38 Hammer St, Flora Hill is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 662m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Flora Hill has long been regarded as a most appealing location. This utterly charming double brick home is perfectly positioned on a quiet street. It is within comfortable walking distance of central Bendigo, the railway station, and La Trobe University.
Throughout the home, the floorboards have been polished and reflect the natural light that streams through the large windows. Whilst the residence has been updated in recent years, the period style features and character of the home have been retained. You will love the tall ceilings, polished floor boards, wood heater and brick mantel, picture rails, timber window frames and decorative cornice. Upon closer inspection you will also find that the home has been re-stumped with concrete stumps.
The two large bedrooms feature ceiling fans and built in robes and the main has a split system. There is an air conditioner in the lounge and ducted central heating. Within the shed there is a third detached bedroom/studio which is insulated and has a ceiling fan.
The thoughtfully appointed kitchen overlooks the back garden and features a gas stove top and an electric oven. The bathroom comprises a shower over bath and modern style vanity. The home is set on a large and private block of approximately 646m2. There is a timber decked alfresco meals and entertaining area. As well as a 3.5m x 10m garage with concrete floor, power and roller door access from the driveway through the shed and into the backyard.
This is an exceptional location, with a medical centre, pharmacy, post office and general store within short walking distance. Here you will enjoy close proximity to schools, child care, Kennington Reservoir, supermarkets, specialty stores, gyms, cafes, playgrounds and bushland. Comfortably walk or catch the bus to Kennington Village, Strath Village, Strath Hill and the CBD.
A proven performer, the property is currently home to excellent renters and is managed by our team, Elders PM. The renters love the property and would be delighted if an investor were to secure the property and want to offer them a new lease agreement. However, the renters are also understanding that if you wish to occupy the property yourself at the end of the lease term, then the current lease will be concluded to enable you to have vacant possession.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
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 2,205 properties. Over the last 5 years, Houses in Flora Hill have seen a 54.01% increase in median value, while Units have seen a 45.50% increase. As at 31 July 2024:
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