OFF MARKET

37 Nelson Street
California Gully VIC 3556

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 133m2
Land area: 531m2
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Property Details for 37 Nelson St, California Gully

37 Nelson St, California Gully is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 531m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1975
Floor Size
133m2
Land Size
531m2
Local Government
Greater Bendigo
Lot/Plan
1/LP124197

Last Listing description (March 2023)

Have you been searching for an affordable first home or investment property? This timely new listing may just be your Christmas miracle!

The solid, ever-reliable brick veneer presents a great opportunity to get creative and value-add, or simply get your foot in the market. The floorplan is terrific, and features three bedrooms, two bathrooms and two living areas. The tiled rear vestibule is just waiting for your sun-loving indoor plants.
All bedrooms have built-in-robes, while two also have ceiling fans. Otherwise, there's a gas wall heater and refrigerated air conditioner in the dining area.

The original kitchen has a wall oven, pantry and breakfast bar for preparation and informal dining. As you can see from the photographs, it could do with some maintenance work, but is otherwise functional for now.
While the home is structurally great, the interior is ready for a freshen up. Choose how much to do Simply adding fresh paint, floor coverings and window furnishings would be a fun and easy way to update.
Outside, the property has a single carport, with secure gates, and a fully-fenced backyard with a garden shed. The home also has 3KW solar to help with those power bills.
Once improvements are finished investors can expect approximately $360 per week.
The address is handy to public transport, the California Gully oval, Eaglehawk Secondary College, and Long Gully IGA.
With properties within the 400k range few and far between, the asking price here will no doubt entice many to inspect.

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Property History for 37 Nelson St, California Gully, VIC 3556

A timeline of how this property has performed in the market
Last Sold
$385,000
25 Jan 2023
  • 21 Feb 2023
    Listed for Sale NEW PRICE $385,000
  • 25 Jan 2023
    Sold for $385,000
  • 06 Dec 2022
    Listed for Sale NEW PRICE $385,000
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About California Gully 3556

The size of California Gully is approximately 3.7 square kilometres. It has 7 parks covering nearly 6.1% of total area. The population of California Gully in 2011 was 4,262 people. By 2016 the population was 4,366 showing a population growth of 2.4% in the area during that time. The predominant age group in California Gully is 0-9 years. Households in California Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in California Gully work in a labourer occupation. In 2011, 65% of the homes in California Gully were owner-occupied compared with 61.3% in 2016.

California Gully has 2,294 properties. Over the last 5 years, Houses in California Gully have seen a 52.34% increase in median value, while Units have seen a 54.22% increase. As at 30 September 2024:

  • The median value for Houses in California Gully is $435,905 while the median value for Units is $361,459.
  • Houses have a median rent of $420 while Units have a median rent of $380.
There are currently 12 properties listed for sale, and 1 property listed for rent in California gully on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in California gully.

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