OFF MARKET

6A Spring Gully Road
Quarry Hill VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 967m2
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Last updated 11 Nov 2024
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Property Details for 6a Spring Gully Rd, Quarry Hill

6a Spring Gully Rd, Quarry Hill is a 3 bedroom, 1 bathroom House. The property has a land size of 967m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Floor Size
122m2
Land Size
967m2
Local Government
Greater Bendigo
Lot/Plan
159~H/PP3473A

Last Listing description (September 2021)

Situated in a coveted location on the cusp of the Bendigo CBD is this sizeable 967m2 parcel with dual street frontage and a plethora of options available to a savvy buyer. Unleash the mountain of potential here as a top shelf investment opportunity, development site, or fabulous new home allotment the choice is yours and it's a win any way you look at it!

Flat and mostly cleared, the property offer street frontage to both Spring Gully Road and Carpenter Streets, making it easier to subdivide or gain rear access to your home site. The existing weatherboard home is in need of extensive cosmetic and structural renovation make no mistake, there is work to be done here but the end result could be worth it! Or, remove the dwelling altogether (STCA) and leave a sizeable blank canvass to develop.

In it's current form, the residence boasts two bedrooms off the central hallway, cosy lounge with gas log fire, basic kitchen with room for dining space, and a three piece bathroom, toilet, laundry and sleepout at the rear of the home. The yard is a blank canvass, currently only housing a garden shed and some random trees and shrubs.

Priced at land value in a market that is starved of titled land, it is very rare to find a large parcel this good in such a fabulous location. With multiple options available to invest or nest, this one will not last long. Call now to arrange an inspection time

Property History for 6a Spring Gully Rd, Quarry Hill, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$502,500
08 Sep 2021
Listed for Rent
$195/w
25 Sep 2014
  • 08 Sep 2021
    Sold for $502,500
  • 11 Aug 2021
    Listed for Sale $450,000
  • 24 Apr 2014
    Listed for Rent $195 / week
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About 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 51.47% increase in median value, while Units have seen a 46.70% increase. As at 31 October 2024:

  • The median value for Houses in Quarry Hill is $582,776 while the median value for Units is $362,963.
  • Houses have a median rent of $450 while Units have a median rent of $390.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Quarry hill on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Quarry hill.

Suburb Insights for Quarry Hill 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.