5 Smith StreetNorth Bendigo VIC 3550
Property Details for 5 Smith St, North Bendigo
5 Smith St, North Bendigo is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 576m2 and floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
Are you on the hunt for a property in a prime location to develop, or a home to add to your rental portfolio? This 582m allotment - just a short 500m walk from Bendigo Hospital - could just be the property you're looking for.
Conveniently located close to Bendigo's busy medical precinct, the property guarantees high tenancy rates, or would make for an ideal block to level and build a couple of townhouses (STCA).
The address currently features a 3-bedroom weatherboard home that is currently tenanted. It provides a secure income and if planning to knock over and redevelop, it offers time to get designs, permits and plans in order.
Otherwise, simply sit comfortably with a secure rental property. The home offers new carpet throughout, split system air conditioning, ceiling fans, and a gas heater. The main bedroom (with built-in robes) and good-sized living and dining room are located at the front of the home - alongside the remaining bedrooms and bathroom.
The kitchen features gas cooktop and wall oven and good cupboard space, and is next to the laundry with separate toilet, located at the rear of the home.
Outside there is a good-sized backyard, with some small established trees to provide a nice shady spot to relax. Alongside the home, there is a long, concreted driveway (where you could park several cars) that leads to a lock up 5m x 5.5m shed and provides secure vehicle storage.
Positioned less than 2km from Bendigo's renowned Pall Mall, and around 1km to Lake Weeroona this address is centrally located close to Bendigo's CBD, shops, cafes, schools and more making it a promising investment.
Property History for 5 Smith St, North Bendigo, VIC 3550
- 24 Oct 2022Sold for $480,000
- 12 May 2022Listed for Sale $485,000
- 01 Oct 2019Listed for Rent $300 / 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 2,434 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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