Outstanding opportunity for enthusiastic persons to buy their own piece of commercial real estate.
Ouyen is a thriving Mallee township, strongly supported by surrounding farming communities situated on the Calder Highway,one hour south of Mildura. This could be the start to your portfolio. Approx 140 m2, this beautiful blue tile fronted shop is ideal for retail or community group use. Located next to the famous Ouyen Bakery, the property has previously been leased at $330 per month including GST. Your banker won't say no.
The size of Ouyen is approximately 1,533.4 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Ouyen in 2011 was 1,082 people. By 2016 the population was 1,195 showing a population growth of 10.4% in the area during that time. The predominant age group in Ouyen is 60-69 years. Households in Ouyen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ouyen work in a managers occupation. In 2011, 73.8% of the homes in Ouyen were owner-occupied compared with 75.4% in 2016.
Ouyen has 917 properties. Over the last 5 years, Houses in Ouyen have seen a 119.39% increase in median value, while Units have seen a 55.28% increase. As at 31 October 2024:
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