1081 Old Sturt Hwy, Berri is a 10 bedroom, 6 bathroom Unit with 24 parking spaces. The property has a land size of 10830m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
A rare opportunity to purchase a thriving backpacker's hostel accommodation business
Larger than normal and a larger than normal income that supports its business
Ideal location with walking distance into the township for seven day facilities
The size of Berri is approximately 12.1 square kilometres. It has 44 parks covering nearly 25.5% of total area. The population of Berri in 2011 was 4,101 people. By 2016 the population was 4,083 showing a population decline of 0.4% in the area during that time. The predominant age group in Berri is 60-69 years. Households in Berri are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Berri work in a labourer occupation. In 2011, 53.1% of the homes in Berri were owner-occupied compared with 53.3% in 2016.
Berri has 2,400 properties. Over the last 5 years, Houses in Berri have seen a 88.87% increase in median value, while Units have seen a 55.87% increase. As at 31 October 2024:
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