Investment Opportunity Located in Prime Retail Strip
Located within a tightly held business area, with high volume vehicular and pedestrian traffic, this parcel of land comprising an area of 553.35m2 is an opportunity too good to miss.
Also offered for sale seperately, an adjoining property fronting 55 Macleod street, with a single level, solid brick retail premises with a retail/ storage area of 224.16m2 and a further land area of 588.14m2, this is a unique opportunity to purchase one or both properties in this highly sought after location
The size of Bairnsdale is approximately 66.4 square kilometres. There are 15 parks, covering nearly 9.2% of the total area. The population of Bairnsdale in 2016 was 7580 people. By 2021 the population was 7905 showing a population growth of 4.3% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a labourer occupation.In 2021, 62.90% of the homes in Bairnsdale were owner-occupied compared with 60.80% in 2016.
Bairnsdale has 6,018 properties. Over the last 5 years, Houses in Bairnsdale have seen a 37.90% increase in median value, while Units have seen a 33.75% increase. As at 31 August 2026:
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