1 Watchem RoadBirchip VIC 3483
Property Details for 1 Watchem Rd, Birchip
Last Listing description (October 2019)
EXCLUSIVE TO CRE BROKERS
The recently renovated Birchip Hotel situated in the Mallee region of Victoria, sits proudly on the main entrance to town.
This double storey brick hotel comprising of a main bar with TAB, refurbished bistro, a second dining room, large beer garden with outdoor function space, excellent commercial kitchen and 17 upstairs accommodation rooms, has it all.
A great opportunity to purchase a very consistent business at an extremely realistic price.
Inspections strictly by appointment only.
Property History for 1 Watchem Rd, Birchip, VIC 3483
- 18 Sep 2018Listed for Sale FHGC $750,000
- 23 Sep 2016Sold for $325,000
- 08 Dec 2011Sold for $143,000
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0About Birchip 3483
The size of Birchip is approximately 114.4 square kilometres. It has 3 parks covering nearly 0.9% of total area. The population of Birchip in 2011 was 662 people. By 2016 the population was 727 showing a population growth of 9.8% in the area during that time. The predominant age group in Birchip is 60-69 years. Households in Birchip are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Birchip work in a managers occupation. In 2011, 73.7% of the homes in Birchip were owner-occupied compared with 74.4% in 2016.
Birchip has 533 properties. Over the last 5 years, Houses in Birchip have seen a 79.59% increase in median value, while Units have seen a -16.02% decrease. As at 31 October 2024:
- The median value for Houses in Birchip is $174,510 while the median value for Units is $491,618.
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