OFF MARKET

94/94 Marong Road
West Bendigo VIC 3550

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 1232m2
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Last updated 11 Nov 2024
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Property Details for 94/94-A Marong Rd, West Bendigo

94/94-A Marong Rd, West Bendigo is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1232m2.

Building Type
House
Land Size
1232m2
Local Government
Greater Bendigo

Last Listing description (July 2018)

Perched on an allotment of over 1200m2 is this prime opportunity to acquire a duel dwelling property only minutes to the CBD.
Perfectly suited as a solid investment, air B & B or a home with a unit at the rear for family members. The cottage boasts 3 bedrooms, all of good size. A large central living space, L shaped kitchen with Electric appliances and dishwasher. Bathroom with shower over the spa bath. Ducted heating and refrigerated wall cooling. Huge yard and a convenient 7.4m x 5.5m shed with power and concrete floor which can be directly accessed from Marong road. Currently leased at $260 per week.
The self contained unit boasts 2 generous bedrooms with a central living/kitchen area in the middle. Gas upright oven. Private veranda area and a private courtyard. Currently leased at $180 per week.

Combined rental income of $440 per week ($22,800 Gross PA), both properties are on the one title but a rear fence divides off the unit. Separate gas and electricity meters and combined water meter.
Rare opportunities like this are getting harder to find. Call Justin or Marc for more information today.

Property History for 94/94-A Marong Rd, West Bendigo, VIC 3550

A timeline of how this property has performed in the market
  • 09 May 2018
    Listed for Sale SOLD - $355,000

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About West Bendigo 3550

The size of West Bendigo is approximately 1.9 square kilometres. The population of West Bendigo in 2011 was 356 people. By 2016 the population was 375 showing a population growth of 5.3% in the area during that time. The predominant age group in West Bendigo is 50-59 years. Households in West Bendigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Bendigo work in a trades occupation. In 2011, 68.1% of the homes in West Bendigo were owner-occupied compared with 70.2% in 2016.

West Bendigo has 254 properties. Over the last 5 years, Houses in West Bendigo have seen a 51.44% increase in median value, while Units have seen a 48.24% increase. As at 31 October 2024:

  • The median value for Houses in West Bendigo is $605,409 while the median value for Units is $462,868.
There are currently 2 properties listed for sale, and no properties listed for rent in West bendigo on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in West bendigo.

Suburb Insights for West Bendigo 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.