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Back 2/3 Bailes St
Off Market

2/3 Bailes St

Bendigo VIC 3550

2
1
1
296 m²
Unit
Last sold for $390,000
Reecy OwinsReecy Owins, last sold this property on 23 June 2022 after 15 days on market.

Overview

Low Maintenance City-Fringe Unit.

Ideally positioned between the hospital and the city, this two-bedroom unit is ideal for the busy owner-occupier or a set-and-forget investment opportunity. The compact but comfy residence has a spacious lounge/dining separated from the kitchen by an island breakfast bar. The modest kitchen is functional with new vinyl flooring and an electric cooker, but some new cabinetry would top it off. New carpet graces the lounge and bedrooms. Both bedrooms have built-ins and enjoy easy access to the three-piece bathroom. Like the kitchen, it's functional but could be improved by a simple makeover. One of four units on the level lot each has a carport and a simple backyard. The key to its success lies in the city-edge position. The quiet backstreet is within a five-minute walk to the hospital precinct, Lake Weeroona, the Bendigo Creek Trail walking/cycling path and 1200 mts to the CBD – close enough to leave the car at home and walk to work. Add value to this already invaluable address by sprucing up the kitchen and bathroom.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
296 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Bendigo over the last 12 months, the estimated median property value of 2/3 Bailes St is $422k.

Median value
$422k
Estimated value range
$380k - $510k
Median days on market
34
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bendigo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/3 Bailes St

2022
Sold
$390,000
Private Sale/Treaty on 23 Jun 2022 by Reecy Owins, of Barry Plant Bendigo

Happy sellers in Bendigo

85%
85% of sellers in Bendigo reported that their sale price either exceeded or met their price expectations.

Bendigo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Bendigo over the last 12 months.

Local market activity for 2 bedroom units in Bendigo

In the last 12 months, 5 two-bedroom units similar to 2/3 Bailes St, have been sold.

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