71 Powells AvenueEast Bendigo VIC 3550
Property Details for 71 Powells Ave, East Bendigo
71 Powells Ave, East Bendigo is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 703m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (September 2022)
Here is an ultra-rare opportunity to purchase two neighbouring properties and secure yourself a substantial 1415sqm (approximately) of Industrial 3 zoned land which is perfectly located on the fringe of East Bendigo's industrial precinct.
With each allotment of around 700sqm comes a tired home in need of some major renovations, but the land and its potential is the real value here. With zoning such as this there are endless opportunities for mixed usage and small business - think small-scale manufacturing, hospitality and office space, and once the primary industry has been established, there is also scope for complementary infrastructure including warehousing or office space (all STCA).
With residential development permissible with some restrictions, this hard-to-find proposition boasts a location close to transport and amenities and under 5km from the centre of Bendigo.
Property History for 71 Powells Ave, East Bendigo, VIC 3550
- 30 Jun 2022Sold for $430,000
- 26 Apr 2022Listed for Sale $900,000
- 13 Feb 2017Listed for Rent $280 / week
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0About 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 2,116 properties. Over the last 5 years, Houses in East Bendigo have seen a 47.85% increase in median value, while Units have seen a 48.50% increase. As at 31 July 2024:
- The median value for Houses in East Bendigo is $517,963 while the median value for Units is $389,820.
- Houses have a median rent of $430 while Units have a median rent of $400.
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