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Sold on 24 Apr 2024 - Price Unavailable

88 Albert Street
Creswick VIC 3363

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 670m2
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Property Details for 88 Albert St, Creswick

Building Type
Commercial
Floor Size
200m2
Land Size
670m2
Local Government
Hepburn
Lot/Plan
1/TP582246

Last Listing description (April 2024)

This prime retail property will be of interest to both investors and business owners alike. Located in the heart of Creswick, this property offers main road exposure and would be suitable for a variety of businesses; retail, office space, professional rooms or residence and sits at the front of a deep block with rear access.
The duplex building includes one shop space with separate entrances front and back and another including 3 main spaces(front space could be divided into 2 areas if required) as a reception space with a separate Toilet and Storeroom (currently no kitchen).

Rear access to staff parking.
Plenty of window frontage for large signage & loads of customer parking out front

Property History for 88 Albert St, Creswick, VIC 3363

A timeline of how this property has performed in the market
Last Sold
24 Apr 2024
Listed for Rent
$260/w
06 Aug 2020
  • 23 Apr 2024
    Sold for $400,000
  • 17 Apr 2020
    Listed for Rent $14,730 / year
  • 23 Dec 2003
    Sold for $450,000
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About Creswick 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2011 was 2,941 people. By 2016 the population was 3,171 showing a population growth of 7.8% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation. In 2011, 74.2% of the homes in Creswick were owner-occupied compared with 72.8% in 2016.

Creswick has 2,290 properties. Over the last 5 years, Houses in Creswick have seen a 34.61% increase in median value, while Units have seen a 8.33% increase. As at 31 October 2024:

  • The median value for Houses in Creswick is $498,142 while the median value for Units is $466,196.
  • Houses have a median rent of $410 while Units have a median rent of $250.
There are currently 59 properties listed for sale, and 4 properties listed for rent in Creswick on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Creswick.

Suburb Insights for Creswick 3363

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Contact agent
Katie Minchinton
Show contact details
Biggin Scott Ballarat & Creswick
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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.