153 Grampians RoadHalls Gap VIC 3381
Property Details for 153 Grampians Rd, Halls Gap
Last Listing description (January 2020)
If you are wanting to own your own motel in Halls Gap, with Victorias fastest growing tourism statistics. Here is your opportunity. On offer is the freehold and business aspect to this 10 room motel with 3 bedroom residence. Easy to operate for any owner/management couple.
- Consistent year-on-year growth with opportunity for further growth. Grampians, 34.4% increase room nights year end September 18. (Tourism Research Aust)
- Excellent entry level freehold with efficient, easy to manage operation.
- 10 ground floor motel suites and comfortable 3 bedroom residence.
- Central location, easy walking distance to shops
- Spacious grounds suitable for more units (STCA)
- Property inspections are by appointment only
Property History for 153 Grampians Rd, Halls Gap, VIC 3381
- 31 May 2023Sold for $1,700,000
- 19 Dec 2019Sold for $900,000
- 02 Jul 2019Listed for Sale $995,000
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0About Halls Gap 3381
The size of Halls Gap is approximately 76.0 square kilometres. There are 6 parks, covering nearly 76.9% of the total area. The population of Halls Gap in 2016 was 430 people. By 2021 the population was 495 showing a population growth of 15.1% in the area during that time. The predominant age group in Halls Gap is 60-69 years. Households in Halls Gap are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Halls Gap work in a managers occupation.In 2021, 60.30% of the homes in Halls Gap were owner-occupied compared with 52.60% in 2016.
Halls Gap has 748 properties. Over the last 5 years, Houses in Halls Gap have seen a 24.07% increase in median value, while Units have seen a 8.39% increase. As at 31 May 2026:
- The median value for Houses in Halls Gap is $489,690 while the median value for Units is $405,976.
- Houses have a median rent of $300.
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