SOLD
Sold on 27 Mar 2024 for $360,000

2 Reverie Street
Long Gully VIC 3550

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 527m2
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Sold By
Linda Currie
Team Real Estate
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Property Details for 2 Reverie St, Long Gully

2 Reverie St, Long Gully is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 527m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Long Gully in the last 12 months.

Building Type
House
Floor Size
99m2
Land Size
527m2
Local Government
Greater Bendigo
Lot/Plan
457B~K/PP3473A

Last Listing description (May 2024)

Ideally located within walking distance to the center of Bendigo, schools and public transport, this little weatherboard cottage has potential written all over it! Cheap as chips, it presents a rare chance for cash-strapped first home buyers to make their home ownership dreams a reality or it's an ideal project for the handyman or builder. It has two bedrooms, both with ceiling fans, spacious lounge with gas heating and split system air conditioning, roomy kitchen, bathroom, laundry, and internal WC.
The corner lot has two-street access and provides potential to extend the existing home or rent it out and land bank for future development (STCA). Set on a generous 527m2 block, offering two street access.

Call Linda Currie to discuss further on 0438 381 900.

• Cute Cottage
• Excellent Central Location
• Affordable Buying
• Ideal for First Home Buyers
• Solar Panels
• Why Rent?
• Corner Allotment 527m2

*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 2 Reverie St, Long Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$360,000
27 Mar 2024
  • 27 Mar 2024
    Sold for $360,000
  • 26 Sep 2023
    Listed for Sale Not Disclosed
  • 07 Aug 2018
    Sold for $205,000
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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 1,923 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:

  • The median value for Houses in Long Gully is $459,644 while the median value for Units is $391,847.
  • Houses have a median rent of $430 while Units have a median rent of $395.
There are currently 7 properties listed for sale, and no properties listed for rent in Long gully on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Long gully.

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