SOLD
Sold on 07 Aug 2024 for $630,400

289-291 Midland Highway
Epsom VIC 3551

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1655m2
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Property Details for 289-291 Midland Hwy, Epsom

289-291 Midland Hwy, Epsom is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1655m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Epsom in the last 12 months.

Building Type
House
Land Size
1655m2
Local Government
Greater Bendigo
Lot/Plan
1/LP99812

Last Listing description (August 2024)

Looking for a rare opportunity in a high-growth precinct of Bendigo? Take a closer look at 289-291 Midland Highway in Epsom. This property boasts a large lot size of 1655m2 and an industrial 1 zoning, making it perfect for further development (STCA). The opportunities are endless, possibly incorporating a work-from-home and industrial shedding/application or a complete re-development with multiple sheds (STCA).

Currently used as a residential property, the home features four bedrooms with built-in robes, a separate granny flat/living area with its own bathroom, an entire family bathroom, a spacious lounge with gas heating, a large study/office, a meal area, and a kitchen. Outside, you'll find a double garage, a sizeable rear-covered veranda, and two separate driveway access points.

Consider making this property a work-from-home space for your mechanic, fabrication, or trade-related business, or explore complete re-development options (STCA). With its high-profile position and shortage of Industrial Zoning, this is a rare chance for a discerning buyer.

Plus, with its proximity to Epsom shopping, the caravan park, Bunnings, schools (including pre-school), and more, you'll have the option to continue residential use or explore numerous other opportunities and applications.

Take advantage of this unique opportunity to invest in a versatile property with multiple-use potential.

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Property History for 289-291 Midland Hwy, Epsom, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$630,400
07 Aug 2024
  • 19 Aug 2024
    Listed for Sale $695,000 - $745,000
  • 07 Aug 2024
    Sold for $630,400
  • 26 Jun 2021
    Listed for Sale $755,000 - $795,000
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About Epsom 3551

The size of Epsom is approximately 10.7 square kilometres. It has 14 parks covering nearly 1.2% of total area. The population of Epsom in 2011 was 2,687 people. By 2016 the population was 4,324 showing a population growth of 60.9% in the area during that time. The predominant age group in Epsom is 0-9 years. Households in Epsom are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Epsom work in a professional occupation. In 2011, 70.4% of the homes in Epsom were owner-occupied compared with 73.3% in 2016.

Epsom has 2,591 properties. Over the last 5 years, Houses in Epsom have seen a 49.88% increase in median value, while Units have seen a 36.64% increase. As at 30 November 2024:

  • The median value for Houses in Epsom is $588,118 while the median value for Units is $418,593.
  • Houses have a median rent of $490 while Units have a median rent of $425.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Epsom on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Epsom.

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