SOLD
Sold on 17 Jun 2024 for $510,000

18-24 Showground Road
West Wyalong NSW 2671

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3541m2
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Property Details for 18-24 Showground Rd, West Wyalong

Building Type
Commercial
Land Size
3541m2
Local Government
Bland
Lot/Plan
2/B/DP14629

Last Listing description (April 2023)

Be your own Boss in a business trading successfully since 2012.
In fact, this is one of the best we have seen in this category, a genuine multi income stream operation. Revenue is approaching $2M annually.
Services include: Retail passenger heavy vehicle and industrial tyres via the major international Dunlop brand.

Retail auto accessories and industry quality hardware.
Member of Tradesmart buying group.
Major Industrial gases agency. Rural on-site tyres installations, with no direct competition in this major regional area. Equipment est replacement value $350,000 includes a full range of workshop equipment plus two specialist on site service trucks.
West Wyalong (pop approx 5,000) is a major regional rural, highway and mining centre. Evolution mining at Lake Cowal is a major driver of the local economy, regardless of seasonal conditions etc. Another major local industry is Pace Farms, a major egg producer. Motels and Caravan parks do very well from the intersection of the Mid-Western and Newell Highways.
For Sale: Business: $370,000+ stock est $280,000
Rental $3,000/month + GST + outgoings.
Or Freehold additional $480,000

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Property History for 18-24 Showground Rd, West Wyalong, NSW 2671

A timeline of how this property has performed in the market
Last Sold
$510,000
17 Jun 2024
  • 17 Jun 2024
    Sold for $510,000
  • 19 Apr 2022
    Listed for Sale $850,000

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About West Wyalong 2671

The size of West Wyalong is approximately 801.3 square kilometres. It has 17 parks covering nearly 3.3% of total area. The population of West Wyalong in 2011 was 3,041 people. By 2016 the population was 3,123 showing a population growth of 2.7% in the area during that time. The predominant age group in West Wyalong is 0-9 years. Households in West Wyalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Wyalong work in a trades occupation. In 2011, 70.3% of the homes in West Wyalong were owner-occupied compared with 70.4% in 2016.

West Wyalong has 2,011 properties. Over the last 5 years, Houses in West Wyalong have seen a 50.67% increase in median value, while Units have seen a 42.27% increase. As at 30 November 2024:

  • The median value for Houses in West Wyalong is $268,423 while the median value for Units is $300,525.
  • Houses have a median rent of $480 while Units have a median rent of $235.
There are currently 29 properties listed for sale, and no properties listed for rent in West wyalong on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in West wyalong.

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