SOLD By Georgia Weston
Ideal opportunity, perfect for an owner occupier, or purchase as a commercial investment.
This commercial unit is one of a group of nine commercial units with a mix of retail and service business some having been established in the area for over two decades.
The size of Balhannah is approximately 30.8 square kilometres. It has 12 parks covering nearly 2.9% of total area. The population of Balhannah in 2011 was 1,075 people. By 2016 the population was 1,599 showing a population growth of 48.7% in the area during that time. The predominant age group in Balhannah is 50-59 years. Households in Balhannah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balhannah work in a professional occupation. In 2011, 77.8% of the homes in Balhannah were owner-occupied compared with 78.9% in 2016.
Balhannah has 822 properties. Over the last 5 years, Houses in Balhannah have seen a 74.80% increase in median value, while Units have seen a 57.26% increase. As at 30 November 2024:
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