OFF MARKET

25 Palm Avenue
Spring Gully VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 689m2
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Property Details for 25 Palm Ave, Spring Gully

25 Palm Ave, Spring Gully is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 689m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
2000
Floor Size
121m2
Land Size
689m2
Local Government
Greater Bendigo
Lot/Plan
3/PS403635

Last Listing description (September 2021)

Positioned in a quiet street location, this opportunity presents itself well for first home buyers, investors or those looking to downsize.
Set on a flat, generous 688m2 size block, this single storey 3 bedroom solid brick veneer home will give you considerable usage options. Move your family right in, or there's the option to rent out as the property has been a long term rental for the same respectful family.
All bedrooms contain built-in robes.

The kitchen is compact however well set out and complete with stainless steel appliances and dishwasher. Ample cupboard space allows for a family to be well catered for.
The open plan lounge/dining is spacious and includes gas heating, split system reverse cycle air conditioning along with evaporative cooling, thus offering year round climate control and comfort.
The enclosed drive through carport allows access to the large rear yard. Uses may include storage area for campervan, boat, trades vehicle or trailer.
There's plenty of additional area for a good size shed (STCA).
The outdoor living area includes a spacious pergola for hours of summer entertaining, and large shade trees make areas of the back yard a welcoming and enjoyable space.
Only a few minutes stroll to Flora Hill shopping precinct, Spring Gully Soccer & Tennis Clubs, schools, Latrobe University, sporting grounds and bushland reserves.

Property History for 25 Palm Ave, Spring Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$470,000
08 Mar 2021
Listed for Rent
$300/w
08 Apr 2011
  • 08 Mar 2021
    Sold for $470,000
  • 26 Feb 2021
    Listed for Sale $400,000 - $440,000
  • 26 Mar 2011
    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.