71 Drummond StreetDennington VIC 3280
Property Details for 71 Drummond St, Dennington
71 Drummond St, Dennington is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 1024m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2021)
This property will be an unbelievable buy for the right person. Very rarely does the opportunity present itself to capture land, a character filled home and a business and freehold all in one neat bundle. 71 Drummond Street possesses value for a huge range of buyers. The impressive corner site is 1,023m2 approx in size and could developed as it is residentially zoned. It's flat and ultra usable with multiple access points.
The Edwardian style home has high ceilings, fireplaces, three good sized bedrooms, a large living area bathed in sunlight and a central kitchen. The house is self contained off of the shop front and some might not even know it is there. The shop speaks for itself, if you've ever visited, you know it has a friendly nature and it busy all day long. The space is ample, updated and ready to be handed over immediately. The general store also operates as a post office which gives another string of point of difference.
The Dennington area is growing at a rapid rate and with great optimism for the future, this could be the perfect time to step in and take over this family run site and make it yours.
Property History for 71 Drummond St, Dennington, VIC 3280
- 29 Sep 2021Sold for $425,000
- 04 Nov 2020Listed for Sale Contact Agent
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0About Dennington 3280
The size of Dennington is approximately 12 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Dennington in 2011 was 1,557 people. By 2016 the population was 1,884 showing a population growth of 21.0% in the area during that time. The predominant age group in Dennington is 0-9 years. Households in Dennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dennington work in a trades occupation. In 2011, 78.3% of the homes in Dennington were owner-occupied compared with 73.4% in 2016.
Dennington has 1,033 properties. Over the last 5 years, Houses in Dennington have seen a 66.10% increase in median value, while Units have seen a 27.18% increase. As at 31 October 2024:
- The median value for Houses in Dennington is $607,082 while the median value for Units is $405,303.
- Houses have a median rent of $575 while Units have a median rent of $300.
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