18 Towers St, Flora Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 681m2. 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 Flora Hill in the last 12 months.
Situated only a stones throw from Latrobe University this 4 bedroom, 2 bathroom home was initially designed and built for investment and offers a great opportunity to access a strong return on investment. Features include 4 bedrooms, all with built in robes, 2 separate bathrooms, laundry and open plan kitchen/meals/living. The kitchen includes gas cooking and breakfast bar and overlooks the lounge/dining with reverse cycle split air-conditioning. From inside to out there is a double carport all set in a private yard. The position is excellent being close to Latrobe University, Bendigo South East College, Kennington shopping and only a short drive to the CBD. Fantastic entry level investment or family home on a budget with the four bedrooms. (Note; this property represents one of four separate properties from an estate, all in a row, and being sold simultaneously. At this point there is an opportunity to purchase all four properties and further develop if desired).
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:
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