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Overview
Generous corner allotment of approximately 960 square meters offers side access, excellent exposure, and strong future potential for development or enhancement.
The property features an original 1940s two-bedroom weatherboard home, presenting clear opportunities for renovation, improvement, and maximization of rental returns.
This flexible opportunity suits renovators, investors, developers, or land bankers, with potential options for subdivision or redevelopment, subject to council approval.
Additionally, the adjoining property at 3 Bannerman Street is also available, creating a rare chance to secure one or both sites in an established Bendigo location, enhancing the scope for future projects.
Local Market Insights
In Bendigo, Quiet Listings observed 71 new houses entering the market over the last 30 days, up from 62 during the previous 30-day period, with an average advertised asking price of $819,176. The property type mix of listed properties is predominantly Houses at 82%, followed by units (7%), and commercial properties (6%). PH Property was the most active agency in this area, representing 23.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $500,000 - $550,000 | |
| Corner Block Opportunity With Future Scope |
Location
Bendigo VIC 3550
Market Insights for Bendigo VIC 3550
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