SOLD
Sold on 11 Apr 2024 for $180,000

8 Centreway Arcade
Bendigo VIC 3550

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 34m2
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Property Details for 8 Centreway Arc, Bendigo

Building Type
Commercial
Land Size
34m2
Local Government
Greater Bendigo
Lot/Plan
8/SP33406

Last Listing description (July 2023)

This ground floor restaurant is ready for the owner occupier to commence business immediately or for the investor to find a tenant to occupy straight away.

- Conveniently located in the heart of Bendigo
- Positioned in a busy arcade - Prime corner position

- Fully fitted out restaurant - Currently a Thai restaurant.
- Freehold property
- Sold with Vacant possession

Property History for 8 Centreway Arc, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$180,000
11 Apr 2024
Listed for Rent
$21/w
16 Sep 2016
  • 11 Apr 2024
    Sold for $180,000
  • 23 Feb 2023
    Listed for Sale $199,500
  • 02 Oct 2018
    Sold for $147,500
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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 5,127 properties. Over the last 5 years, Houses in Bendigo have seen a 42.27% increase in median value, while Units have seen a 76.26% increase. As at 31 July 2024:

  • The median value for Houses in Bendigo is $570,705 while the median value for Units is $451,332.
  • Houses have a median rent of $460 while Units have a median rent of $440.
There are currently 36 properties listed for sale, and 8 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Bendigo.

Suburb Insights for Bendigo 3550

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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.