SOLD
Sold on 05 Feb 2024 for $355,000

5/216 Arnold Street
North Bendigo VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 76m2
Land area: 164m2
Sold By
Matt Leonard
Tweed Sutherland First National
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Property Details for 5/216 Arnold St, North Bendigo

5/216 Arnold St, North Bendigo is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 164m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in North Bendigo in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
76m2
Land Size
164m2
Local Government
Greater Bendigo
Lot/Plan
5/RP3594

Last Listing description (March 2024)

Situated just 250 meters from Bendigo Hospital, this unit is a perfect match for healthcare professionals or anyone wanting the ease of being close to medical facilities. Renovated throughout this unit has been meticulously transformed with attention to detail.

2 Bedrooms, new kitchen and bathroom, r/c air-conditioning, freshly painted, single carport.
Airbnb Potential: Capitalise on the high demand for short-term accommodation with the hospital's proximity.
Proven Investment: The property comes furnished, ready for immediate occupancy or to start generating income.
Bendigo CBD Proximity: Easily access shopping, dining, and entertainment options just moments away.

Ideally suited to fist home buyers or the perfect investment opportunity.

Property History for 5/216 Arnold St, North Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$355,000
05 Feb 2024
  • 05 Feb 2024
    Sold for $355,000
  • 02 Nov 2023
    Listed for Sale $350,000 - $370,000
  • 21 Oct 2016
    Sold for $190,000
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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 6 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.