85 Darnum-Allambee RoadDarnum VIC 3822
Property Details for 85 Darnum-Allambee Rd, Darnum
Last Listing description (September 2023)
5.2-5.8% Nett Yield
Just over 4 acres
Zoned Township - Potential to develop (STCA)
CPI increases annually
Timber yard business since 1986
1.1 kms to Darnum Primary School, General Store & M1 freeway access
Great tenant with solid lease arrangement 3 year term expiring 16/12/24 with a further 3 year term available
$77,329.92 p.a NETT
Robot Building Supplies is an Australian owned family business with extensive experience in the supply of building products for over sixty years.
Property History for 85 Darnum-Allambee Rd, Darnum, VIC 3822
- 21 Jul 2023Sold for $1,350,000
- 16 May 2022Listed for Sale CONTACT AGENT
- 09 Mar 2018Listed for Sale $499,000
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0About Darnum 3822
The size of Darnum is approximately 38.3 square kilometres. The population of Darnum in 2011 was 668 people. By 2016 the population was 750 showing a population growth of 12.3% in the area during that time. The predominant age group in Darnum is 10-19 years. Households in Darnum are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Darnum work in a trades occupation. In 2011, 90% of the homes in Darnum were owner-occupied compared with 86.7% in 2016.
Darnum has 361 properties. Over the last 5 years, Houses in Darnum have seen a 63.94% increase in median value. As at 31 October 2024:
- The median value for Houses in Darnum is $720,909 while the median value for Units is $470,282.
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