OFF MARKET

12 Main Street
Timboon VIC 3268

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 168m2
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Property Details for 12 Main St, Timboon

Building Type
Commercial
Land Size
168m2
Local Government
Corangamite
Lot/Plan
1/LP80245

Last Listing description (May 2017)

In the heart of the Great South West of Victoria, is the thriving town of Timboon. Timboon is a magic country Village just off the Great Ocean Road set amongst an emerging gourmet trail, 12 Apostles Artisans. There are 1,500 strong residents plus surrounding farmers and the towns of Port Campbell and Peterborough.

In a few short years Timboon has come along way with Timboon Fine Ice Cream, Timboon Whisky Distillery, Newtons Ridge Winery, Schulz Organic, Apostles Whey Cheese and Gorge Chocolates.

What a great investment 7.5% return on your money, the property will have a new lease of 5 years x 5 years x 5 years with 7.5% return on the purchase price plus the tenant will pay the outgoings.

Asking $155,000

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Property History for 12 Main St, Timboon, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$120,000
29 May 2017
  • 29 May 2017
    Sold for $120,000
  • 30 May 2016
    Listed for Sale $155,000
  • 09 Oct 2015
    Listed for Sale See listing details
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About Timboon 3268

The size of Timboon is approximately 82 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Timboon in 2011 was 1,255 people. By 2016 the population was 1,191 showing a population decline of 5.1% in the area during that time. The predominant age group in Timboon is 50-59 years. Households in Timboon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Timboon work in a labourer occupation. In 2011, 80.6% of the homes in Timboon were owner-occupied compared with 78.2% in 2016.

Timboon has 864 properties. Over the last 5 years, Houses in Timboon have seen a 61.31% increase in median value, while Units have seen a 23.74% increase. As at 30 November 2024:

  • The median value for Houses in Timboon is $436,151 while the median value for Units is $388,354.
  • Houses have a median rent of $410.
There are currently 9 properties listed for sale, and no properties listed for rent in Timboon on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Timboon.

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