OFF MARKET

1 Marong Road
Ironbark VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 655m2
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Property Details for 1 Marong Rd, Ironbark

1 Marong Rd, Ironbark is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1979. The property has a land size of 655m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1979
Floor Size
66m2
Land Size
655m2
Local Government
Greater Bendigo
Lot/Plan
1/TP904245

Last Listing description (July 2020)

Exceptional returns could be achieved with this outstanding and rare opportunity to purchase a block of 3 units – offering a variety of floorplans and a convenient position just 5 mins from the Bendigo CBD.The properties are being offered as a whole (all 3 units) with a price range of $530,000 - $560,000.Or individually as follows:*Unit 1 is a 1 bedroom brick unit with open plan kitchen/meals and living, separate laundry and bathroom, plus a large bedroom approx 5m x 3m in size.Individual price: $130,000 - $140,000.*Unit 2 is a 2 bedroom brick unit with open plan kitchen/meals, separate laundry and bathroom and undercover car accommodation.Individual price: $170,000 - $180,000.*Unit 3 is a 4 bedroom brick unit with large open plan kitchen/meals and living, separate bathroom and laundry, along with undercover car accommodation. $230,000 - $240,000The units are solid in construction, and the long term benefits are considerable for those looking to purchase all 3, with flexibility of re-sale down the track.Individually these units offer exceptional and affordable prospects for those looking to enter the market for a residence, or investment purposes.Short settlement and vacant possession for all 3 units is available.*Contact Bawa on 0402 206 745 to arrange an inspection of all 3 units.

Property History for 1 Marong Rd, Ironbark, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$270,000
18 Nov 2019
Listed for Rent
20 Jan 2020
  • 18 Nov 2019
    Sold for $270,000
  • 03 Oct 2019
    Listed for Rent - Price not available
  • 13 Mar 2019
    Listed for Sale $279,000 - $299,000
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About Ironbark 3550

The size of Ironbark is approximately 0.9 square kilometres. It has 2 parks covering nearly 12% of total area. The population of Ironbark in 2011 was 1,080 people. By 2016 the population was 1,084 showing a population growth of 0.4% in the area during that time. The predominant age group in Ironbark is 20-29 years. Households in Ironbark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ironbark work in a professional occupation. In 2011, 59% of the homes in Ironbark were owner-occupied compared with 57.2% in 2016.

Ironbark has 721 properties. Over the last 5 years, Houses in Ironbark have seen a 49.57% increase in median value, while Units have seen a 78.13% increase. As at 31 July 2024:

  • The median value for Houses in Ironbark is $547,435 while the median value for Units is $432,015.
  • Houses have a median rent of $428 while Units have a median rent of $380.
There are currently 5 properties listed for sale, and 1 property listed for rent in Ironbark on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Ironbark.

Suburb Insights for Ironbark 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.