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Sold on 19 Nov 2024 for $510,000

71 License Road
Diggers Rest VIC 3427

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 599m2
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Property Details for 71 License Rd, Diggers Rest

71 License Rd, Diggers Rest is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a floor size of 599m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Diggers Rest in the last 12 months.

Building Type
House
Floor Size
599m2

Last Listing description (November 2024)

Here's your chance to secure an affordable, well-located property in one of Melbourne's top growth areas. Whether you're a first home buyer or an investor, this cosy renovated classic is a must-see!

Key Features:
• 3 bedrooms with great ambiance

• Modern kitchen with ample cupboard and bench space
• Heating and cooling for year-round comfort
• Established, neat gardens on a spacious approx. 599m2 block
• Carport for convenient parking

Prime location just minutes away from:
• Train station
• Retail centre
• Sporting complex
• Medical facilities
• Future Coles site
• Easy access to the freeway

This property comes with a top-class tenant in place, offering a great investment opportunity, or you can move in and enjoy it for yourself. It's also a perfect dual occupancy site (subject to council approval) with significant future growth potential.

Don't miss out-contact Dean Clements today to inspect this fantastic home!

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Property History for 71 License Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$510,000
19 Nov 2024
Listed for Rent
$390/w
07 Apr 2022
  • 19 Nov 2024
    Sold for $510,000
  • 18 Oct 2024
    Listed for Sale $515,000 - $550,000
  • 16 Mar 2022
    Listed for Rent - Price not available
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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.
There are currently 31 properties listed for sale, and 13 properties listed for rent in Diggers rest on OnTheHouse. According to CoreLogic's data, 283 properties were sold in the past 12 months in Diggers rest.

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Dean Clements
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Mia Nguyen
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Raine & Horne Diggers Rest
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