38 Darlington Rd, Stawell is a 5 bedroom, 2 bathroom House. The property has a land size of 1061m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Stawell in the last 12 months.
*PRICED TO SELL!
Welcome to 38 and 38a Darlington Road, a captivating investment opportunity nestled in the heart of the booming regional town of Stawell. This property boasts a unique combination of charm and modernity, offering a front cottage with a retro country feel, a back cottage featuring a modern vintage design, and a spacious bungalow with versatile potential. Situated on a generous 1061m2 block with Grampians views, the meticulously restored houses and beautiful landscaping set the stage for a lucrative long-term rental income.
PROPERTY HIGHLIGHTS
MARKET OPPORTUNITIES
Markets due to Proximity and Demand: AirBNB (Tourism), Large Extended Families, Groups Co-Buying Property, Granny Flat or Investor Townhouse Development (back block), Stawell Gold Mine (Incoming Workers), Solar and Wind Farm (Worker Groups), Abattoir Workers (Frews Foods), Insurance Industries (Short-term Placements), Small Business (E.g. Gym marketing companies).
38 and 38a Darlington Road is an enticing investment opportunity, offering a multitude of possibilities for savvy investors. Tap into the diverse markets of tourism, corporate housing, and more, showcasing the property's adaptability and potential for robust returns. With strategic location advantages, panoramic views, and a range of amenities, this investment promises a postively geared investment for years to come.
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The size of Stawell is approximately 92.4 square kilometres. It has 20 parks covering nearly 7.9% of total area. The population of Stawell in 2011 was 6,150 people. By 2016 the population was 6,034 showing a population decline of 1.9% in the area during that time. The predominant age group in Stawell is 60-69 years. Households in Stawell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stawell work in a labourer occupation. In 2011, 71.2% of the homes in Stawell were owner-occupied compared with 69.7% in 2016.
Stawell has 3,842 properties. Over the last 5 years, Houses in Stawell have seen a 68.09% increase in median value, while Units have seen a 60.59% increase. As at 30 November 2024:
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