SOLD
Sold on 08 Jul 2024 for $330,000

17 Michelsen Street
North Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 461m2
Sold By
Belle Property Bendigo, Castlemaine and Maldon
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Property Details for 17 Michelsen St, North Bendigo

17 Michelsen St, North Bendigo is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 461m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in North Bendigo in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
94m2
Land Size
461m2
Local Government
Greater Bendigo
Lot/Plan
1/TP133270

Last Listing description (August 2024)

Unlock the potential of this prime city fringe property and embark on a journey to create your dream home or investment opportunity in sought-after North Bendigo. Positioned on a good-sized 460 sqm block, this property presents a flexible canvas for renovation or redevelopment (STCA), offering unbeatable value in the current market. Located within walking distance of Bendigo Health and the CBD, the versatile 3-bedroom dwelling could be leased as is or updated and modernised to grow your investment.
- This affordable property caters to a wide range of buyers, including first-home buyers, downsizers, and savvy investors looking to capitalise on the city-fringe location and potential for redevelopment.
- The existing 3-bedroom dwelling provides a solid foundation for those with vision and creativity. With a compact and tidy layout, this home awaits transformation into a comfortable and modern living space.

- The weatherboard home features a spacious living area, a kitchen with a meals area, and a large bathroom flooded with natural light. The kitchen boasts excellent bench space, while a storage room provides additional convenience.
- Embrace outdoor living with a large front yard and ample space in the rear yard, offering endless possibilities for relaxation, entertainment, or potential expansion. A 7.5m x 5.3m shed/garage provides secure parking and storage solutions.
- Situated just moments from Bendigo Health and the medical precinct, this property offers excellent city-fringe living with easy access (within walking distance) to all CBD amenities.
- Enjoy the convenience of being moments from the North Bendigo Recreation Reserve, home of the North Bendigo Junior Football Club, sporting fields, bowls club, and playground.
- Whether you're looking to renovate and add value or explore redevelopment options, this property offers plenty of scope for growth.

Property History for 17 Michelsen St, North Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$330,000
08 Jul 2024
Listed for Rent
$230/w
06 Aug 2013
  • 08 Jul 2024
    Sold for $330,000
  • 02 May 2024
    Listed for Sale $330,000
  • 29 May 2013
    Listed for Rent $230 / week

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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 2,433 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 21 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.