94 Somerville StreetFlora Hill VIC 3550
Property Details for 94 Somerville St, Flora Hill
94 Somerville St, Flora Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 533m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (May 2019)
Lifestyle and convenience are why owners and tenants alike flock to this popular Flora Hill address! Walk into town, walk to La Trobe University and Bendigo South-East Secondary College, this is going to suit number of buyers!
Beyond the charming cream-brick exterior lies a spacious, updated, tidy and family friendly home.
This lovely residence on a 577m block, features a large lounge room which opens up to the kitchen space and a cute dining room nook. The updated tiled bathroom features a big shower, vanity and separate toilet and plenty of added storage throughout the home. You'll be pleased to know there's a gas heater, air-conditioner in the lounge plus ducted heating through the floor and ducted cooling just in time for summer!! There's also a 4KW solar system to reduce those electricity bills.
Currently occupying good tenants and receiving $280 per week. Being so close La Trobe University investors can rest assured always having a long list of potential tenants year in-year out.
You cannot beat this location, aside from being just moments from Bendigo's CBD, University and the Athletics Complex you also have the Flora Hill Shopping area only meters away.
So if you're an investor looking for a fool-proof investment or a family looking to move to a popular area and the kids can walk to school or perhaps you're a first home buyer looking to break into the market, you don't want to miss this one or you will regret it later.
Property History for 94 Somerville St, Flora Hill, VIC 3550
- 15 May 2019Sold for $292,000
- 05 Dec 2018Listed for Sale $285,000-$310,000
- 23 May 2017Listed for Rent - Price not available
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0About 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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