60 Wellington StreetKerang VIC 3579
Property Details for 60 Wellington St, Kerang
Last Listing description (December 2023)
Looking for a small business start up or investment option? look no further.
This building is very well positioned with the ability to return 6 to 7% on investment.
Currently owner occupied with premises to be sold vacant possession.
Property History for 60 Wellington St, Kerang, VIC 3579
- 24 Nov 2023Sold for $137,500
- 28 Aug 2023Listed for Sale $150,000
- 10 Jan 2022Sold for $79,500
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About Kerang 3579
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:
- The median value for Houses in Kerang is $302,851 while the median value for Units is $273,637.
- Houses have a median rent of $290 while Units have a median rent of $225.
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