2/3 Bailes StreetBendigo VIC 3550
Property Details for 2/3 Bailes St, Bendigo
2/3 Bailes St, Bendigo is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 286m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (November 2022)
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.
Property History for 2/3 Bailes St, Bendigo, VIC 3550
- 21 Jun 2022Sold for $390,000
- 08 Jun 2022Listed for Sale $350,000 - $385,000
- 06 Nov 2018Listed for Rent $240 / week
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0About Bendigo 3550
The size of Bendigo is approximately 5.5 square kilometres. It has 8 parks covering nearly 8.8% of total area. The population of Bendigo in 2016 was 5512 people. By 2021 the population was 5652 showing a population growth of 2.5% in the area during that time. The predominant age group in Bendigo is 20-29 years. Households in Bendigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bendigo work in a professional occupation.In 2021, 53.30% of the homes in Bendigo were owner-occupied compared with 53.70% in 2016.
Bendigo has 5,214 properties. Over the last 5 years, Houses in Bendigo have seen a 28.94% increase in median value, while Units have seen a 57.99% increase. As at 28 February 2026:
- The median value for Houses in Bendigo is $626,725 while the median value for Units is $474,557.
- Houses have a median rent of $500 while Units have a median rent of $470.
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