2/3 Weatherall StreetCalifornia Gully VIC 3556
Property Details for 2/3 Weatherall St, California Gully
2/3 Weatherall St, California Gully is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 533m2.
Last Listing description (July 2021)
This cash positive property provides an ideal investment opportunity with excellent return ($395 total per week rent, $20,540 per year). The home has been renovated to include two self contained one bedroom units, each with its own bathroom & laundry. The refurbished, fresh & modern front unit offers a new galley kitchen with built in pantry & electric oven with gas cooktop, a gas wall furnace & ceiling fans as well as built in robes & an airconditioner in the bedroom.The rear unit has a combined kitchen/living area with electric stove, a split system, gas wall furnace & built-in robes & ceiling fan in the bedroom. A single carport each (with attached storage) can be found in the generous backyard, while the front unit also has a secure, fully fenced yard of its own. Close to schools, shops & transport & just over 3kms to Bendigo CBD, this property is currently let to long term tenants, making it an excellent opportunity to get into the Bendigo market while immediately receiving a cash positive return on your investment. All new state compliance has been addressed with electrical/gas safety checks & there is no requirement for another 2 years.
Property History for 2/3 Weatherall St, California Gully, VIC 3556
- 19 May 2021Listed for Sale $345,000-$360,000
Recent sales nearby
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0About California Gully 3556
The size of California Gully is approximately 3.7 square kilometres. There are 7 parks, covering nearly 6.1% of the total area. The population of California Gully in 2016 was 4363 people. By 2021 the population was 4476 showing a population growth of 2.6% in the area during that time. The predominant age group in California Gully is 10-19 years. Households in California Gully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in California Gully work in a labourer occupation.In 2021, 63.00% of the homes in California Gully were owner-occupied compared with 61.30% in 2016.
California Gully has 2,332 properties. Over the last 5 years, Houses in California Gully have seen a 50.05% increase in median value, while Units have seen a 45.25% increase. As at 31 July 2026:
- The median value for Houses in California Gully is $568,656 while the median value for Units is $429,541.
- Houses have a median rent of $490 while Units have a median rent of $430.
Suburb Insights for California Gully 3556
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