16 Spring Gully RoadQuarry Hill VIC 3550
Property Details for 16 Spring Gully Rd, Quarry Hill
16 Spring Gully Rd, Quarry Hill is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 589m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Last Listing description (May 2024)
Conveniently positioned a mere five minutes from Bendigo's bustling CBD, this weatherboard home presents an enticing opportunity for both homeowners and investors alike. Featuring three bedrooms within the main residence and an additional attached one-bedroom unit, this property is currently occupied by reliable tenants, generating an immediate combined rental income of $450 per week, this property is a lucrative addition to any investment portfolio and warrants serious consideration. The home offers a light-filled lounge, where a gas heater and split system provide year-round comfort, functional kitchen with gas cooking facilities plus a separate dining room, original bathroom includes a shower over the bath, vanity and toilet along with an external laundry. The self-contained unit contains an open plan kitchenette/living space, spacious bedroom with ensuite. Externally, the property features a single carport and well-maintained gardens, adding to the overall appeal. Situated in a popular location, residents of this property enjoy easy access to all that Bendigo has to offer, including shopping precincts, cafes, La Trobe University, medical facilities, sports venues, and educational institutions. With its prime location and solid rental returns, this property represents an outstanding investment opportunity in one of Bendigo's most desirable areas. Don't miss your chance to explore all that this property has to offer.
Property History for 16 Spring Gully Rd, Quarry Hill, VIC 3550
- 10 Apr 2024Sold for $417,800
- 04 Apr 2024Listed for Sale $380,000 - $410,000
- 22 Dec 2021Listed for Rent $280 / week
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About Quarry Hill 3550
The size of Quarry Hill is approximately 2.4 square kilometres. It has 4 parks covering nearly 27.1% of total area. The population of Quarry Hill in 2016 was 2339 people. By 2021 the population was 2365 showing a population growth of 1.1% in the area during that time. The predominant age group in Quarry Hill is 10-19 years. Households in Quarry Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Quarry Hill work in a professional occupation.In 2021, 63.80% of the homes in Quarry Hill were owner-occupied compared with 62.20% in 2016.
Quarry Hill has 1,326 properties. Over the last 5 years, Houses in Quarry Hill have seen a 49.01% increase in median value, while Units have seen a 43.09% increase. As at 30 November 2025:
- The median value for Houses in Quarry Hill is $616,670 while the median value for Units is $420,317.
- Houses have a median rent of $498 while Units have a median rent of $430.
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