189 Arnold StreetNorth Bendigo VIC 3550
Property Details for 189 Arnold St, North Bendigo
Last Listing description (November 2024)
Residential land parcels of this size, in such a highly-sought after and central location can be very difficult to acquire, making this a unique opportunity that will appeal to a broad range of buyers who will look to capitalise on the close proximity to Bendigo Health (Hospital), and CBD.
? Zoned General Residential ? the property features beautifully established plants and gardens offering a park-like setting for your dream residence.
? Explore the possibility of further developing the site (subject to council approval and due diligence).
? Also conveniently located within walking distance to Ulumbarra Theatre, shopping, caf??s/restaurants, schools, Rosalind Park, and a wide range of entertainment
and recreational facilities on offer in central Bendigo.
Important note: the driveway entry off Arnold Street is securely gated ? please contact Bawa on 0402 206 745 for further information and to arrange a time to view the allotment.
Additional note regarding address: The formal name for the parcel is Lot 1 on LP218021. An official street address (ie 189A Arnold Street) will need to be explored and finalised with relevant authorities.
Property History for 189 Arnold St, North Bendigo, VIC 3550
- 19 Nov 2024Listed for Sale $590,000- $630,000
- 29 Jan 2024Sold for $400,000
- 01 Jun 1989Sold for $140,000
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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.
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