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Sold on 19 Aug 2024 for $340,000

4/14 Townsend Street
Flora Hill VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 218m2
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Property Details for 4/14 Townsend St, Flora Hill

4/14 Townsend St, Flora Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 218m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Flora Hill in the last 12 months.

Building Type
Unit
Land Size
218m2
Local Government
Greater Bendigo
Lot/Plan
4/RP4994

Last Listing description (August 2024)

Offering vacant possession, this solid, stand alone 2 bedroom unit is in original condition & has been freshly painted internally. Suitable for downsizers, first home buyers or investors, it provides a great location close to La Trobe University & the Bendigo CBD. There's a spacious lounge & practical kitchen with built in cupboards & an upright gas stove. Both bedrooms are of a good size with the main containing built in robes. The 3 piece bathroom includes a shower, vanity & toilet with the laundry & linen storage adjacent. A split system maintains comfort control throughout the home. Outside you will find a low maintenance yard, garden shed & a single carport. There's a beautiful magnolia tree at the front that is just starting to bloom. Close to schools, shops & transport, this property is under 3kms to the CBD. Investors please note that a rental return of around $350 per week is expected.

Property History for 4/14 Townsend St, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$340,000
19 Aug 2024
  • 20 Aug 2024
    Sold for $340,000
  • 14 Aug 2024
    Listed for Sale $335,000-$365,000
  • 27 Oct 2006
    Sold for $165,500
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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 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 13 properties listed for sale, and 5 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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Melinda Goggin
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