53 Powells Avenue, East Bendigo, VIC 3550 | Property Value & History | OnTheHouse
OFF MARKET

53 Powells Avenue
East Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 3m2
Land area: 8090m2
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Property Details for 53 Powells Ave, East Bendigo

Building Type
Commercial
Floor Size
3m2
Land Size
8090m2
Local Government
Greater Bendigo
Lot/Plan
CP152589

Last Listing description (December 2016)

- One owner for the past 21 years, the time has arrived for this property to pass on to a new enterprising owner.
- Those with ambition and foresight will appreciate this opportunity to invest in what is an increasingly rare commodity underdeveloped land in Central Bendigo.
- Measuring 2 acres the site is zoned Industrial 3 with existing Residential use rights and potential two road frontage.

- The property is ideally suited for a mechanic or tradesperson wanting to work from home.
- The three bedroom home is suitable to owner occupy or lease to tenants.
- Alternatively, the home may be put to use as office and showroom space with staff facilities.
- Secure workshop, factory with car service bays plus facilities formerly leased as a gym and ideal for a tenant seeking a premises for personal training or a dance studio etc. Alternatively, a great secure storage area for stock and equipment.
- High profile Powells Avenue frontage and plenty of space for private off-street parking and additional portable storage units.
- Potential to further develop (STCA) and value add now or at a time of your choosing.

Property History for 53 Powells Ave, East Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$750,000
21 Dec 2016
Listed for Rent
$265/w
07 Aug 2014
  • 21 Dec 2016
    Sold for $750,000
  • 08 Mar 2016
    Listed for Sale Selling Now: $750,000 - $800,000
  • 27 Jun 2014
    Listed for Rent $265 / week
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About East Bendigo 3550

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 2,226 properties. Over the last 5 years, Houses in East Bendigo have seen a 42.48% increase in median value, while Units have seen a 30.71% increase. As at 31 July 2026:

  • The median value for Houses in East Bendigo is $659,199 while the median value for Units is $456,650.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 4 properties listed for rent in East bendigo on OnTheHouse. According to Cotality's data, 98 properties were sold in the past 12 months in East bendigo.

Suburb Insights for East Bendigo 3550

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.