OFF MARKET

15 Moray Crescent
North Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 530m2
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Property Details for 15 Moray Cres, North Bendigo

15 Moray Cres, North Bendigo is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 530m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Land Size
530m2
Local Government
Greater Bendigo
Lot/Plan
35/LP32746

Last Listing description (November 2023)

For those seeking an opportunity to add value to their next property through renovation, this 1950’s weatherboard is an absolute must for you to inspect.

The location is one of the best you’ll find on the outskirts of the CBD, within close proximity to the Bendigo Hospital and a very easy commute into the city center. For those with leisure as a priority, it’s walking distance to the Tyson’s Reef Hotel, Lake Weeroona and The Boardwalk Bendigo Café, and has rear gate access directly onto the O’Keefe Trail.

The house would benefit from a full renovation, with scope to create some significant equity as a result, making it the perfect opportunity for a first home buyer looking for an affordable entry and a good head start in their property journey, or for a more commercial transaction with some potential for healthy profit margins.

The house itself is fairly typical of its era with three bedrooms, a formal lounge at the front, one bathroom, and kitchen/dining towards the rear of the home. There’s a lean-to area at the rear of the home as well where you’ll find a separate toilet and a sunroom, with some fantastic scope here to renovate under the current roofline and capitalize on the space available to better suit your requirements. There’s hardwood floors throughout that would make a beautiful feature once sanded and polished, and the house itself seems reasonably sound on a structural level, just waiting to benefit from a cosmetic makeover.

Outside, there’s a large shed with concrete floor that has drive-through access and plenty of space to extend the home (STCA) or for a great family backyard. The property is surrounded mainly by owner-occupiers, some whom have been in the area for decades, and others that have already seen new families move in and take care of gorgeous renovations. Being such an affordable property within such close proximity to the CBD, it’s likely this one will be popular – don’t hesitate to call Shane to register for the next open home.

Property History for 15 Moray Cres, North Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$345,000
13 Nov 2023
  • 09 Nov 2023
    Sold for $345,000
  • 29 Mar 2023
    Listed for Sale $365,000 - $385,000

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About North Bendigo 3550

The size of North Bendigo is approximately 4.2 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of North Bendigo in 2011 was 3,954 people. By 2016 the population was 4,046 showing a population growth of 2.3% in the area during that time. The predominant age group in North Bendigo is 20-29 years. Households in North Bendigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Bendigo work in a professional occupation. In 2011, 58.9% of the homes in North Bendigo were owner-occupied compared with 51.5% in 2016.

North Bendigo has 2,434 properties. Over the last 5 years, Houses in North Bendigo have seen a 41.89% increase in median value, while Units have seen a 48.44% increase. As at 31 October 2024:

  • The median value for Houses in North Bendigo is $464,532 while the median value for Units is $387,629.
  • Houses have a median rent of $450 while Units have a median rent of $420.
There are currently 22 properties listed for sale, and 7 properties listed for rent in North bendigo on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in North bendigo.

Suburb Insights for North Bendigo 3550

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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.