2/8 Reverie StreetLong Gully VIC 3550
Property Details for 2/8 Reverie St, Long Gully
2/8 Reverie St, Long Gully is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 1053m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Long Gully in the last 12 months.
Last Listing description (September 2024)
The possibilities begin with the land. The 1053m2 (approx.) dual-access block extends through to Bray St and comes complete with a planning permit for a two-lot subdivision.
The attractive federation weatherboard residence, with its bullnose verandah and elegant lattice work has been divided into two separate two bedroom units, each with its own carport.
You could live in one unit and rent the other or you could reunite the two units to create an elegant large family home. The entrance to unit 1 is at the front while the entrance to unit 2 is via a ramp at the side of the house.
The house comprises stunning original leadlight windows, polished floorboards, skirting boards and ornate wooden mantels in the sitting rooms. The living rooms and bedrooms, with built-in wardrobes, are generously proportioned and carpeted.
The light-filled kitchens, bathrooms and laundries are at the rear of the building and provide easy access to rear balconies.
Both units, while liveable, could be upgraded. Living in one unit while renovating the other is a possibility. Those with an eye for development will recognise the lucrative potential of the planning permit. And tradies will want to take advantage of the rear street access to add garages and a workshop (STCA).
For families with young children, St Peter's Primary and Havilah Road Preschool are a short walk away, while green spaces are close by. A five-minute drive gets you to Bendigo Health; two minutes more will have you at the city centre.
This property's convenient location, combined with its wealth of possibilities, presents you with a prospect worthy of further investigation.
Property History for 2/8 Reverie St, Long Gully, VIC 3550
- 26 Jul 2024Sold for $590,000
- 15 Apr 2024Listed for Sale Not Disclosed
- 10 Nov 2021Listed for Rent $290 / week
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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 55.50% increase in median value, while Units have seen a 55.51% increase. As at 31 August 2024:
- The median value for Houses in Long Gully is $471,604 while the median value for Units is $405,958.
- Houses have a median rent of $430 while Units have a median rent of $380.
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