OFF MARKET

37 Mitchell Street
Colbinabbin VIC 3559

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1076m2
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Property Details for 37 Mitchell St, Colbinabbin

Building Type
Commercial
Land Size
1076m2
Local Government
Campaspe
Lot/Plan
1/TP531697

Last Listing description (June 2021)

Phone enquiries - please quote property ID 19641.

Set on the main strip of country town Colbinabbin, this large property is one not to be missed if you are looking for a rurally based home and income.

A generous size block with two tiles with the residence, multiple shedding and business/general store. This good sized home at the rear of the property is ready to live in or renovate and includes a large store at the front, to create income and business. Colbinabbin is an easy 40 minute drive from the center of Bendigo, and approximately 2 hours north of Melbourne CBD.

This property is close to local ovals and parks and a primary school, making it perfect for families or couples after the country lifestyle and want a guaranteed income. Strong sporting and social community.

The business operates as a general store with Post Office and Newsagency.

All being sold on a WIWO basis. So for those looking to move to this great country town, have no fear, as you will be guaranteed the income.

Property History for 37 Mitchell St, Colbinabbin, VIC 3559

A timeline of how this property has performed in the market
Last Sold
$230,000
02 Oct 2020
  • 02 Oct 2020
    Sold for $230,000
  • 25 May 2017
    Listed for Sale Not Disclosed
  • 10 Jul 2013
    Sold for $220,001
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About Colbinabbin 3559

The size of Colbinabbin is approximately 126.8 square kilometres. The population of Colbinabbin in 2011 was 295 people. By 2016 the population was 303 showing a population growth of 2.7% in the area during that time. The predominant age group in Colbinabbin is 0-9 years. Households in Colbinabbin are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Colbinabbin work in a managers occupation. In 2011, 81.3% of the homes in Colbinabbin were owner-occupied compared with 78.8% in 2016..

Colbinabbin has 192 properties. Over the last 5 years, Houses in Colbinabbin have seen a 35.55% increase in median value. As at 30 September 2024:

  • The median value for Houses in Colbinabbin is $322,030.
There are currently 5 properties listed for sale, and no properties listed for rent in Colbinabbin on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Colbinabbin.

Suburb Insights for Colbinabbin 3559

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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.