Back 55 Egan St
Off Market

55 Egan St

Richmond VIC 3121

2
1
174 m²
House
Edward HobbsEdward Hobbs, last sold this property on 14 November 2022 after 18 days on market.

Overview

SPACIOUS VICTORIAN COTTAGE ON 174SQM

Wrapping up immediate appeal, exciting potential and a fabulous location in one rare & irresistible package, this freestanding Victorian cottage home will shout out to a range of buyers. Genuinely comfortable yet with plenty of scope to update, the much-loved home is embraced by a private urban garden thanks to the 174sqm (approx) of north-facing land. - A practical and spacious layout that includes a generous living room along with a separate dining area and two double bedrooms. - Bright kitchen boasting a contemporary stainless steel dishwasher along with a walk-in pantry and plenty of storage. - Good-sized private urban garden offering plus a well-lit indoor-outdoor space give a blank canvas to create elegant alfresco settings. - Retro central bathroom complete with bath (instant hot water), a separate laundry plus great insulation, central heating and split system air-conditioning. - Option to enhance capitalising on the high ceilings and light-filled rooms of the existing accommodation – perfect opportunity for young buyers, renovators or investors. Located in a treed sought-after street without the stressful parking competition of many other Richmond streets this period weatherboard home is just steps to West Richmond station, within a walk of restaurants, trams and shops as well as the MCG and surrounding parklands – while the CBD is also easily reachable by public transport. Apart from immediately providing endearing, private and comfortable accommodation to live in or rent, 55 Egan street's incredible core value lies in its nice sized unencumbered free hold block of land so close to the heart of Melbourne in a street with its very own train station. This is a time proven capital gaining asset that will easily beat inflation for its lucky owners in the years to come. Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Features

2 bedrooms
1 bathroom
174 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Richmond over the last 12 months, the estimated median property value of 55 Egan St is $1.2m.

Median value
$1.2m
Estimated value range
$718k - $1.75m
Median days on market
23
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. 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 55 Egan St

2022
Sold
Undisclosed
Sold Before Auction on 14 Nov 2022 by Edward Hobbs, of BigginScott Richmond
2020
Rented
Undisclosed
Leased on 10 Jan 2020 by BigginScott Richmond

Happy sellers in Richmond

91%
91% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 29 reviews in Richmond over the last 12 months.

Local market activity for 2 bedroom houses in Richmond

In the last 12 months, 115 two-bedroom houses similar to 55 Egan St, have been sold.

This represents a 2% increase in two-bedroom houses sales when compared to the previous 12 months.

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