38 Peel StreetQuarry Hill VIC 3550
Property Details for 38 Peel St, Quarry Hill
38 Peel St, Quarry Hill is a 4 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1930. The property has a land size of 335m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (October 2022)
Indicative Sale Price $520,000 - $550,000
The allure of 'living centrally' is one of the reasons Quarry Hill has remained so popular generation after generation. Boasting an array of eclectic homes, the suburb is perennially prestigious, elegant and highly sought-after.
Positioned just a stroll from the Quarry Hill Golf Course, this appealing cottage is charmingly homely, and move-in ready. The potential is unlimited should you wish to renovate, however many will be pleased with the amenities as they currently stand.
On an easily maintained allotment of 336m2, the home is a wonderful Victorian residence, with a beautiful street presence. Beyond the neat picket fence, the front of the home is dressed in verandahs, where you can rest your feet and take in the glow of the distant lights and observe the changing of the seasons.
Classic Victorian elements include a formal entry, high 11' (3.2m) ceilings, timber wall panelling, picture rails and Baltic timber floors. The floor plan is currently arranged as four bedrooms, an office / rumpus, lounge, formal dining, and kitchen. However, renovations could see you create a totally new floor plan tailored to your desires.
The property has a very appealing 16m frontage and excellent vehicle access for off-street parking. The addition of a carport STCA would be a great value add, and would double as a covered outdoor entertaining area.
In a first-class position, the home is within walking distance of the CBD, Bendigo Marketplace, Railway Station, excellent restaurants and shopping, and some of Bendigo's leading primary and secondary schools.
Perhaps you will hold the property and reap the rewards of organic capital growth. You may choose to offer the home to the overnight accommodation market or for fixed term rental. Or you may renovate and embark on an inner-city lifestyle. Or perhaps you may take advantage of the excellent street exposure and parking for clients, and work from the property.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 38 Peel St, Quarry Hill, VIC 3550
- 03 Aug 2022Listed for Sale For Sale: $520,000 - $550,000
- 01 Jul 2020Sold for $345,000
- 18 Mar 2020Listed for Sale $355,000 - $375,000
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0About Quarry Hill 3550
The size of Quarry Hill is approximately 2.4 square kilometres. It has 4 parks covering nearly 27.1% of total area. The population of Quarry Hill in 2011 was 2,339 people. By 2016 the population was 2,343 showing a population growth of 0.2% in the area during that time. The predominant age group in Quarry Hill is 20-29 years. Households in Quarry Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Quarry Hill work in a professional occupation. In 2011, 61.9% of the homes in Quarry Hill were owner-occupied compared with 62.2% in 2016.
Quarry Hill has 1,292 properties. Over the last 5 years, Houses in Quarry Hill have seen a 51.89% increase in median value, while Units have seen a 47.92% increase. As at 30 September 2024:
- The median value for Houses in Quarry Hill is $567,082 while the median value for Units is $370,221.
- Houses have a median rent of $460 while Units have a median rent of $398.
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