SOLD
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Sold on 26 Jul 2024 - Price Unavailable

55 Banyan Street
Warrnambool VIC 3280

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 180m2
Land area: 619m2
Sold By
Harris & Wood Real Estate
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Property Details for 55 Banyan St, Warrnambool

Building Type
Commercial
Year Built
1930
Floor Size
180m2
Land Size
619m2
Local Government
Warrnambool
Lot/Plan
1/TP685112

Last Listing description (August 2024)

This stunning medical freehold situated in one of Warrnambools most sought-after residential streets is a rare and outstanding opportunity.

Boasting ducted heating and cooling throughout, high efficiency particulate air filtration (HEPA system), substantial solar panels producing significant savings on power costs, all abilities access, and dedicated reception area with acoustic glass and sound proofed doors to consulting rooms.

Zoned Residential 1 it has a site area of 619m2 and off-street car parking allocation for 4 spaces including one disabled.


Investing in this exclusive pocket with its invaluable lifestyle within walking distance to Lady Bay and the CBD is rare to reap future dividends.

Property History for 55 Banyan St, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
26 Jul 2024
  • 26 Jul 2024
    Sold
  • 05 Jun 2024
    Listed for Sale Not Disclosed
  • 15 Sep 2006
    Sold for $465,000
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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 19,137 properties. Over the last 5 years, Houses in Warrnambool have seen a 72.05% increase in median value, while Units have seen a 40.00% increase. As at 31 July 2024:

  • The median value for Houses in Warrnambool is $634,446 while the median value for Units is $381,166.
  • Houses have a median rent of $525 while Units have a median rent of $420.
There are currently 195 properties listed for sale, and 15 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 665 properties were sold in the past 12 months in Warrnambool.

Suburb Insights for Warrnambool 3280

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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.