FOR SALE
$255,000

34 Victoria Street
Kerang VIC 3579

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 306m2
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Grand Location - Freehold Opportunity

Wonderful opportunity to secure a prime parcel of real estate located in the hub of Kerang CBD with excellent foot traffic being located next to the Chemist.
Victoria Street has seen recent beautification by the Shire Council and is most impressive.
Presently let to a Jeweller the property presents exceptionally well and has associated rooms together with amenities.
The property has the added bonus of rear access for convenience of merchandise deliveries.
The property is currently returning 6.3% on investment with a reliable tenant.
For inspections contact the team at GH Real Estate.

Property Details for 34 Victoria St, Kerang

Building Type
Commercial
Floor Size
220m2
Land Size
306m2

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About Kerang 3579

The size of Kerang is approximately 146.6 square kilometres. It has 8 parks covering nearly 0.9% of total area. The population of Kerang in 2011 was 3,872 people. By 2016 the population was 3,897 showing a population growth of 0.6% in the area during that time. The predominant age group in Kerang is 60-69 years. Households in Kerang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kerang work in a managers occupation. In 2011, 69.5% of the homes in Kerang were owner-occupied compared with 71.3% in 2016.

Kerang has 2,541 properties. Over the last 5 years, Houses in Kerang have seen a 85.67% increase in median value, while Units have seen a 72.11% increase. As at 30 November 2024:

  • The median value for Houses in Kerang is $302,632 while the median value for Units is $276,451.
  • Houses have a median rent of $290 while Units have a median rent of $230.
There are currently 44 properties listed for sale, and 4 properties listed for rent in Kerang on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Kerang.

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Graeme Hayes
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Graemem Hayes Real Estate
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