3 Essence StreetDiggers Rest VIC 3427
Property Details for 3 Essence St, Diggers Rest
3 Essence St, Diggers Rest is a 0 bedroom, 0 bathroom House. The property has a land size of 392m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (January 2024)
This opportunity in Diggers Rest offers an ideal combination of location, convenience, and investment potential, making it a great choice for your future home or investment property.
Situated in the budding Bloomdale Estate, this block of 392m2 (approx.) is titled & hosts no easements, broadening your range of building & landscaping opportunities. Sitting directly opposite a park and playground, family gatherings & leisurely activities are made easy. This enviable location offers convenient access to transportation options, including a nearby train station and Calder freeway, ensuring easy connectivity to Melbourne and other surrounding areas. The local primary school sits under 2km away, while a short 800m walk takes you to the nearby convenience hub; hosting Foodworks, barber shop, cafe & restaurants.
The real estate market in Diggers Rest has shown consistent growth over the years, making this property an excellent investment opportunity. As the area continues to develop and gain popularity, the value of your investment is likely to appreciate.
Property History for 3 Essence St, Diggers Rest, VIC 3427
- 25 Oct 2023Sold for $340,000
- 15 Sep 2023Listed for Sale $340,000
- 18 Jun 2022Sold for $378,000
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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 4,602 properties. Over the last 5 years, Houses in Diggers Rest have seen a 20.65% increase in median value, while Units have seen a 22.44% increase. As at 30 November 2024:
- The median value for Houses in Diggers Rest is $649,568 while the median value for Units is $542,606.
- Houses have a median rent of $520 while Units have a median rent of $455.
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