3125 Kulkyne WayColignan VIC 3494
Property Details for 3125 Kulkyne Way, Colignan
3125 Kulkyne Way, Colignan is a 8 bedroom, 4 bathroom Unit with 6 parking spaces. The property has a land size of 4388m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (March 2022)
Set on an expansive 1 acre allotment in a rare and unique rural setting just a short stroll to the mighty Murray River, is this outstanding 4 unit complex offering exceptional investment returns.
Hattah-Kulkyne Wilderness Lodge consists of four 2 bedroom, 1 bathroom fully furnished brick units serviced by split-system heating/cooling to provide all year round comfort.
Currently set up as workers accommodation with a lease agreement in place, returning $1,200 per week, this unique property becomes very appealing for astute purchasers.
The property has its own pump on the river which is an obvious bonus.
Do the sums, and whether you continue the property as is or explore other options if desired, an inspection is a must.
Property History for 3125 Kulkyne Way, Colignan, VIC 3494
- 01 Mar 2022Sold for $586,500
- 11 Jan 2022Listed for Sale $550,000 - $605,000
- 28 Nov 2011Sold for $270,000
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About Colignan 3494
The size of Colignan is approximately 90.4 square kilometres. It has 3 parks covering nearly 6.8% of total area. The population of Colignan in 2011 was 256 people. By 2016 the population was 316 showing a population growth of 23.4% in the area during that time. The predominant age group in Colignan is 20-29 years. Households in Colignan are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Colignan work in a labourer occupation. In 2011, 49.6% of the homes in Colignan were owner-occupied compared with 40.8% in 2016..
Colignan has 154 properties. Over the last 5 years, Houses in Colignan have seen a 97.14% increase in median value, while Units have seen a 68.75% increase. As at 31 October 2024:
- The median value for Houses in Colignan is $312,899 while the median value for Units is $366,403.
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