OFF MARKET

38 Brown Street
California Gully VIC 3556

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Floor area: 59m2
Land area: 1544m2
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Last updated 30 Sep 2024
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Property Details for 38 Brown St, California Gully

38 Brown St, California Gully is a 1 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 1544m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1980
Floor Size
59m2
Land Size
1544m2
Local Government
Greater Bendigo
Lot/Plan
310A~M/PP3473B

Last Listing description (July 2023)

Plan for your future by managing your super fund or adding this property to your investment portfolio. A proven performer, the property consists of four masonry brick units on one title with a combined potential weekly rental income of $850. (Rental return of approximately $44,200 per annum)

In sound condition, all units feature a single bedroom with a built-in robe and ensuite bathroom, open living/dining & kitchen, a separate laundry, and a single carport.

Unit four has recently been extensively renovated and boasts a fresh monochrome interior with new carpets and window blinds. The sparkling new galley-style kitchen has loads of storage, a new electric cooktop and under-bench oven and plenty of marble-look benches. The co-ordinated bathroom has a swish new vanity with the same marble-look top.

All units are leased and show the following returns Unit 1 - 3- $190pw and Unit 4 - $280pw.

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Property History for 38 Brown St, California Gully, VIC 3556

A timeline of how this property has performed in the market
Last Sold
$720,000
03 Aug 2023
  • 03 Aug 2023
    Sold for $720,000
  • 21 Apr 2023
    Listed for Sale $735,000
  • 13 Jan 2021
    Sold for $556,000
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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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