OFF MARKET

8 Louis Street
Long Gully VIC 3550

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 553m2
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Last updated 16 Dec 2024
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Property Details for 8 Louis St, Long Gully

8 Louis St, Long Gully is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 553m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Land Size
553m2
Local Government
Greater Bendigo
Lot/Plan
1/LP59071

Last Listing description (July 2023)

This delightful 2 bedroom home is located on approximately 550m2 block with the home positioned at the front of the block offering the opportunity to build an additional dwelling (with council approval) The current tenant is excellent and treats the home as if it is her own and currently paying $270 per week. Located in a quiet street not far from transport or the CBD. This is an ideal investment which you could set and forget or potentially grow.

Property History for 8 Louis St, Long Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$360,000
20 Apr 2023
Listed for Rent
$270/w
22 Mar 2022
  • 20 Apr 2023
    Sold for $360,000
  • 12 Apr 2023
    Listed for Sale $350,000 - $375,000
  • 09 Mar 2022
    Listed for Rent $270 / 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 1,923 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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