SOLD
Sold on 05 Mar 2024 for $300,000

4 Paterson Street
Numurkah VIC 3636

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 1010m2
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Sold By
Jason Hicks
Kevin Hicks Real Estate
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Property Details for 4 Paterson St, Numurkah

4 Paterson St, Numurkah is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 1010m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Numurkah in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
53m2
Land Size
1010m2
Local Government
Moira
Lot/Plan
99/LP12169

Last Listing description (May 2024)

Currently set up as one title, total land size of 1015 sqm, with 2 x 2 bedroom units on-site and returning $180 per week each.
4 Paterson street has now an approved plan of sub-division behind it, offering an opportunity for the astute investor to sub-divide land off the back of this current investment. Approx. 445sqms of land with back access from Mckillop Way, Numurkah allows for easy access with a private driveway.
The two units are sitting on concrete stumps and have ample backyard access with front car parking currently to the front of each unit. An excellent location within walking distance to the main street for shopping, sporting clubs and schools. A huge demand for rentals in Numurkah will give you confidence for more unit sites or a townhouse style building with private street access.

- Units have 2 bedrooms, 1 bathroom and an open style kitchen, dining & lounge space
- Currently renting at $215 for unit 2 & $200 for unit 1 per week
- With unit two set to be vacant mid-April 2023 or happy to extend
- Established lawns and private driveway
- Walking distance to main street & shopping
- long term tenant- happy to stay on

Contact Jason Hicks for more information or to book an appointment on 0437 622 612

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Property History for 4 Paterson St, Numurkah, VIC 3636

A timeline of how this property has performed in the market
Last Sold
$300,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $300,000
  • 31 Jan 2023
    Listed for Sale $350,000
  • 07 Apr 2022
    Sold for $240,000
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About Numurkah 3636

The size of Numurkah is approximately 194.1 square kilometres. It has 8 parks covering nearly 0.4% of total area. The population of Numurkah in 2011 was 4,767 people. By 2016 the population was 4,481 showing a population decline of 6.0% in the area during that time. The predominant age group in Numurkah is 60-69 years. Households in Numurkah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Numurkah work in a labourer occupation. In 2011, 71.2% of the homes in Numurkah were owner-occupied compared with 70.4% in 2016.

Numurkah has 2,864 properties. Over the last 5 years, Houses in Numurkah have seen a 71.11% increase in median value, while Units have seen a 55.06% increase. As at 31 August 2024:

  • The median value for Houses in Numurkah is $365,592 while the median value for Units is $258,600.
  • Houses have a median rent of $440 while Units have a median rent of $285.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Numurkah on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Numurkah.

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