SOLD
Sold on 09 Aug 2024 for $450,000

1/8 Spring Hill Drive
Spring Gully VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 303m2
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Property Details for 1/8 Spring Hill Dr, Spring Gully

1/8 Spring Hill Dr, Spring Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 303m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Spring Gully in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
91m2
Land Size
303m2
Local Government
Greater Bendigo
Lot/Plan
1/SP30522

Last Listing description (March 2019)

* Lovely Brick Veneer two bedroom unit.
* Both bedrooms have built in robes, main with ceiling fan.
* Large lounge with gas heating and refrigerated air conditioning.

* Bathroom has separate shower and bath, laundry with built in cupboards.
* Fantastic outdoor entertaining area, fully undercover, room for large outdoor table, pot plants and BBQ. Fully fenced yard with single lock up garage.
* Only two units on the block.
* Lovely unit and well worth an inspection.

Property History for 1/8 Spring Hill Dr, Spring Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$450,000
09 Aug 2024
Listed for Rent
$265/w
26 Feb 2019
  • 09 Aug 2024
    Sold for $450,000
  • 18 Feb 2019
    Listed for Rent $265 / week
  • 28 Sep 2016
    Listed for Rent - Price not available
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About Spring Gully 3550

The size of Spring Gully is approximately 7.8 square kilometres. It has 17 parks covering nearly 38.7% of total area. The population of Spring Gully in 2011 was 2,983 people. By 2016 the population was 2,994 showing a population growth of 0.4% in the area during that time. The predominant age group in Spring Gully is 50-59 years. Households in Spring Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spring Gully work in a professional occupation. In 2011, 73.8% of the homes in Spring Gully were owner-occupied compared with 73% in 2016.

Spring Gully has 1,653 properties. Over the last 5 years, Houses in Spring Gully have seen a 41.80% increase in median value, while Units have seen a 35.55% increase. As at 31 October 2024:

  • The median value for Houses in Spring Gully is $606,469 while the median value for Units is $358,033.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 7 properties listed for sale, and 1 property listed for rent in Spring gully on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Spring gully.

Suburb Insights for Spring Gully 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.