OFF MARKET

5 Spiny Way
Epsom VIC 3551

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 301m2
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Property Details for 5 Spiny Way, Epsom

5 Spiny Way, Epsom is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 301m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
2020
Floor Size
115m2
Land Size
301m2
Local Government
Greater Bendigo
Lot/Plan
2/PS817050

Last Listing description (October 2024)

Perfect for investors seeking a lucrative opportunity without sacrificing on quality, this meticulously maintained property offers an enticing blend of modern comfort and convenient location. Boasting a reliable tenant until March 2025, yielding a solid weekly return of $480, this is an investment opportunity not to be missed.

PRIME INVESTMENT OPPORTUNITY:
This property presents an ideal investment opportunity, with a secure tenant in place generating a substantial weekly income until 2025, providing peace of mind for discerning investors looking for stable returns.

STYLISH SINGLE-LEVEL LIVING:
Discover the epitome of modern living with this stylishly appointed single-level residence. From the inviting open-plan living/dining area to the sophisticated gourmet kitchen, every aspect of this home exudes contemporary elegance and functionality.

CONVENIENT LOCATION:
Conveniently situated on an easy-to-maintain allotment of approximately 301sqm, this property offers the perfect balance of tranquility and accessibility. Just moments away from the heart of the village and its array of amenities, residents can enjoy the best of both worlds - peaceful suburban living with urban conveniences at their doorstep.

COMFORT AND CONVENIENCE:
Experience year-round comfort with ducted heating and cooling, complemented by split system heating/cooling and ceiling fans throughout the home. With a double garage providing indoor access and a secure backyard perfect for relaxation and entertaining, every aspect of this property is designed for maximum comfort and convenience.

PROXIMITY TO AMENITIES:
Situated just around 15 minutes from Bendigo's bustling city center and a mere three minutes from Epsom's shopping attractions and station, this property offers unparalleled convenience. Families will appreciate its proximity to Epsom Primary School, ensuring that education is always within easy reach.

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Property History for 5 Spiny Way, Epsom, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$515,000
28 Oct 2022
Listed for Rent
$480/w
26 Feb 2024
  • 16 Jul 2024
    Listed for Sale $500,000 - $550,000
  • 21 Feb 2024
    Listed for Rent $480 / week
  • 23 Nov 2023
    Listed for Sale $500,000 - $550,000
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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 2,589 properties. Over the last 5 years, Houses in Epsom have seen a 50.12% increase in median value, while Units have seen a 50.73% increase. As at 31 October 2024:

  • The median value for Houses in Epsom is $590,043 while the median value for Units is $410,680.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 16 properties listed for sale, and 3 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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