54 Baynes StreetRochester VIC 3561
Property Details for 54 Baynes St, Rochester
54 Baynes St, Rochester is a 3 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 953m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (June 2022)
Here's an investment opportunity to buy low cost units situated in a quiet street in the township of Rochester on one title. Units 1 & 2 are the same size and layout consisting of two bedrooms, open plan kitchen /dining/ living, bathroom and laundry. Reverse cycle split systems installed in the lounge rooms and both units are currently tenanted at $180 per week. Third building is a duplex style with 2 x 1 bedroom units, these units are requiring work and are not tenanted. Property is well fenced and has an approx. 6m x 8m concreted shed in the backyard for storage. Very good opportunity for an investor to purchase this property and plenty of scope to improve current tenancy and returns on investment.
Call Luke Ryan on 0438 841 127 to arrange inspection of this property.
Property History for 54 Baynes St, Rochester, VIC 3561
- 08 Apr 2022Sold for $330,000
- 23 Mar 2022Listed for Sale SOLD - Price Withheld
- 19 Jul 2007Sold for $195,000
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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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