OFF MARKET

16 Race Street
Flora Hill VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 540m2
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Last updated 11 Nov 2024
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Property Details for 16 Race St, Flora Hill

16 Race St, Flora Hill is a 0 bedroom, 0 bathroom House. The property has a land size of 540m2.

Building Type
House
Land Size
540m2
Local Government
Greater Bendigo
Lot/Plan
3/PS910344

Last Listing description (July 2024)

Extremely rare opportunity to purchase this great investment. These wonderful four subdivision allotments with pending titles can be sold as a package or separately ideal for building your dream home or putting up an investment property.

Lot 1 - 479m2
Lot 2 - 422m2

Lot 3 - 536m2
Lot 4 - 473m2 Flora Lane street frontage
Combined Lot size - 1,910m2

These lots offer great convenience as it is located mere moments from local schools, Latrobe University, sporting facilities, shops, and just a short drive to Bendigo CBD.

The market continues to be incredibly strong in the regional centre so if you're interested call our helpful and friendly agent, Matt Connolly, at 0419369844 today.

Property History for 16 Race St, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
  • 03 Jul 2023
    Listed for Sale $280,000-$300,000
  • 06 Sep 2022
    Listed for Sale NEW PRICE!! $250,000 - $275,000

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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 2,208 properties. Over the last 5 years, Houses in Flora Hill have seen a 48.63% increase in median value, while Units have seen a 35.16% increase. As at 31 October 2024:

  • The median value for Houses in Flora Hill is $565,617 while the median value for Units is $358,888.
  • Houses have a median rent of $450 while Units have a median rent of $395.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Flora hill on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Flora hill.

Suburb Insights for Flora Hill 3550

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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.