SOLD
RECENT ADVICE
Sold on 15 Mar 2024 for $97,500

69 Elizabeth Street
Edenhope VIC 3318

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 97m2
Land area: 238m2
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Property Details for 69 Elizabeth St, Edenhope

Building Type
Commercial
Floor Size
97m2
Land Size
238m2

Last Listing description (March 2024)

Located in the main street of Edenhope is this fantastic investment opportunity. Consisting of the Shopfront with its own toilet and shed/warehouse. Currently leased till Dec 2024 for $8820 per annum this will increase with CPI in June 2024, with a gross rental yield of 8.0% making this a perfect investment. This well-established shopfront located on the main street of Edenhope with minimal upkeep will not disappoint.
If you're looking for a solid investment call for an inspection today.

• Council Rates $1444.97 (paid by tenant)

• Water Rates $957.04 (paid by tenant)
• Current leased till Dec 2024 with option to extend
• Large Shed/Warehouse
• Toilet

Property History for 69 Elizabeth St, Edenhope, VIC 3318

A timeline of how this property has performed in the market
Last Sold
$97,500
15 Mar 2024
  • 07 Mar 2024
    Sold for $97,500
  • 20 Dec 2023
    Listed for Sale $110,000
  • 01 Feb 1985
    Sold for $42,000

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About Edenhope 3318

The size of Edenhope is approximately 498.7 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Edenhope in 2011 was 976 people. By 2016 the population was 943 showing a population decline of 3.4% in the area during that time. The predominant age group in Edenhope is 60-69 years. Households in Edenhope are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Edenhope work in a managers occupation. In 2011, 71% of the homes in Edenhope were owner-occupied compared with 74.7% in 2016.

Edenhope has 831 properties. Over the last 5 years, Houses in Edenhope have seen a 111.84% increase in median value, while Units have seen a 107.27% increase. As at 30 November 2024:

  • The median value for Houses in Edenhope is $254,284 while the median value for Units is $431,725.
  • Houses have a median rent of $273.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Edenhope on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Edenhope.

Suburb Insights for Edenhope 3318

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Sean Pollock
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Harcourts Horsham
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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.