SOLD
Sold on 15 Apr 2024 for $650,000

1 Bennett Street
Noojee VIC 3833

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 703m2
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Property Details for 1 Bennett St, Noojee

Building Type
Commercial
Land Size
703m2
Local Government
Baw Baw
Lot/Plan
1~1/PP5600

Last Listing description (August 2019)

Investors and retirees are you looking for a unique investment or opportunity?
Excellent Freehold for sale with long term tenant in place plus the Noojee Post Office for you to consider.
Long term tenant The Little Red Duck Caf with a 5 x 5 x5 year lease that offer stability and secure rental return for many years. The freehold is also home to the Noojee Post Office that will offer the new owner a comfortable income.

Ideally suited for retirees or astute business operators who wish to slow down a little and still be active within the work environment and the local community.
Noojee has always been a special destination with consistent visitors to the area for fishing, camping and bushwalking to such areas as the Mt Baw Baw Snow fields, the Toorongo Water Falls and the Historical Trestle Bridge.

Property History for 1 Bennett St, Noojee, VIC 3833

A timeline of how this property has performed in the market
Last Sold
$650,000
15 Apr 2024
  • 15 Apr 2024
    Sold for $650,000
  • 14 Sep 2023
    Listed for Sale Investment $850,000
  • 23 Mar 2023
    Listed for Sale Investment $850,000
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About Noojee 3833

The size of Noojee is approximately 134.4 square kilometres. It has 4 parks covering nearly 83.5% of total area. The population of Noojee in 2011 was 280 people. By 2016 the population was 160 showing a population decline of 42.9% in the area during that time. The predominant age group in Noojee is 50-59 years. Households in Noojee are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Noojee work in a managers occupation. In 2011, 82.3% of the homes in Noojee were owner-occupied compared with 95.2% in 2016.

Noojee has 246 properties. Over the last 5 years, Houses in Noojee have seen a 76.29% increase in median value, while Units have seen a -30.50% decrease. As at 31 August 2024:

  • The median value for Houses in Noojee is $435,193 while the median value for Units is $97,870.
There are currently 7 properties listed for sale, and no properties listed for rent in Noojee on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Noojee.

Suburb Insights for Noojee 3833

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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.