OFF MARKET

350 Olympic Parade
Maiden Gully VIC 3551

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 80717m2
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Property Details for 350 Olympic Pde, Maiden Gully

350 Olympic Pde, Maiden Gully is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 80717m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Land Size
80717m2
Local Government
Greater Bendigo
Lot/Plan
3/LP27371

Last Listing description (March 2023)

Position and potential abound in this rural property conveniently situated a mere five-minute drive to either Maiden Gully or Kangaroo Flat.

The undulating block of approx. 8.07 Ha (20 acres) is dotted with stands of established eucalypts and three dams. It offers options to earn income while land banking for future development or maybe build your dream home and enjoy the solitude of the surrounding bushland.

The elevated dwellings include a cream brick veneer comprising four bedrooms (all with built-ins), a large lounge overlooking the front terrace, a central kitchen/dining, bathroom, a laundry and a rear sunroom. The second home offers two bedrooms, one bathroom, a lounge/dining/kitchen, and laundry. Both homes are needing some extra TLC, offering the ability to add value to the property whilst reaping the future potential of the land.

Externally there's a carport, rainwater tanks and assorted outbuildings. The 5kW solar power system on the main residence; helps keep the running costs to a minimum.

The property offers ample scope to improve the existing residences for multi-family accommodation or lease for increased rental income while you plan future rezoning/redevelopment of the land (STCA).

The location is handy to all amenities at the gateway of the City of Bendigo in one of the region's fastest-growing areas. Register your interest today.

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Property History for 350 Olympic Pde, Maiden Gully, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$850,000
26 Oct 2022
  • 20 Feb 2023
    Listed for Sale $850,000
  • 26 Oct 2022
    Sold for $850,000
  • 18 Oct 2022
    Listed for Sale $825,000-$875,000
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About Maiden Gully 3551

The size of Maiden Gully is approximately 41.7 square kilometres. It has 26 parks covering nearly 20.8% of total area. The population of Maiden Gully in 2011 was 4,401 people. By 2016 the population was 4,953 showing a population growth of 12.5% in the area during that time. The predominant age group in Maiden Gully is 0-9 years. Households in Maiden Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maiden Gully work in a professional occupation. In 2011, 90.4% of the homes in Maiden Gully were owner-occupied compared with 89.2% in 2016.

Maiden Gully has 2,380 properties. Over the last 5 years, Houses in Maiden Gully have seen a 55.22% increase in median value, while Units have seen a 61.05% increase. As at 31 October 2024:

  • The median value for Houses in Maiden Gully is $832,473 while the median value for Units is $445,308.
  • Houses have a median rent of $580.
There are currently 21 properties listed for sale, and no properties listed for rent in Maiden gully on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Maiden gully.

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