45 Retreat RoadFlora Hill VIC 3550
Property Details for 45 Retreat Rd, Flora Hill
45 Retreat Rd, Flora Hill is a 7 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 627m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (November 2022)
INSPECTION BY APPOINTMENT CONTACT JESSE FORBES 0477277600
Attention investors! If you're looking for that next investment that is too good to miss, this is it!
Imagine owning a 7-bedroom, 7-lease low maintenance property, bringing in $58,000 per annum. Located just minutes to La Trobe University and the Bendigo CBD sits this wonderful opportunity to purchase a share house accommodation.
Featuring a communal modern and neat kitchen with stainless-steel appliances including a dishwasher, meals area and lounge room, two bathrooms and two toilets, all the bedrooms are already set up for share housing.
Each bedroom offers tenant with electric door locks for added security and privacy, wall heater, ceiling fan, built-in robe, mini fridge, bed, table and desk.
Split system heating and cooling in the loungeroom, a fully equipped laundry off the kitchen, communal clothes lines and a spacious shared carpark for secure off-street parking adds to its features.
Within walking distance to La Trobe University as well as shops, amenities, public transport, and Bendigo CBD, this is one enticing package.
Currently leased at $150 & $160 per week per lease (including bills).
Call agent Jesse Forbes to arrange an inspection or find out more information.
Property History for 45 Retreat Rd, Flora Hill, VIC 3550
- 08 Aug 2022Sold for $650,000
- 26 Jul 2022Listed for Sale $670,000 - $700,000
- 15 Oct 2021Listed for Rent $160 / week
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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.
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