SOLD
Sold on 28 Feb 2024 for $725,000

21 Mcdowalls Road
East Bendigo VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 389m2
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Property Details for 21 Mcdowalls Rd, East Bendigo

Building Type
Commercial
Land Size
389m2
Local Government
Greater Bendigo
Lot/Plan
1/PS824199

Last Listing description (August 2022)

*UNDER OFFER*

Immaculately presented, this property provide a prime opportunity for a wide variety of businesses to secure warehouse space in a rapidly developing area of Bendigo.

Key features include:

- 250m2* concrete tilt slab warehouse

- Very neatly presented office space with heating and cooling

- Concrete floors

- Disabled toilet facilities

- Lockable yard with access off McDowalls Road

- Industrial 1 Zoning

*All measurements approximate

Property History for 21 Mcdowalls Rd, East Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$725,000
28 Feb 2024
Listed for Rent
$575/w
03 Aug 2022
  • 28 Feb 2024
    Sold for $725,000
  • 12 Jul 2022
    Listed for Rent $30,000 / year
  • 05 Mar 2019
    Sold for $400,000

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About East Bendigo 3550

The size of East Bendigo is approximately 11.2 square kilometres. It has 2 parks covering nearly 4.9% of total area. The population of East Bendigo in 2011 was 2,153 people. By 2016 the population was 2,100 showing a population decline of 2.5% in the area during that time. The predominant age group in East Bendigo is 20-29 years. Households in East Bendigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Bendigo work in a professional occupation. In 2011, 64.1% of the homes in East Bendigo were owner-occupied compared with 61.2% in 2016.

East Bendigo has 2,112 properties. Over the last 5 years, Houses in East Bendigo have seen a 49.11% increase in median value, while Units have seen a 50.28% increase. As at 30 September 2024:

  • The median value for Houses in East Bendigo is $511,406 while the median value for Units is $388,065.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 9 properties listed for sale, and 1 property listed for rent in East bendigo on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in East bendigo.

Suburb Insights for East Bendigo 3550

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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.