OFF MARKET

5 Wireless Street
Kangaroo Flat VIC 3555

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1277m2
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Last updated 11 Nov 2024
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Property Details for 5 Wireless St, Kangaroo Flat

5 Wireless St, Kangaroo Flat is a 3 bedroom, 2 bathroom House. The property has a land size of 1277m2.

Building Type
House
Land Size
1277m2
Local Government
Greater Bendigo
Lot/Plan
3~6A/PP5403

Last Listing description (November 2024)

* 3-bedroom (or 2BR plus office), 1-bathroom brick, period style home
* Massive 1,277m block, offering significant subdivision potential (STCA).
* Functional, comfortable layout with gas log heating

* Plenty of outdoor storage and additional outdoor toilet
* Vacant property available to rent out or move into immediately
* Close to shops, amenities and public transport links

This 1 owner property situated on a spacious 1,277m (approx.) block, was lovingly built by Kevin and Shirley Austin in the early 1950s. The charming, period-style home located at 5 Wireless Street, Kangaroo Flat is constructed from handmade cement bricks that have truly stood the test of time. The home reflects the quality of work and pride undertaken when the owners built what was their forever home. This property presents a fantastic opportunity for the first home buyer looking for plenty of land, investors looking for a bullet proof and easy to rent property or developers who would like solid income while planning a future subdivision (STCA).

The home itself boasts a functional floorplan: three bedrooms or two plus an office, one bathroom and a sunroom at the back, providing a flexible layout for various needs.

The original 1950s kitchen remains in functional condition, offering a blank canvas for your personal touch to bring it up to the modern era.
Adding to its features: gas log heating, front porch and back veranda, a bathroom and laundry situated at the back of the home for convenience.
Outdoor storage includes: 4m x 6.6m lock-up garage accessed via the side driveway, a 4m x 4.8m carport providing additional covered parking, and a 3.6m x 3.6m storage shed for extra storage. An outdoor toilet adds to the functionality of the backyard space.

The exceptional location is close to schools, shops, amenities, train station and public transport links - this property ensures ease of living.
Whether you choose to update, rent out immediately to bring in additional rental income or develop, the opportunities here are endless.

Property History for 5 Wireless St, Kangaroo Flat, VIC 3555

A timeline of how this property has performed in the market
  • 17 Jun 2024
    Listed for Sale $495,000-$535,000
  • 12 Nov 2019
    Listed for Sale $116,500

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About Kangaroo Flat 3555

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 6,215 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 50.59% increase in median value, while Units have seen a 43.40% increase. As at 31 October 2024:

  • The median value for Houses in Kangaroo Flat is $515,763 while the median value for Units is $360,339.
  • Houses have a median rent of $460 while Units have a median rent of $400.
There are currently 47 properties listed for sale, and 5 properties listed for rent in Kangaroo flat on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Kangaroo flat.

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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.