39 Edward StreetRochester VIC 3561
Property Details for 39 Edward St, Rochester
39 Edward St, Rochester is a 3 bedroom, 1 bathroom House. The property has a land size of 1000m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Rochester in the last 12 months.
Last Listing description (May 2024)
This 3-bedroom, 1-bathroom property presents a unique opportunity for investors and renovators alike. Owner has started a subdivision process that is not yet complete that will see this lot being split into a 645m2 block with 3BR home stripped out and on concrete stumps, as well as a vacant block of 366m2 suitable to build a unit or shift in a home. Owner does have a home that can be transported to this block if this is something buyers want to discuss.
Features Include:
• 3 Bedrooms
• Concrete Stump Foundation
• Generous Lot Size 1011m2
• Solar Panels
• Prime Location across the road from primary and secondary schools.
• Ideal Investment Opportunity
• Partial Work Completed for Subdivision. Planning permits completed, approx. half of plumbing done.
• Open Carport with Roller Door
• 3-Bay Shed with Workshop, Concrete Floor, Sliding Door, and PA Door. Also one room that can be used as a bungalow/4th bedroom.
Contact Luke Ryan on 0438 841 127 to arrange an inspection and discuss this opportunity.
Property History for 39 Edward St, Rochester, VIC 3561
- 30 Apr 2024Sold for $200,000
- 11 Feb 2024Listed for Sale $250,000
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0About 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.
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