18 Walker St, Long Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 786m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Set on a spacious 786m2 allotment on the corner of Albert and Walker Street, this solid brick home is blessed with stunning original hardwood floors and ornate plasterwork on the ceilings. It is evident that the original owners were thoughtful in their concept, with the front lounge room enjoying morning sun and the westerly side of the home offering established trees for leafy shade in summer.
This home offers loads of potential to the astute renovator/investor. It is craving a little TLC, however with some cosmetic renovations and updates this property has the potential to be positively geared - the perfect 'set and forget' investment or flip project.
Located just a short walk to the Long Gully Reserve, walking trails and Splash Park, 2.9km to St John of God Hospital and 3.5km to Bendigo Hospital, this would be a highly attractive rental for professional tenants and families alike.
Long Gully has seen median home prices rise by *10.19% - one can see the potential for high capital growth in the future due to the close proximity (3.5km) to the CBD.
Opportunities like this are few, and this property is worthy of a prompt inspection.
Currently tenanted on a month-to-month lease.
* Source: https://www.smartpropertyinvestment.com.au/data/vic/3550/long-gully
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 1,923 properties. Over the last 5 years, Houses in Long Gully have seen a 48.63% increase in median value, while Units have seen a 53.49% increase. As at 30 November 2024:
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