OFF MARKET

7 Lake Street
Edenhope VIC 3318

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 2035m2
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Last updated 11 Nov 2024
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Property Details for 7 Lake St, Edenhope

7 Lake St, Edenhope is a 3 bedroom, 1 bathroom House. The property has a land size of 2035m2.

Building Type
House
Land Size
2035m2
Local Government
West Wimmera

Last Listing description (September 2022)

This is a true "Renovate or Detonate" prospect on one of Edenhope's best residential streets. Offering the opportunity to own 7 Lake Street, Edenhope.

Set on a large block of approximately 1,200m2, this three bedroom timber framed home has a significant amount of work to do, but has the potential to become a sound family home or investment.

Or, if renovations aren't your thing, demolish and build a new home or set of units (STSA) to maximise the excellent location. Just a short scenic walk away from Lake Wallace and only minutes from the main street, it's ideally situated near the town centre, but away from the busy main street.

The home has three bedrooms, the main bedroom a very large 4.5m x 4.2m. There is also an option to use a room as a fourth bedroom or office. A good sized lounge (floor needs attention), spacious kitchen, bathroom and separate toilet, as well as a laundry built on to the back of the home.

The very large back yard is virtually a blank canvas ready for a new owner with a creative eye for development.

For an inspection of this potentially exciting opportunity, contact Lee on 0427 620 864.

Property History for 7 Lake St, Edenhope, VIC 3318

A timeline of how this property has performed in the market
  • 05 Aug 2022
    Listed for Sale $115,000

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About Edenhope 3318

The size of Edenhope is approximately 498.7 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Edenhope in 2011 was 976 people. By 2016 the population was 943 showing a population decline of 3.4% in the area during that time. The predominant age group in Edenhope is 60-69 years. Households in Edenhope are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Edenhope work in a managers occupation. In 2011, 71% of the homes in Edenhope were owner-occupied compared with 74.7% in 2016.

Edenhope has 832 properties. Over the last 5 years, Houses in Edenhope have seen a 115.31% increase in median value, while Units have seen a 117.19% increase. As at 31 October 2024:

  • The median value for Houses in Edenhope is $249,877 while the median value for Units is $418,609.
  • Houses have a median rent of $273.
There are currently 5 properties listed for sale, and 1 property listed for rent in Edenhope on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Edenhope.

Suburb Insights for Edenhope 3318

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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.