3/3 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 219m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Ideally positioned close to the hospital and the city, this two-bedroom unit is a low-budget buy for your first-time purchase, a downsizer/pensioner pad or a set-and-forget investment opportunity with excellent tenant appeal.
The compact residence has a spacious lounge/dining separated from the kitchen by an island breakfast bar. The modest kitchen is functional with electric cooking and ample cabinetry.
Both bedrooms have built-ins and enjoy easy access to the three-piece bathroom, while a separate laundry off the kitchen has access to the no-maintenance rear yard.
The rear unit of four on the level lot includes a single carport and visitor parking space.
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 everything.
This is a golden opportunity to purchase well-located real estate at a realistic price and reap the rewards of an easy, carefree lifestyle or a solid rental.
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:
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