5/1 Derby StreetWarrnambool VIC 3280
Property Details for 5/1 Derby St, Warrnambool
5/1 Derby St, Warrnambool is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2003. The property has a land size of 128m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Warrnambool in the last 12 months.
Last Listing description (September 2024)
This stylish double story home has been beautifully designed to optimize space and functionality. The residence features a spacious bedroom and bathroom on each level, ensuring privacy and convenience for all guests.
Both levels also boast their own outdoor areas, perfect for enjoying the fresh air and surroundings. The expansive upstairs living area shares an open plan with the dining space and functional kitchen that is equipped with new quality appliances, this home provides all the modern amenities required for comfortable living.
Located just a 2-minute drive from the CBD and shopping precinct, and a short 2-minute walk from the famous Warrnambool race track, this property offers unparalleled convenience for all your needs.
Central heating and a split system ensure a cozy atmosphere year-round. Currently run as a successful Air BNB, this low maintenance townhouse provides a perfect investment opportunity, or owner-occupier purchase.
Property History for 5/1 Derby St, Warrnambool, VIC 3280
- 27 Jul 2024Sold for $472,000
- 04 Jul 2024Listed for Sale Not Disclosed
- 03 Sep 2021Sold for $410,000
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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 19,168 properties. Over the last 5 years, Houses in Warrnambool have seen a 61.76% increase in median value, while Units have seen a 50.43% increase. As at 31 October 2024:
- The median value for Houses in Warrnambool is $609,090 while the median value for Units is $414,500.
- Houses have a median rent of $530 while Units have a median rent of $420.
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