OFF MARKET

70 High Street
Wedderburn VIC 3518

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 289m2
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Property Details for 70 High St, Wedderburn

Building Type
Commercial
Land Size
289m2
Local Government
Loddon

Last Listing description (January 2016)

Wedderburn Post and Lotto is a well presented, strong leasehold business with rising profits. Operating in a refurbished purpose built building overlooking the park in the centre of Wedderburn. 1-2 person operation, working 5 day week in a friendly relaxed community.
2 terminal Post Office and 1 terminal Tatts Agency.

There are 301 boxes. Extra profits are being generated from the rise in stamps, parcel carding payments, Passports & photos, Key pass, Working with Children, Land Title Transfer checks, Banking and Bill transactions, Western Union Money Transfer, Foreign Currency and Travel Insurance plus Australia Post stationery lines. Town mail delivery and country mail delivery operate but is not part of this lease making this post office an easy and less demanding workplace.
Tatts Agency sells tattslotto, scratchies and incl. new games Set for Life and Lucky. Sales have increased 10% in the past 3 months. Impressive.
The retail area consists of a variety of sought after lines to meet the community s needs around the $10 mark eg. toys, children s books, jewelery, giftware and haberdashery items.
The romance and history of the goldfields still prevails in Wedderburn. Wedderburn is 75kms north of Bendigo and 2 hours from Melbourne on the Calder Highway. Wedderburn is renowned for its bush and excellent educational and sporting facilities. This is an interesting, manageable and profitable business. SAV approx. $15,000. Rent $300 per week + outgoings. Long lease available. A growing business for a local or tree change for city folk. For financial details call Maureen Paterson on 0427798019.

Property History for 70 High St, Wedderburn, VIC 3518

A timeline of how this property has performed in the market
Last Sold
$150,000
21 May 2020
  • 21 May 2020
    Sold for $150,000
  • 18 Jan 2016
    Listed for Sale Leasehold business $300,000 plus SAV
  • 17 May 1997
    Sold for $51,000

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About Wedderburn 3518

The size of Wedderburn is approximately 206.6 square kilometres. It has 6 parks covering nearly 18.2% of total area. The population of Wedderburn in 2011 was 979 people. By 2016 the population was 917 showing a population decline of 6.3% in the area during that time. The predominant age group in Wedderburn is 50-59 years. Households in Wedderburn are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wedderburn work in a managers occupation. In 2011, 76.5% of the homes in Wedderburn were owner-occupied compared with 79.7% in 2016.

Wedderburn has 905 properties. Over the last 5 years, Houses in Wedderburn have seen a 55.45% increase in median value, while Units have seen a -57.94% decrease. As at 30 November 2024:

  • The median value for Houses in Wedderburn is $274,845 while the median value for Units is $477,059.
There are currently 32 properties listed for sale, and no properties listed for rent in Wedderburn on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Wedderburn.

Suburb Insights for Wedderburn 3518

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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.