OFF MARKET

48-50 Federation Street
Patchewollock VIC 3491

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1498m2
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Property Details for 48-50 Federation St, Patchewollock

Building Type
Commercial
Land Size
1498m2
Local Government
Yarriambiack
Lot/Plan
4~2/LP10430

Last Listing description (August 2022)

Senior Real Estate Brett Driscoll at Ray White Mildura proudly presents for sale this property offering two Titles, located on the main highway in Patchewollock and situated on a combined 1,500m2. With rear lane access and additional vacant land, this presents the possibility for accommodation or additional shedding. Large 15m x 22m (approx) shed previously utilised as a mechanics (with car hoist) and office. Rental appraisal $120 per week ($520 per month), presenting a potential 9%+ return. Set up a business, utilise as storage or use as an investment. With such an affordable purchase price, buy this with your lunch money!

Property History for 48-50 Federation St, Patchewollock, VIC 3491

A timeline of how this property has performed in the market
Last Sold
$57,250
30 Aug 2022
  • 30 Aug 2022
    Sold for $57,250
  • 16 Aug 2022
    Transferred
  • 19 May 2022
    Listed for Sale $69,000
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About Patchewollock 3491

The size of Patchewollock is approximately 1,144.2 square kilometres. It has 12 parks covering nearly 52.9% of total area. The population of Patchewollock in 2011 was 432 people. By 2016 the population was 119 showing a population decline of 72.5% in the area during that time. The predominant age group in Patchewollock is 50-59 years. Households in Patchewollock are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Patchewollock work in a managers occupation. In 2011, 81.9% of the homes in Patchewollock were owner-occupied compared with 72.8% in 2016..

Patchewollock has 194 properties. Over the last 5 years, Houses in Patchewollock have seen a 44.95% increase in median value. As at 30 November 2024:

  • The median value for Houses in Patchewollock is $165,425 while the median value for Units is $236,988.
There are currently 2 properties listed for sale, and no properties listed for rent in Patchewollock on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Patchewollock.

Suburb Insights for Patchewollock 3491

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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.