SOLD
Sold on 22 Aug 2024 for $370,000

18 Towers Street
Flora Hill VIC 3550

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 681m2
Sold By
Danny Clarke
Professionals Bendigo
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Property Details for 18 Towers St, Flora Hill

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.

Building Type
House
Land Size
681m2
Local Government
Greater Bendigo
Lot/Plan
13B~H2/PP3473

Last Listing description (September 2024)

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).

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

A timeline of how this property has performed in the market
Last Sold
$370,000
22 Aug 2024
  • 22 Aug 2024
    Sold for $370,000
  • 06 Dec 2023
    Listed for Sale $375,000 - $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 2,208 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.