FOR SALE
Auction Fri. 22/11/2024

5 Demondrille Street
Young NSW 2594

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Land area: 455m2
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Auction Time
Fri 22 Nov 12:00 pm
Inspection Times
No upcoming inspections scheduled.
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The Old Milk Depot'' - Auction Price Guide $175,000-$190,000

This long held, 'old Milk Depot' is now being Auctioned subject to vacant possession in December, marking the end of an era.
Purpose-built and long held by the owner, this approx. 45sqm steel frame enclosure includes 2 x coolrooms plus toilet.
Occupying an approx. 455.3 sqm land area with 18m frontage on the corner of the laneway and practically level allotment.
Given its zoning and features of town water, sewer & 3 phase power all connected, the site is ripe for future redevelopment.
Continue under existing use as a cold storage or potential residential redevelopment site in this key, south side location.
Its owners are retiring and will meet the market on or before Auction and will facilitate a pre-Christmas settlement!
Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.

Property Details for 5 Demondrille St, Young

5 Demondrille St, Young is a 1 bedroom, 1 bathroom Other. The property has a land size of 455m2 and floor size of 45m2. The place is currently for sale with Ray White Young.

Building Type
Other
Floor Size
45m2
Land Size
455m2

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About Young 2594

The size of Young is approximately 367.1 square kilometres. It has 44 parks covering nearly 1.9% of total area. The population of Young in 2011 was 10,038 people. By 2016 the population was 10,305 showing a population growth of 2.7% in the area during that time. The predominant age group in Young is 0-9 years. Households in Young are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Young work in a labourer occupation. In 2011, 67.2% of the homes in Young were owner-occupied compared with 65.3% in 2016.

Young has 6,063 properties. Over the last 5 years, Houses in Young have seen a 71.65% increase in median value, while Units have seen a 87.93% increase. As at 31 October 2024:

  • The median value for Houses in Young is $453,843 while the median value for Units is $381,764.
  • Houses have a median rent of $400 while Units have a median rent of $275.
There are currently 91 properties listed for sale, and 13 properties listed for rent in Young on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Young.

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