7/16 Stevenson StreetBendigo VIC 3550
Property Details for 7/16 Stevenson St, Bendigo
7/16 Stevenson 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 139m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (April 2024)
Whether you are looking to invest or to escape the rental merry-go-round, this unit is the perfect set and forget investment for the savvy investor or as an owner occupier for first home buyers, singles or couples. Investors will particularly be interested in the yield of approximately 5% with the unit currently returning $280pw and scope to increase this yield with an adjustment to the weekly rental amount.
The unit consists of kitchen with electric stove, a good amount of cupboards, bench space & pantry. The combined bathroom/laundry is equipped with shower vanity, trough, room for a washing machine & there is a separate toilet. The kitchen and bathroom are both serviceable as is, however do offer an opportunity for adding value through some basic cosmetic upgrades if you desire. The lounge is carpeted and has a door leading to the compact rear yard. Both bedrooms are generous in size, each with a 2 door built in robe. There are exposed beams throughout and a split system controls the comfort levels. A single carport provides undercover parking for 1 car.
The unit is set in a quiet, well-established area close to schools, public transport and only a short walk of just over a Kilometre into Bendigo CBD or 800m the Bendigo Hospital. It?s also less than 200m to the very popular Corner Store Caf? for the morning coffee or a lunch date.
Purchasing property at this price point is becoming harder and harder to find and with a location that is tough to beat, this unit presents a great opportunity. Be quick, as it?s certain that this property will not be available for long!
Property History for 7/16 Stevenson St, Bendigo, VIC 3550
- 09 Jun 2023Listed for Sale Not Disclosed
- 21 Mar 2023Sold for $320,000
- 06 Mar 2023Listed for Sale $310,000 - $330,000
Recent sales nearby
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0About Bendigo 3550
The size of Bendigo is approximately 5.5 square kilometres. There are 8 parks, covering nearly 8.8% of the 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 5,280 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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