OFF MARKET

3/24 Retreat Road
Flora Hill VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
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Property Details for 3/24 Retreat Rd, Flora Hill

3/24 Retreat Rd, Flora Hill is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a floor size of 124m2.

Building Type
Unit
Floor Size
124m2
Local Government
Greater Bendigo

Last Listing description (July 2019)

Updated three bedroom unit close to La Trobe University offering comfortable living for students or family
Good investment opportunity for those investors wanting to catch the hot rental market in Bendigo
Master bedroom with built-in mirrored robe

Updated kitchen, laundry, lounge, freshly painted, new carpets, polished timber floors and much more
Opportunity to consider establishing a second home on the property STCA (643m2)
Tandem garage or workshop and secure yard for pets
Ample space for the caravan or parking up to four vehicles
Very neat and tidy home ideal for living or as an investment property

This home is in the perfect location for the investor wanting to be able to achieve a great rental return in the current hot rental market in Bendigo. The home is well maintained offering three bedrooms plus study area, fully renovated kitchen and large central lounge. It is on the doorstep of the University almost and is still only a couple of minutes drive to the Bendigo CBD. Close to public transport, shops and all amenities the home is a good entry to the Bendigo market.
For more information feel free to give call Namneet 'Honey' Walia 0452 614 230 OR Sagar Singh 0473 762 124
Disclaimer: All the information provided is general only and it is recommended to verify before purchase. The property is virtually staged in a few pictures.

Property History for 3/24 Retreat Rd, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
  • 09 May 2019
    Listed for Sale 289000 Last Chance To Grab!

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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 2,207 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 12 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.