OFF MARKET

189 Day Avenue
Omeo VIC 3898

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3750m2
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Property Details for 189 Day Ave, Omeo

Building Type
Commercial
Year Built
1940
Land Size
3750m2
Local Government
East Gippsland
Lot/Plan
2/PS349806

Last Listing description (September 2017)

Aptly Described As The Gateway To The Snowfields, High Plains, Camping, 4x4, Horse Riding, Bushwalking & Fishing - An Overall Tourist Mecca.
The Recently Refurbished Hotel Offers 2 Luxury Spa Units, 13 Motel Rooms & 6 Traditional Hotel Rooms.
It Has An Enviable Reputation For Meals & Exclusive Service Which Is Far Reaching.

Virtually Run Under Management It Produces A Healthy Income Leaving The Owner Time To Experience What The Location Has To Offer.
The Long Lease, Market Rental & Purchase Price Make This An Extremely Attractive Lifestyle Change.
3 Phase Power, Airconditioning, Grease Trap

Property History for 189 Day Ave, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$575,000
03 Dec 2007
Listed for Rent
$728/w
20 Sep 2017
  • 27 Mar 2017
    Listed for Rent $380,000 / year
  • 08 Jul 2016
    Listed for Sale $380,000 PLUS SAV
  • 03 Dec 2007
    Sold for $575,000

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About Omeo 3898

The size of Omeo is approximately 587.9 square kilometres. It has 6 parks covering nearly 87.8% of total area. The population of Omeo in 2011 was 488 people. By 2016 the population was 388 showing a population decline of 20.5% in the area during that time. The predominant age group in Omeo is 60-69 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation. In 2011, 69.6% of the homes in Omeo were owner-occupied compared with 70.3% in 2016.

Omeo has 651 properties. Over the last 5 years, Houses in Omeo have seen a 78.80% increase in median value, while Units have seen a 234.79% increase. As at 31 October 2024:

  • The median value for Houses in Omeo is $383,299 while the median value for Units is $242,902.
  • Houses have a median rent of $220.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Omeo on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Omeo.

Suburb Insights for Omeo 3898

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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.