5 Morrison St, Kangaroo Flat is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 596m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
This triple fronted weatherboard home exudes 1960s charm and has been meticulously maintained over the years. In a very appealing and popular location it has broad appeal, from first home owners to seasoned investors and everyone in-between.
True to its era the home has raised ceilings, decorative cornices, and three big bedrooms; each with space for built in robes to be installed. At the front of the home is a formal lounge room, and an eat-in kitchen which has purpose built cabinetry fitted, modernising the space and creating much desired storage. Ducted gas heating and ducted evaporative cooling keep the home temperate through all seasons, and new carpets and roller blinds have been installed over recent years.
Outdoors, the spacious 577sqm (approx.) allotment is secured at the front by fences and gates to keep pets and children safe. Wide driveway access along the side leads to a 6.7m x 8.7m steel shed and workshop with concrete floor, roller door, lights and power. A little bit of elbow grease will see the garage really come to life - add a lick of paint to spruce things up, bring in a pool table, some comfy couches and a few friends and you will have an additional entertaining space (or, of course, you could use it to park your vehicles).
A convenient position, just moments from Aldi and specialty stores at the Kangaroo Flat shopping strip and not much further from Bunnings and Lansell Square. It's around a 10 minute drive into central Bendigo, and for those travelling into town for school or to Melbourne for work, a bus stop and the Kangaroo Flat train station are handily located nearby.
At present, the home is leased to excellent renters on a fixed term lease until August 2023. Vacant possession will be available at that time should you desire, or the renters would love the opportunity to remain at the property if you are purchasing as a long-term investment.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2011 was 9,492 people. By 2016 the population was 10,405 showing a population growth of 9.6% in the area during that time. The predominant age group in Kangaroo Flat is 20-29 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation. In 2011, 67.3% of the homes in Kangaroo Flat were owner-occupied compared with 67.4% in 2016.
Kangaroo Flat has 6,203 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 56.88% increase in median value, while Units have seen a 53.72% increase. As at 31 July 2024:
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