen St, Bendigo

4/2-4 Queen St, Bendigo is a 1 bedroom, 1 bathroom House.

Building Type
House
Local Government
Greater Bendigo

Last Listing description (July 2024)

This North facing apartment is ideally suited to the avid entertainer with open plan living and dining. Large glass walls allow access to the picturesque views of the Town Hall and surrounding greenery. Every aspect to enhance the heritage nature of this building has been kept with stunning exposed brick featuring throughout.

The property is being sold fully furnished with everything you see in the photos. Previously returning $700pw on average as an Airbnb before becoming a fully furnished long term rental at $550pw, the return on investment is proven.

Offering the latest in inner city living this apartment is one of a kind and not to be missed.

Other features include:
- Secure living with an intercom system and foyer on Ground Floor
- Elevator and staircase
- High end modern appliances
- Built in robes
- Study alcove

Built in 1878, W.Webb & Co were at the forefront of the flour industry producing 2500 sacks of flour per day. Positioned in the centre of town this spectacular building is 'ingrained' in Bendigo's history.

Property History for 4/2-4 Queen St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Listed for Rent
02 Aug 2022
  • 30 Apr 2024
    Listed for Rent $550 / week
  • 10 Oct 2023
    Listed for Sale Not Disclosed
  • 28 Feb 2023
    Listed for Sale $450,000 - $495,000
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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 5,123 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.
There are currently 36 properties listed for sale, and 12 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 159 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.