INSPECTION BY APPOINTMENT PLEASE CALL JESSE FORBES 0477277600
Situated in a growing and popular part of Bendigo, 15 minutes from the CBD and only a 2-minute drive to the centre of Marong, this 5-acre property will suit a range of buyers.
The 3-bedroom home is currently leased to wonderful long-term tenants bringing in $370 P/W. This property is ideal for someone wanting a piece of rural land to build on, or those seeking a land bank opportunity for future development (STCA).
Currently zoned for farming, this land would also suit a buyer looking to set up a small hobby farm with enough space for horses or other animals.
Marong is a booming area with amenities such as a school, a milk bar, pub, and golf course. Everything else you need, such as a supermarket, childcare and restaurants is just a few minutes down the road in Maiden Gully.
This is a great opportunity to secure a parcel of land to build your dream home, close to everything you need, or purchase for a great return in the future.
Set on 5 acres (approx.).
Contact agent Jesse Forbes.
The size of Marong is approximately 76.1 square kilometres. It has 2 parks covering nearly 1.8% of total area. The population of Marong in 2011 was 901 people. By 2016 the population was 1,438 showing a population growth of 59.6% in the area during that time. The predominant age group in Marong is 0-9 years. Households in Marong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marong work in a trades occupation. In 2011, 83% of the homes in Marong were owner-occupied compared with 82.1% in 2016.
Marong has 1,167 properties. Over the last 5 years, Houses in Marong have seen a 54.71% increase in median value, while Units have seen a 69.69% increase. As at 31 October 2024:
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