FOR SALE
$440,000

50 Edgar Street
Heywood VIC 3304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 581m2
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Prominent Position (Freehold Only)

Excellent opportunity to purchase this prominent commercial property located just off the main highway in the heart of Heywood's CBD. The property is showing solid returns with some long term tenants in place and includes car parking at the rear of the property.

Property Details for 50 Edgar St, Heywood

Building Type
Commercial
Floor Size
581m2

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About Heywood 3304

The size of Heywood is approximately 252.9 square kilometres. It has 6 parks covering nearly 24.3% of total area. The population of Heywood in 2011 was 1,725 people. By 2016 the population was 1,734 showing a population growth of 0.5% in the area during that time. The predominant age group in Heywood is 50-59 years. Households in Heywood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heywood work in a machinery operators and drivers occupation. In 2011, 73.5% of the homes in Heywood were owner-occupied compared with 74.9% in 2016.

Heywood has 1,144 properties. Over the last 5 years, Houses in Heywood have seen a 95.67% increase in median value, while Units have seen a 72.76% increase. As at 31 August 2024:

  • The median value for Houses in Heywood is $344,657 while the median value for Units is $248,409.
  • Houses have a median rent of $255.
There are currently 25 properties listed for sale, and no properties listed for rent in Heywood on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Heywood.

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Katrina Nash
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