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Sold on 04 Dec 2023 - Price Unavailable

12 Echuca Road
Rochester VIC 3561

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 1152m2
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Property Details for 12 Echuca Rd, Rochester

12 Echuca Rd, Rochester is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1152m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 6 bedroom Unit sold in Rochester in the last 12 months.

Building Type
Unit
Land Size
1152m2
Local Government
Campaspe
Lot/Plan
4/PS600818

Last Listing description (December 2023)

Here's your chance to turn a blank canvas into a lucrative investment opportunity! We present to you three attached brick veneer units, set on a concrete slab. These units were affected by the October 2022 floods and have been stripped down to their frames, making them the perfect renovation project. The core of these units remains strong, with solid brick veneer construction on concrete slab. Each unit features 2 bedrooms, 1 bathroom, kitchen and living area and a double carport at the end of the building. Currently a blank canvas, these units await your creative vision and design expertise, transform them into comfortable and attractive living spaces that will attract tenants seeking fresh accommodation in close walking distance to shops. These units sit on a spacious allotment of 1,152 m2, offering ample outdoor space for future landscaping or additional developments. Good fencing surrounds the property, providing privacy and security and two good size sheds are included with this property.
An ideal investment opportunity once renovated, with the potential to secure three separate rental incomes at around the $240 per week each once restored. It's a promising project for those looking to enter the property market or expand their investment portfolio. To discuss the potential and possibilities of this property, contact Luke Ryan on 0438 841 127.

Property History for 12 Echuca Rd, Rochester, VIC 3561

A timeline of how this property has performed in the market
Last Sold
04 Dec 2023
  • 27 Nov 2023
    Sold for $270,000
  • 05 Oct 2023
    Listed for Sale $270,000
  • 22 Feb 2019
    Sold for $260,000
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About Rochester 3561

The size of Rochester is approximately 86.4 square kilometres. It has 9 parks covering nearly 4.3% of total area. The population of Rochester in 2011 was 3,135 people. By 2016 the population was 3,100 showing a population decline of 1.1% in the area during that time. The predominant age group in Rochester is 50-59 years. Households in Rochester are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rochester work in a managers occupation. In 2011, 77.5% of the homes in Rochester were owner-occupied compared with 76.3% in 2016.

Rochester has 1,875 properties. Over the last 5 years, Houses in Rochester have seen a 45.79% increase in median value, while Units have seen a 55.60% increase. As at 31 October 2024:

  • The median value for Houses in Rochester is $330,249 while the median value for Units is $299,039.
  • Houses have a median rent of $495 while Units have a median rent of $175.
There are currently 95 properties listed for sale, and 1 property listed for rent in Rochester on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Rochester.

Suburb Insights for Rochester 3561

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Luke Ryan
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Luke Ryan Real Estate
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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.