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Sold on 02 Sep 2024 for $750,000

5 Park Street
Bridgewater On Loddon VIC 3516

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1791m2
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Property Details for 5 Park St, Bridgewater On Loddon

5 Park St, Bridgewater On Loddon is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1791m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Bridgewater On Loddon in the last 12 months.

Building Type
House
Land Size
1791m2
Local Government
Loddon
Lot/Plan
1~18/PP5109

Last Listing description (September 2024)

Positioned in the heart of Bridgewater between the beautiful caravan park and the bridge is this historic family home on a whopping 1791m2 with in excess of 51m frontage to Park Street and 22m frontage to the river reserve.

This is possibly the last opportunity to purchase a large land parcel with genuine scope to sub-divide, extend or build your dream home in this location. The house sits up high near Park Street and there’s a lovely slope down towards the river reserve, the river and its iconic established gums and lush green grass, night lights and sealed path.

The home

The home is an iconic Australian Cottage boasting lots of original features like timber sash windows, picture rails and timber floors (under the carpet). It is comprised of three bedrooms, one is updated and in good order off the front passage entrance, the second and third is to the rear of the home and are unrenovated.

The front entry is to the updated lounge – there’s a wood heater and mantel, large reverse-cycle split-system, the kitchen-meals space fits a small family table, the kitchen boasts a electric upright cooker, single sink and ample cabinetry. To the back of the kitchen is the covered rear veranda/entertaining area with is a conduit to the third bedroom and the bathroom/laundry. This area was extended and is in good order. There’s a separate shower room and separate toilet, vanity with good storage and a separate laundry space.
The home has new guttering, new weatherboards out front, a re-built chimney and a very tidy façade.
Outside are sundry sheds including a double carport or machinery shed, single carport and sundry shedding.

The potential
There’s real scope to extend the existing home and utilise all of the space; you could divide two really nice allotments with river reserve frontage or build your dream home adjacent to the original home and on-sell - all STCA.
This is the last large land parcel in the Park Street that has this scope - once it is gone the opportunity wont arise again in its current form.

Property History for 5 Park St, Bridgewater On Loddon, VIC 3516

A timeline of how this property has performed in the market
Last Sold
$750,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $750,000
  • 31 Jul 2024
    Listed for Sale $760,000 - $790,000
  • 17 Apr 2024
    Listed for Sale Not Disclosed
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About Bridgewater On Loddon 3516

The size of Bridgewater On Loddon is approximately 2.3 square kilometres. It has 1 park covering nearly 6.9% of total area. The population of Bridgewater On Loddon in 2011 was 364 people. By 2016 the population was 329 showing a population decline of 9.6% in the area during that time. The predominant age group in Bridgewater On Loddon is 60-69 years. Households in Bridgewater On Loddon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bridgewater On Loddon work in a managers occupation. In 2011, 77% of the homes in Bridgewater On Loddon were owner-occupied compared with 76.6% in 2016.

Bridgewater On Loddon has 267 properties. Over the last 5 years, Houses in Bridgewater On Loddon have seen a 114.34% increase in median value, while Units have seen a -68.30% decrease. As at 31 October 2024:

  • The median value for Houses in Bridgewater On Loddon is $416,563 while the median value for Units is $363,957.
There are currently 2 properties listed for sale, and no properties listed for rent in Bridgewater on loddon on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Bridgewater on loddon.

Suburb Insights for Bridgewater On Loddon 3516

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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.