19 Wests RoadMaribyrnong VIC 3032
Property Details for 19 Wests Rd, Maribyrnong
Last Listing description (May 2019)
This 310 sqm (approx) shop in three titles is leased showing excellent rental returns of $120k plus GST plus outgoings per year. Currently under long term lease (5 x 5 x 5) as an IGA supermarket.
Located in a high density residential area of Mariburnong amongst a series of local shops and other food outlets and with plenty of parking space at the front door as well as a major new apartment development with over 180 new dwellings under construction right across the street, this shop represents great value.
This is an excellent opportunity to purchase a solid investment with great returns with a long term lease in place.
Property History for 19 Wests Rd, Maribyrnong, VIC 3032
- 18 Sep 2017Listed for Sale Not Disclosed
- 23 Mar 2017Sold for $900,000
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About Maribyrnong 3032
The size of Maribyrnong is approximately 5.5 square kilometres. There are 31 parks, covering nearly 17.0% of the total area. The population of Maribyrnong in 2016 was 12216 people. By 2021 the population was 12573 showing a population growth of 2.9% in the area during that time. The predominant age group in Maribyrnong is 30-39 years. Households in Maribyrnong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maribyrnong work in a professional occupation.In 2021, 59.70% of the homes in Maribyrnong were owner-occupied compared with 57.60% in 2016.
Maribyrnong has 7,662 properties. Over the last 5 years, Houses in Maribyrnong have seen a 6.23% increase in median value, while Units have seen a 2.78% increase. As at 30 April 2026:
- The median value for Houses in Maribyrnong is $1,245,999 while the median value for Units is $532,301.
- Houses have a median rent of $740 while Units have a median rent of $535.
Suburb Insights for Maribyrnong 3032
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