1 Premier StreetEchuca VIC 3564
Property Details for 1 Premier St, Echuca
1 Premier St, Echuca is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1950. The property has a land size of 970m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in May 2011.
Last Listing description (October 2020)
If you are looking for a solid investment opportunity with a proven rental history, then look no further than units 1-4 at 37 Premier Street Echuca. Situated in a convenient location with easy access to the town centre and situated close to Echuca Hospital, this block of 4 brick veneer units feature:
2 bedrooms
Electric cooking
Open plan lounge/kitchen/meals area
Private courtyard
Single Carport
With all 4 units securely tenanted at a rental rate of $240 per week and an annual gross rental return of $49,920, this is a prime opportunity to purchase a low maintenance property with proven investment potential.
Property History for 1 Premier St, Echuca, VIC 3564
- 03 Feb 2020Listed for Sale $750,000
- 20 Apr 2016Listed for Sale Auction - Enquiries Welcome
- 04 May 2011Sold for $290,000
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0About Echuca 3564
The size of Echuca is approximately 141.3 square kilometres. It has 39 parks covering nearly 3.4% of total area. The population of Echuca in 2011 was 13,707 people. By 2016 the population was 14,028 showing a population growth of 2.3% in the area during that time. The predominant age group in Echuca is 50-59 years. Households in Echuca are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Echuca work in a professional occupation. In 2011, 65% of the homes in Echuca were owner-occupied compared with 66% in 2016.
Echuca has 9,205 properties. Over the last 5 years, Houses in Echuca have seen a 60.75% increase in median value, while Units have seen a 69.80% increase. As at 31 October 2024:
- The median value for Houses in Echuca is $587,305 while the median value for Units is $419,594.
- Houses have a median rent of $865 while Units have a median rent of $1,474.
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