OFF MARKET

7 Nyora Road
Poowong VIC 3988

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 229m2
Land area: 1035m2
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Property Details for 7 Nyora Rd, Poowong

Building Type
Commercial
Year Built
1978
Floor Size
229m2
Land Size
1035m2
Local Government
South Gippsland
Lot/Plan
1/TP95725

Last Listing description (August 2017)

Here is a rare opportunity to purchase residential and commercial property in one package right in the centre of the thriving small township of Poowong. Consisting of a well maintained brick residence and 3 separate commercial premises with a combined income of $600 per week you don't have to be a genius to work out this is good buying. Set on a large flat 1/4 acre block with front and rear access the 3 bedroom dwelling features open plan living, timber kitchen with electric cooking, dishwasher, pantry and plenty of cupboards, spacious L-shaped lounge, main bathroom with bath/shower, vanity and separate toilet. A second set of 'client' toilets are located outside. Outside you will find a full concrete driveway to the 2 car garage that also has front and rear access. The front of the building is divided into 3 commercial areas, two with main street frontage currently operating an accountants office, hair dresser and Bric-a-Brac shop. Inspection by appointment only with minimum 24 hours notice.

Property History for 7 Nyora Rd, Poowong, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$350,000
22 Jul 2017
  • 22 Jul 2017
    Sold for $350,000
  • 23 Jan 2017
    Listed for Sale $380,000 - $400,000
  • 12 Jun 2002
    Sold for $130,000

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About Poowong 3988

The size of Poowong is approximately 49.5 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Poowong in 2011 was 609 people. By 2016 the population was 637 showing a population growth of 4.6% in the area during that time. The predominant age group in Poowong is 60-69 years. Households in Poowong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Poowong work in a managers occupation. In 2011, 82.4% of the homes in Poowong were owner-occupied compared with 85.4% in 2016.

Poowong has 558 properties. Over the last 5 years, Houses in Poowong have seen a 80.83% increase in median value. As at 31 October 2024:

  • The median value for Houses in Poowong is $786,185 while the median value for Units is $294,477.
There are currently 7 properties listed for sale, and no properties listed for rent in Poowong on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Poowong.

Suburb Insights for Poowong 3988

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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.