OFF MARKET

12 Margaret Crescent
Flora Hill VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 740m2
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Last updated 30 Sep 2024
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Property Details for 12 Margaret Cres, Flora Hill

12 Margaret Cres, Flora Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 740m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1955
Floor Size
123m2
Land Size
740m2
Local Government
Greater Bendigo
Lot/Plan
15/LP23252

Last Listing description (September 2022)

Bring your foresight and imagination to a viewing of this Flora Hill home. Packed with potential, it offers the chance to roll up your sleeves, get creative and engineer a bright future, whether you're looking for a fantastic new lifestyle or investment.
Margaret Crescent is a beautiful little slice of Bendigo, between Carpenter and Sommerville Streets, and less than 2km from the Bendigo Marketplace. Number 12 has plenty of street appeal, thanks to its classic clinker bricks and leafy garden.

Past the facade, there is much work to be done in polishing the original features and finishing off the vendors' vision. (Any young couples looking to flip a home? Here it is!)

There are three bedrooms; the main retains its hardwood floor, as does the spacious front loungeroom. Decorative cornice and original timber-framed windows are likewise all worth keeping.

The central bathroom has been upgraded with floor-to-ceiling tiles, a freestanding bath and frameless shower.
The all-timber kitchen also needs some elbow grease, but with a pantry cupboard, dishwasher, pot drawers and stainless-steel stove, it has all the ingredients to get you cooking. The rear dining or living room is incomplete, but with its views to the garden through banks of French doors, it's a great space to retain and finish.

Outside is a magnificent elm tree which may just seal the deal on your decision. Its sprawling branches create a cool and inviting space to retreat to at the end of a day's renovating.
Backyard storage, solar panels and ducted cooling are three features already established for you. Otherwise, the future of this home is yours to choose. Show it your love and attention and it will no doubt repay you financially, emotionally and creatively.

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Property History for 12 Margaret Cres, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$395,000
31 Mar 2022
Listed for Rent
$180/w
12 Nov 2005
  • 31 Mar 2022
    Sold for $395,000
  • 17 Mar 2022
    Listed for Sale $370,000 - $395,000
  • 23 Nov 2021
    Listed for Sale $370,000 - $395,000
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About Flora Hill 3550

The size of Flora Hill is approximately 2.9 square kilometres. It has 7 parks covering nearly 17.4% of total area. The population of Flora Hill in 2011 was 3,865 people. By 2016 the population was 3,948 showing a population growth of 2.1% in the area during that time. The predominant age group in Flora Hill is 20-29 years. Households in Flora Hill are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Flora Hill work in a professional occupation. In 2011, 50.7% of the homes in Flora Hill were owner-occupied compared with 44.1% in 2016.

Flora Hill has 2,204 properties. Over the last 5 years, Houses in Flora Hill have seen a 49.78% increase in median value, while Units have seen a 39.38% increase. As at 30 September 2024:

  • The median value for Houses in Flora Hill is $560,532 while the median value for Units is $367,739.
  • Houses have a median rent of $440 while Units have a median rent of $400.
There are currently 20 properties listed for sale, and 4 properties listed for rent in Flora hill on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Flora hill.

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