SOLD
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Sold on 03 Sep 2024 for $400,000

15A Welcome Road
Diggers Rest VIC 3427

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 257m2
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Property Details for 15a Welcome Rd, Diggers Rest

15a Welcome Rd, Diggers Rest is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 257m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Diggers Rest in the last 12 months.

Building Type
House
Land Size
257m2
Local Government
Melton
Lot/Plan
6/PS703324

Last Listing description (September 2024)

Nestled in a quiet location this cozy home stands out above the rest with a conventional designed floor plan that caters to everyone. As you step inside, you'll be captivated by the elegant layout and everything this home has to offer. This home will be sure to impress any first home buyer, downsizer or investor.

The home is situated in the heart of Diggers Rest, close to a wealth of amenities. It's just moments away from Diggers Rest train station, providing easy access to shopping, dining, and entertainment options. Quality primary and secondary schools are nearby, making it convenient for families. Public transport is readily available, ensuring smooth commutes. Local shops, childcare facilities, and numerous upcoming developments add to the vibrant community atmosphere, making this home a fantastic choice for both current living and future potential.


Features include:
• Two spacious bedrooms with built-in wardrobes & ceiling fans
• The kitchen is located perfectly to incorporate the meals and family area
• Kitchen complete with bench tops, ample cupboard space, stainless-steel appliances including gas cooktop, electric oven, rangehood & double sink
• Central bathroom
• Outdoor low maintenance gardens
• One reverse cycle split system unit, 2 garden sheds, front decking & side access
• Single car garage on remote
• The potential rental income is $21,900 per annum ($420.00 per week) with always a strong demand for this location

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DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent/agency. Garden images are artist's impression and are for illustrative purposes only.

Property History for 15a Welcome Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$400,000
03 Sep 2024
Listed for Rent
07 Jun 2023
  • 03 Sep 2024
    Sold for $400,000
  • 08 Aug 2024
    Listed for Sale SOLD $400,000
  • 26 May 2023
    Listed for Rent $360 / week
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About Diggers Rest 3427

The size of Diggers Rest is approximately 69.9 square kilometres. It has 8 parks covering nearly 1% of total area. The population of Diggers Rest in 2011 was 2,275 people. By 2016 the population was 2,746 showing a population growth of 20.7% in the area during that time. The predominant age group in Diggers Rest is 20-29 years. Households in Diggers Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Diggers Rest work in a clerical occupation. In 2011, 79.6% of the homes in Diggers Rest were owner-occupied compared with 79.2% in 2016.

Diggers Rest has 4,600 properties. Over the last 5 years, Houses in Diggers Rest have seen a 27.05% increase in median value, while Units have seen a 24.24% increase. As at 31 August 2024:

  • The median value for Houses in Diggers Rest is $657,617 while the median value for Units is $503,614.
  • Houses have a median rent of $510 while Units have a median rent of $455.
There are currently 34 properties listed for sale, and 9 properties listed for rent in Diggers rest on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Diggers rest.

Suburb Insights for Diggers Rest 3427

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Stephen Azzopardi
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Disclaimer
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.