SOLD
Sold on 11 Dec 2024 for $700,000

130 Banyan Street
Warrnambool VIC 3280

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 550m2
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Property Details for 130 Banyan St, Warrnambool

Building Type
Commercial
Year Built
1940
Floor Size
90m2
Land Size
550m2
Local Government
Warrnambool
Lot/Plan
1/TP893508

Last Listing description (July 2016)

With our vendors instructions very clear this is a brilliant opportunity to enter the central Warrnambool market. Comprising 2 generous bedrooms, cosy lounge and a neat functional kitchen including a walk in pantry. The property lends itself to an extension with plenty of space available in the rear yard or would be ideal as a first home. The property has many period features of the Californian Bungalow era which is quite rare in the city.
Now would be the time to inspect as situations like this one don't come along often.

Property History for 130 Banyan St, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$700,000
11 Dec 2024
Listed for Rent
$230/w
29 Apr 2014
  • 11 Dec 2024
    Sold for $700,000
  • 31 May 2018
    Sold for $340,000
  • 18 Jul 2016
    Sold for $294,000
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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.

Warrnambool has 19,184 properties. Over the last 5 years, Houses in Warrnambool have seen a 58.68% increase in median value, while Units have seen a 42.89% increase. As at 30 November 2024:

  • The median value for Houses in Warrnambool is $597,583 while the median value for Units is $432,126.
  • Houses have a median rent of $540 while Units have a median rent of $420.
There are currently 186 properties listed for sale, and 16 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 653 properties were sold in the past 12 months in Warrnambool.

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