16-18 Main StreetDerrinallum VIC 3325
Property Details for 16-18 Main St, Derrinallum
Last Listing description (April 2016)
MUST SELL!!
If you have been looking for a new lifestyle, where you can own and run your own business, from home this could be for you. The sky is the limit with this investment! Situated on the major thoroughfare of Derrinallum, on approximately 1500m2, this life style changing opportunity comprises a 3 bedroom ajoining dwelling with commercial style kitchen, 4 shop fronts in one, storage shed and a second house needing renovation The retail business currently offers the services of a Milk Bar, News Agency, DVD Hire, Take Away and Dry Cleaning agent. Features include two offices, a large kitchen, two toilets, two garages, two walk in cool rooms, deep fryers, exhaust canopies, all equipment owned except the ice cream freezers. Genuine Vendors say genuine offers considered. For further information, contact Rachel Spurgeon.
Property History for 16-18 Main St, Derrinallum, VIC 3325
- 28 Nov 2012Listed for Sale $229,000
- 20 Sep 2011Listed for Sale PRICE RANGE $200,000
- 08 Oct 2010Listed for Sale 260000
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About Derrinallum 3325
The size of Derrinallum is approximately 273.8 square kilometres. The population of Derrinallum in 2016 was 415 people. By 2021 the population was 386 showing a population decline of 7.0% in the area during that time. The predominant age group in Derrinallum is 60-69 years. Households in Derrinallum are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Derrinallum work in a managers occupation.In 2021, 76.70% of the homes in Derrinallum were owner-occupied compared with 80.30% in 2016.
Derrinallum has 307 properties. Over the last 5 years, Houses in Derrinallum have seen a 50.84% increase in median value, while Units have seen a 38.67% increase. As at 31 May 2026:
- The median value for Houses in Derrinallum is $325,418 while the median value for Units is $279,392.
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