SOLD
Sold on 13 Mar 2024 for $500,000

38 Darlington Road
Stawell VIC 3380

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 1061m2
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Property Details for 38 Darlington Rd, Stawell

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.

Building Type
House
Land Size
1061m2
Local Government
Northern Grampians
Lot/Plan
1/TP670782

Last Listing description (April 2024)

*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

- Front Cottage: Charming 2-Bedroom Retro Country Getaway
- Back Cottage: Modern Vintage 2-Bed + Study Country Retreat. This two-bedroom gem with a study boasts stylish furnishings, a fully enclosed backyard for families, and captivating Grampians views. With magical sunsets, horse scenes, and a serene atmosphere, it's an enticing investment.
- The Bungalow: Spacious studio with office, dining modern chic furnishings with a touch of vintage glam. Ideal for artists, couples, small families, and seasonal workers, this tranquil retreat doubles as a rumpus room for kids or a teenager's haven. Savvy investors can tap into its profit potential by converting it into self-contained accommodation or a sought-after Airbnb.
- AirBNB Ready: Furnished with AirBNB bookings for Stawell Gift 2024.
- Spaces: 2 houses on one title plus a large Bungalow.
- Block: Generous 1061m2 block.
- Location: Central to everything Stawell and the Grampians have on offer and on the best side of town.
- Region: Northern Grampians Shire Council - Grampians Region.Access to Grampians National Park, Horsham, Ballarat, Melbourne and Adelaide.
- Locality: Prime location to Stawell and other local tourism destinations.
- Returns: Lucrative annual returns for savvy investors.
- Views: Grampians views and panoramic country views of horses, kangaroos and a dam.
- Restoration: Meticulous restoration and beautiful landscaping set the stage for lucrative long-term rental income

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.

To download Section 32 visit: propertyfiles.com.au

Property History for 38 Darlington Rd, Stawell, VIC 3380

A timeline of how this property has performed in the market
Last Sold
$500,000
13 Mar 2024
Listed for Rent
$320/w
05 Apr 2020
  • 13 Mar 2024
    Sold for $500,000
  • 18 Jan 2024
    Listed for Sale $490,000 - $539,000
  • 28 Jun 2019
    Listed for Rent - Price not available
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About Stawell 3380

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 3,831 properties. Over the last 5 years, Houses in Stawell have seen a 84.89% increase in median value, while Units have seen a 51.93% increase. As at 31 August 2024:

  • The median value for Houses in Stawell is $329,625 while the median value for Units is $277,832.
  • Houses have a median rent of $380 while Units have a median rent of $240.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Stawell on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Stawell.

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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.