OFF MARKET

18 Drechsler Street
Flora Hill VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 177m2
Land area: 724m2
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Property Details for 18 Drechsler St, Flora Hill

18 Drechsler St, Flora Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 724m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1960
Floor Size
177m2
Land Size
724m2
Local Government
Greater Bendigo
Lot/Plan
1/LP132077

Last Listing description (December 2018)

Here is a fabulous opportunity for somebody looking for an investment property currently returning $360 per week with a lease until 14th Jan. 2015. The Flora Hill location is fantastic with its close proximity to primary, secondary schools and the university. The weatherboard home is in need of some attention but has a lot going for it including 4 spacious bedrooms, lounge plus a separate family room. The kitchen is enormous with an adjacent dining area. A bungalow with its own shower & toilet plus a single carport.. Plenty of space in the back yard for the family as well.

Property History for 18 Drechsler St, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$570,000
14 Apr 2022
Listed for Rent
$400/w
20 Aug 2018
  • 14 Apr 2022
    Sold for $570,000
  • 14 Aug 2018
    Listed for Rent - Price not available
  • 05 Jul 2018
    Sold for $416,000
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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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