SOLD
Sold on 19 Dec 2023 for $1,001,000

1/8 Wood Street
Long Gully VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1038m2
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Sold By
Tweed Sutherland First National
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Property Details for 1/8 Wood St, Long Gully

Building Type
Commercial
Land Size
1038m2
Local Government
Greater Bendigo
Lot/Plan
1/PS704679

Last Listing description (November 2023)

Located in the heart of the Long Gully Industrial precinct, this factory warehouse complex is ripe for any number of industrial purposes. The double Storey office space to the front comprises numerous offices, boardroom, reception area with heating and cooling throughout and network wiring. To the rear is warehouse space of approximately 393m2 with numerous power points throughout including 3 phase power.
Overall, a fantastic property suitable for numerous light industrial pursuits.

Property History for 1/8 Wood St, Long Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$1,001,000
19 Dec 2023
Listed for Rent
$1.44k/w
06 Jun 2023
  • 19 Dec 2023
    Sold for $1,001,000
  • 09 Aug 2023
    Listed for Sale $1,000,000.00 + GST
  • 26 May 2022
    Listed for Rent $75,000 / year
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About Long Gully 3550

The size of Long Gully is approximately 3.4 square kilometres. It has 3 parks covering nearly 2% of total area. The population of Long Gully in 2011 was 3,338 people. By 2016 the population was 3,369 showing a population growth of 0.9% in the area during that time. The predominant age group in Long Gully is 20-29 years. Households in Long Gully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Long Gully work in a labourer occupation. In 2011, 56.7% of the homes in Long Gully were owner-occupied compared with 53.3% in 2016.

Long Gully has 1,912 properties. Over the last 5 years, Houses in Long Gully have seen a 54.66% increase in median value, while Units have seen a 60.45% increase. As at 31 July 2024:

  • The median value for Houses in Long Gully is $470,433 while the median value for Units is $402,211.
  • Houses have a median rent of $430 while Units have a median rent of $390.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Long gully on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Long gully.

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