48 Murphy St, East Bendigo is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1196m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in East Bendigo in the last 12 months.
Dual-Income Corner Block with Approved Subdivision 101 Casey Street & 48 Murphy StreetA rare and versatile investment opportunity awaits with this dual-dwelling, duel income property on a spacious 1196m corner allotment, offered on a single title. Comprising two separate 2-bedroom, 1-bathroom homes, this property delivers immediate rental income and future development upside - complete with an approved planning permit for subdivision.Both dwellings are in original condition with some updates already completed, and all compliances current. Currently tenanted, the property's return a combined rental income of $750 per week ($39,000 p.a.), making it ideal for investors, developers, or owner-occupiers seeking strong holding income.Located in a prime position close to the CBD, local schools, hospital, and university, this property combines convenience, income, and future growth in one outstanding package.Key Features:Large 1196m corner allotment on a single titleTwo x 2-bedroom, 1-bathroom dwellingsPlanning permit approved for subdivisionCombined rental income of $750.Dwellings in original condition with updates and full compliancePrime location near CBD, schools, hospital, university & transportIdeal for investors, developers, or multi-generational livingOpportunities like this - with income, location, and approved potential - are extremely rare. Act now to secure this standout property with multiple pathways for return.
The size of East Bendigo is approximately 11.2 square kilometres. There are 2 parks, covering nearly 4.9% of the total area. The population of East Bendigo in 2016 was 2092 people. By 2021 the population was 2246 showing a population growth of 7.4% in the area during that time. The predominant age group in East Bendigo is 30-39 years. Households in East Bendigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Bendigo work in a professional occupation.In 2021, 60.50% of the homes in East Bendigo were owner-occupied compared with 61.20% in 2016.
East Bendigo has 2,197 properties. Over the last 5 years, Houses in East Bendigo have seen a 45.63% increase in median value, while Units have seen a 49.59% increase. As at 30 April 2026:
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