OFF MARKET

29 Burke Street
Newbridge VIC 3551

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 193m2
Land area: 2976m2
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Property Details for 29 Burke St, Newbridge

29 Burke St, Newbridge is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 2976m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1900
Floor Size
193m2
Land Size
2976m2
Local Government
Loddon
Lot/Plan
1/TP953306

Last Listing description (October 2023)

This remarkable residence is steeped in history and is believed to have formerly been a Cobb and Co Exchange, built in the 1800's. If you desire a home for permanent residency, or to be used as a weekend and holiday retreat for your family, this is a most beautiful home and setting. The enterprising may even purchase the property as an investment, to be offered to the market for overnight or holiday accommodation.

The natural appeal and timeless beauty of the Loddon River is constantly being re-discovered by Victorians. Now perhaps more than ever, it excites buyers seeking a tree-change. This area of Regional Victoria is an outstanding example of what country living is all about, and has the promise to be more than you first expect.

The property is ideally situated in Victoria's Golden Triangle with immediate access to the Loddon River via Raglan Street. Enjoy days on the river, camping, picnics, and gold prospecting.

The property measures approximately 2,976sqm and is comprised of three separate titles. The current vendors also engaged me in 2022 and we sold their additional land measuring 1,821sqm (selling for $110,000 in February 2022). As the new owner of the property, you too may wish to sell a title (or two) and use the profit to pay down your mortgage, return cash to your savings, or invest in renovations and enhancements to the home and gardens.

Character filled, the period features of the home include a long pitched roof, saloon style verandahs, timber deck, arched windows, handmade bricks, open fireplaces, timber lined ceilings and walls, and leadlight glass. The floor plan is very versatile and provides for formal and informal living and dining options. It could easy be configured as three or four bedrooms plus a study. There is a cost reducing solar system, 9m x 6m shed, rainwater tanks and a 2 meg water entitlement from the Loddon River.

Newbridge is a peaceful rural town with a welcoming and friendly community. There is an electric vehicle charging station at the Community Centre opposite the General Store and diagonally across from the historic Newbridge Hotel. The recreation reserve offers excellent sports infrastructure and there are camping and fishing sites available along the river.

It's about a 12-minute drive to Bridgewater on Loddon, which is a bustling tourist destination and close community. The town is renowned for its award-winning bakery, boutique wineries and water sports. It's a popular place for camping, fishing, swimming, casual boating and skiing.

It's also only 17 mins drive to the community, supermarket and hospital at Inglewood. The 30 min drive to the Bendigo central business district makes for a very comfortable daily commute. There is a daily V/Line bus to Bendigo and it's a 1hr 45m drive to Melbourne Airport.

29 Bourke Street is a property that, looking back is stepped in history; and looking forward, is steeped in the promise of connection, meaning and life's spoils.

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

Property History for 29 Burke St, Newbridge, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$395,000
31 Aug 2023
  • 31 Aug 2023
    Sold for $395,000
  • 02 Jun 2023
    Listed for Sale For Sale: $400,000 - $440,000
  • 15 Mar 2022
    Sold for $110,000
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About Newbridge 3551

The size of Newbridge is approximately 96.3 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Newbridge in 2011 was 359 people. By 2016 the population was 185 showing a population decline of 48.5% in the area during that time. The predominant age group in Newbridge is 60-69 years. Households in Newbridge are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Newbridge work in a managers occupation. In 2011, 81.1% of the homes in Newbridge were owner-occupied compared with 86.7% in 2016..

Newbridge has 216 properties. Over the last 5 years, Houses in Newbridge have seen a 52.34% increase in median value, while Units have seen a -60.51% decrease. As at 31 October 2024:

  • The median value for Houses in Newbridge is $389,885 while the median value for Units is $436,279.
There are currently 9 properties listed for sale, and no properties listed for rent in Newbridge on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Newbridge.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.