OFF MARKET

55 Smith Street
North Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 857m2
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Property Details for 55 Smith St, North Bendigo

55 Smith St, North Bendigo is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 857m2. While the property is not currently for sale or for rent, it was last transferred in June 2021.

Building Type
House
Land Size
857m2
Local Government
Greater Bendigo
Lot/Plan
568L~K/PP3473A

Last Listing description (January 2018)

- Opportunity presents to buy a property with huge potential
- 2 bedroom cottage and yes it does need work but the fabulous land is in perfect condition
- Kitchen meals area and a separate lounge

- Workshop, single carport, garden shed and remnants of an old mud brick shed
- You know what they say about buying the worst home in the best street? This is a real gem for investors.
- Walk to the new hospital, Lake Weeroona and all amenities
- Highly regarded bluechip locale for developers and investors
- A very affordable price, almost land value only at this price and opportunity for rental yield
Make no mistake the home does need some tender loving care but it does have huge potential to return to its former glory or seek approval for demolition (STCA) and utilise the great block for a development site. The cute cottage is certainly good for restoration and can be the cutest home in the street if you wanted to take on the project.

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 169

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Property History for 55 Smith St, North Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Transferred
11 Jun 2021
  • 11 Jun 2021
    Transferred
  • 10 Jan 2018
    Sold for $178,000
  • 08 Dec 2017
    Listed for Sale $178,000 to $195,000

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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 2,422 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 19 properties listed for sale, and 1 property listed for rent in North bendigo on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in North bendigo.

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