OFF MARKET

4371 Midland Highway
Daylesford VIC 3460

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 8791m2
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Last updated 16 Sep 2024
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Property Details for 4371 Midland Hwy, Daylesford

4371 Midland Hwy, Daylesford is a 5 bedroom, 2 bathroom House. The property has a land size of 8791m2.

Building Type
House
Land Size
8791m2
Local Government
Hepburn

Last Listing description (October 2021)

A modern Fuel & Convenience outlet with adjacent service yard, new forecourt and canopy

Land area: 1,384 sqm*

Building area: 328sqm* (inc. Service Yard and Canopy)

Tenant: Metro Petroleum

Rental: $146,500* p.a. (plus any GST)

Lease term: 15 + 5 + 5 + 5 Years (comm. 23 December 2020)

Fixed annual increases of 3.3% and 5% (upon exercise of options)

Situated within "high demand" regional town with medium house price of $865,000 which is 54% above Regional Victoria's medium house price (Source: REIV)

Located approximately 1.2km from town centre

50% duty consession may apply - see https://www.sro.vic.gov.au/regional-commercial-industrial-and-extractive-industries-property-concession

Significant depreciation benefits available (subject to depreciation schedule)

Expressions of Interest closing Thursday 2nd September 2021 at 4pm.

Transaction Manager - Appel Property.

Property History for 4371 Midland Hwy, Daylesford, VIC 3460

A timeline of how this property has performed in the market
Listed for Rent
$600/w
08 Feb 2024
  • 05 Aug 2021
    Listed for Sale Contact Agent

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About Daylesford 3460

The size of Daylesford is approximately 36.1 square kilometres. It has 12 parks covering nearly 24.7% of total area. The population of Daylesford in 2011 was 2,567 people. By 2016 the population was 2,566 showing a population decline of 0.0% in the area during that time. The predominant age group in Daylesford is 60-69 years. Households in Daylesford are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Daylesford work in a professional occupation. In 2011, 66.6% of the homes in Daylesford were owner-occupied compared with 67.8% in 2016.

Daylesford has 2,730 properties. Over the last 5 years, Houses in Daylesford have seen a 41.24% increase in median value, while Units have seen a 9.82% increase. As at 31 August 2024:

  • The median value for Houses in Daylesford is $813,296 while the median value for Units is $502,476.
  • Houses have a median rent of $520 while Units have a median rent of $360.
There are currently 51 properties listed for sale, and 9 properties listed for rent in Daylesford on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Daylesford.

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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.