54 Wellington St, Kerang is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 324m2 and floor size of 280m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Located in the heart of the CBD of Kerang is this great opportunity to secure a prime commercial property, with a northerly aspect, 4 offices and a store room, kitchenette and offers rear parking and access.
Good investment opportunity that is currently tenanted and returning appropriately 7% per annum, or a great chance to relocate or a start up site with high visibility.
The size of Kerang is approximately 146.6 square kilometres. It has 8 parks covering nearly 0.9% of total area. The population of Kerang in 2011 was 3,872 people. By 2016 the population was 3,897 showing a population growth of 0.6% in the area during that time. The predominant age group in Kerang is 60-69 years. Households in Kerang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kerang work in a managers occupation. In 2011, 69.5% of the homes in Kerang were owner-occupied compared with 71.3% in 2016.
Kerang has 2,541 properties. Over the last 5 years, Houses in Kerang have seen a 88.46% increase in median value, while Units have seen a 59.28% increase. As at 31 October 2024:
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