27/48 High StreetBendigo VIC 3550
Property Details for 27/48 High St, Bendigo
27/48 High St, Bendigo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 92m2.
Last Listing description (January 2015)
Invest in your future- 7.24% Rent Return!
A spacious 2 bedroom apartment ideal for investors wanting long term security and positive income stream with a rental income of $333 per week with NO deductions or management fees !
Located on the first floor, the open plan apartment boasts spacious family room, 6 seat dining area, kitchen with dishwasher, large balcony providing indoor, outdoor living & poolside views, ensuite to master & full laundry facilities.
Bendigo is Victoria's third largest urban centre, it boasts solid population growth and with ongoing development of infrastructure including a $5 billion Regional Rail Link it has become highly sought after by property investors.
Lease:
1st Term 30/03/2010 - 30/03/2015
Followed by further 4 x 5 Year Options
5% annual increases to the rent.
Market Review every 5th Year- Next review 30/03/2015
The vendor has recently undergone 1st stage of refurbishment works - total cost $5600.00.
Property History for 27/48 High St, Bendigo, VIC 3550
- 09 Sep 2014Listed for Sale 239000
Recent sales nearby
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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 5,224 properties. Over the last 5 years, Houses in Bendigo have seen a 21.85% increase in median value, while Units have seen a 51.32% increase. As at 30 April 2026:
- The median value for Houses in Bendigo is $642,994 while the median value for Units is $494,394.
- Houses have a median rent of $515 while Units have a median rent of $470.
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