SOLD
Sold on 06 Nov 2023 for $1,361,500

53 Victoria Street
Warwick QLD 4370

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 809m2
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Property Details for 53 Victoria St, Warwick

Building Type
Commercial
Land Size
809m2
Local Government
Southern Downs Regional
Lot/Plan
2/RP5718

Last Listing description (November 2021)

53 On Victoria Motel comprises of a 4 star complex with 6 self-contained guest rooms, a managers office, reception and laundry plus parking for approximately 8 vehicles.

The site is level with the street level, is regular in shape and has frontage of 20.5 m to Victoria Street.

Centrally located in the CBD, this motel is convenient to everything. Its location, combined with its many features, make it a consistently popular choice for both business and leisure travellers.

FOR SALE
Offers are encouraged on the entire block of 6 units on a total of 809sq m of land. The vendor is also happy to offer for sale the tenanted house on 860sq m directly behind the motel to extend the business in the future.

Property History for 53 Victoria St, Warwick, QLD 4370

A timeline of how this property has performed in the market
Last Sold
$1,361,500
06 Nov 2023
  • 06 Nov 2023
    Sold for $1,361,500
  • 15 Sep 2021
    Sold for $875,000
  • 15 Jun 2019
    Listed for Sale Not Disclosed
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About Warwick 4370

The size of Warwick is approximately 25.9 square kilometres. It has 19 parks covering nearly 7.8% of total area. The population of Warwick in 2011 was 12,357 people. By 2016 the population was 12,216 showing a population decline of 1.1% in the area during that time. The predominant age group in Warwick is 0-9 years. Households in Warwick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warwick work in a labourer occupation. In 2011, 59.7% of the homes in Warwick were owner-occupied compared with 58.3% in 2016.

Warwick has 6,806 properties. Over the last 5 years, Houses in Warwick have seen a 88.67% increase in median value, while Units have seen a 25.00% increase. As at 31 July 2024:

  • The median value for Houses in Warwick is $438,586 while the median value for Units is $301,448.
  • Houses have a median rent of $470 while Units have a median rent of $330.
There are currently 99 properties listed for sale, and 18 properties listed for rent in Warwick on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Warwick.

Suburb Insights for Warwick 4370

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.