9 Ryan StreetNorth Bendigo VIC 3550
Property Details for 9 Ryan St, North Bendigo
9 Ryan St, North Bendigo is a 3 bedroom, 1 bathroom House. The property has a land size of 1070m2 and floor size of 266m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (June 2022)
- Inner city block of land with an old renovator requiring a complete refit -massive potential for the investor!
- Ideal block for sub-division to maximise returns on your investment- potential to fit three or four townhouses after removal of the existing home
- Perfect opportunity to renovate the existing home as a project and take advantage of the hot property market
- Ideal for those wanting to restore the home or alternatively clear the block and sub-divide to build units or townhouses (STCA)
- The block size is 1,107m2 in a blue chip locale - close to the Hospital and CBD! This renovator is being sold for land value
- Extremely high profile location-3.0 klm walk to Central Bendigo, CBD, train station and all amenities
- A short walk to Lake Weeroona, Rosalind Park, Train station, Hospital, Arts precinct & CBD
- This is one of Bendigo's best locations without question for inner city living and those that take on a development will be rewarded. A very highly regarded and desirable location
- Excellent area for capital growth and good yields
- Realistically the block of land presents excellent opportunities for development as opposed to renovating the existing home. The price is negotiable and by way of example a 303m2 block of land in the area was sold by us recently for $350,000. So this land allotment is very good value!
A superb opportunity presents to buy a quarter acre block with a renovator on the doorstep of the CBD. You also have with this block the flexibility to renovate or detonate the existing home and build new townhouses on site.
Property Code: 696
Property History for 9 Ryan St, North Bendigo, VIC 3550
- 21 Jun 2022Sold for $455,000
- 13 Jun 2022Listed for Sale $460,000 to $495,000
- 20 May 2011Listed for Sale $289,000- + GST
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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.
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