OFF MARKET

7/1157 Raglan Parade
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5121m2
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Property Details for 7/1157 Raglan Pde, Warrnambool

Building Type
Land
Land Size
5121m2
Local Government
Warrnambool

Last Listing description (March 2024)

Substantial freehold warehouse available for immediate occupation boasting high clearance (5.5m wall height) two 4.5mx4.5m and one 4.5mx4.8m electric roller doors, 3 phase power, approx. 651m2 warehouse space, office space of approx. 71m2 and reinforced slab ranging between 5 and 6 inches thick.

Set over two industrial titles, 2,113m2 and 3,008m2 respectively (5,121m2 in total) with dual road frontages. Featuring easy access to main arterial roads, and Warrnambools tightly held West Warrnambool industrial precinct it represents a finite opportunity with substantial upside.

Property History for 7/1157 Raglan Pde, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
  • 16 Nov 2023
    Listed for Sale Under Offer

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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.