OFF MARKET

3-7/29-31 Stoffers St
Warragul VIC 3820

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 2 Sep 2024
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Property Details for 3-7/29-31 Stoffers St, Warragul

3-7/29-31 Stoffers St, Warragul is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Baw Baw

Last Listing description (June 2022)

A terrific opportunity and investment prospect is this complex of 5 low maintenance units each on individual titles. Each unit is available for individual sale. All 5 units are currently occupied with great long term tenants achieving a combined weekly income of approx. $1,310. The units have been partly renovated with plenty of potential to value add. Each unit consists of spacious bedrooms with BIRs, open plan design kitchen/living, gas cooking appliances, split system heating/cooling, lockable car accommodation, and outdoor courtyard. One unit has the bonus of a separate room downstairs next to the single lock up garage.

Unit 7/29-31 - 2 Bed, 1 Bath, 1 Car Garage
Unit 6/29-31 - 2 Bed, 1 Bath, 1 Car Garage

Unit 5/29-31 - 3 Bed, 1 Bath, 1 Car Garage
Unit 4/29-31 - 2 Bed, 1 Bath, 1 Car Garage
Unit 3/29-31 - 2 Bed, 1 Bath, 1 Car Garage

Only a short 1.6km to Warragul Town Centre, this is an ideal purchase for the seasoned investor, first home buyer or those looking to downsize.

Property History for 3-7/29-31 Stoffers St, Warragul, VIC 3820

A timeline of how this property has performed in the market
  • 08 Nov 2021
    Listed for Sale $320,000 - $350,000 Each

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About Warragul 3820

The size of Warragul is approximately 55 square kilometres. It has 43 parks covering nearly 4.4% of total area. The population of Warragul in 2011 was 14,073 people. By 2016 the population was 15,764 showing a population growth of 12.0% in the area during that time. The predominant age group in Warragul is 50-59 years. Households in Warragul are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warragul work in a professional occupation. In 2011, 71.9% of the homes in Warragul were owner-occupied compared with 72.7% in 2016.

Warragul has 12,700 properties. Over the last 5 years, Houses in Warragul have seen a 41.59% increase in median value, while Units have seen a 36.35% increase. As at 31 July 2024:

  • The median value for Houses in Warragul is $675,689 while the median value for Units is $418,769.
  • Houses have a median rent of $500 while Units have a median rent of $370.
There are currently 184 properties listed for sale, and 15 properties listed for rent in Warragul on OnTheHouse. According to CoreLogic's data, 533 properties were sold in the past 12 months in Warragul.

Suburb Insights for Warragul 3820

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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.