SOLD
Sold on 15 Sep 2024 for $540,000

7 Lorne Terrace
Flora Hill VIC 3550

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 163m2
Land area: 389m2
Sold By
McKean McGregor Pty Ltd
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Property Details for 7 Lorne Tce, Flora Hill

7 Lorne Tce, Flora Hill is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 389m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Flora Hill in the last 12 months.

Building Type
House
Year Built
2012
Floor Size
163m2
Land Size
389m2
Local Government
Greater Bendigo
Lot/Plan
PC373534

Last Listing description (October 2024)

This double storey home is located within walking distance to La Trobe University and within close proximity to bus routes, schools, parks and central Bendigo. Ideally suited to investors, first home buyers, downsizers or professionals, it will tick all the boxes with its features and location.

Downstairs offers a separate lounge, kitchen/meals, powder room, toilet, laundry and internal access from the double garage. Upstairs offers 3 bedrooms with study alcove, walk in robe and ensuite to the master bedroom, and built in robes to all other bedrooms.

Ducted evaporative cooling and quality fixtures and fittings throughout are also included.

Outside has fully landscaped secure gardens all on a very low maintenance sized block.

Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.

Property History for 7 Lorne Tce, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$540,000
15 Sep 2024
Listed for Rent
$480/w
11 Jan 2022
  • 15 Sep 2024
    Sold for $540,000
  • 28 Aug 2024
    Listed for Sale $500,000 - $550,000
  • 26 Jul 2020
    Listed for Rent $480 / 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 2,210 properties. Over the last 5 years, Houses in Flora Hill have seen a 50.23% increase in median value, while Units have seen a 39.43% increase. As at 30 November 2024:

  • The median value for Houses in Flora Hill is $570,012 while the median value for Units is $365,460.
  • Houses have a median rent of $450 while Units have a median rent of $410.
There are currently 13 properties listed for sale, and 6 properties listed for rent in Flora hill on OnTheHouse. According to CoreLogic's data, 119 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.