OFF MARKET

23 Bell Street
Borung VIC 3518

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 127m2
Land area: 981m2
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Last updated 16 Dec 2024
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Property Details for 23 Bell St, Borung

23 Bell St, Borung is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 981m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1960
Floor Size
127m2
Land Size
981m2
Local Government
Loddon
Lot/Plan
12/PP5103

Last Listing description (October 2022)

* Large easily maintained block of almost 1/4 acre.
* Three bedrooms, separate kitchen and living room.
* Very good rental property for an investor demand currently exists.

* Estimated rental return of approximately 8% is expected.
* School bus stops near by large shed with concrete floor and power.

This weatherboard house is in reasonable condition and with crown land on both sides, provides a private location that is the ideal home for someone looking for something cheap but very liveable. The house had been neglected for years however a good clean up prior to listing demonstrates the potential for this property.

The shed is in very good condition and with some elbow grease and rural fencing, someone is going to end up with a nice property that is super affordable.

Borung is a small rural town of approximately 80 people. Nearby towns include Boort only 20 minutes away with Lake Boort, fuel, shops, P-12 school, supermarket, hotels and Wedderburn also only 20 minutes away with similar amenities to Boort.

Bendigo is the closest Regional City and is approximately 1hr 10mins away.

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Property History for 23 Bell St, Borung, VIC 3518

A timeline of how this property has performed in the market
Last Sold
$125,000
02 Nov 2020
  • 02 Nov 2020
    Sold for $125,000
  • 21 Jan 2020
    Listed for Sale $125,000
  • 11 Oct 2004
    Sold for $48,000

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About Borung 3518

The size of Borung is approximately 118 square kilometres. It has 3 parks covering nearly 1.1% of total area. The population of Borung in 2011 was 143 people. By 2016 the population was 73 showing a population decline of 49.0% in the area during that time. The predominant age group in Borung is 50-59 years. Households in Borung are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Borung work in a managers occupation. In 2011, 94.5% of the homes in Borung were owner-occupied compared with 92.8% in 2016..

Borung has 67 properties. As at 30 November 2024:

  • The median value for Houses in Borung is $304,743.
There are currently 2 properties listed for sale, and no properties listed for rent in Borung on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Borung.

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