116 Lava StreetWarrnambool VIC 3280
Property Details for 116 Lava St, Warrnambool
Last Listing description (June 2022)
Are you seeking a freehold commercial premises in the heart of Warrnambool's busy CBD? This property is surrounded by boutique-style businesses, a central supermarket bringing regular foot traffic and is just around the corner from bustling Liebig Street. There is approximately 107m2 of floor space that is currently being utilised as a hair salon with an additional room dedicated for a beautician. A long term tenant is in place achieving solid rental returns annually. Paid on street parking is available directly in front of the building as well as longer term parking a short walk away. This is an ideal investment opportunity to secure your long term future, call today for further information!!
Property History for 116 Lava St, Warrnambool, VIC 3280
- 30 May 2022Sold for $575,000
- 13 Jul 2021Listed for Sale $660,000
- 27 Feb 2017Transferred
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0About Warrnambool 3280
The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation.In 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.
Warrnambool has 19,808 properties. Over the last 5 years, Houses in Warrnambool have seen a 44.19% increase in median value, while Units have seen a 37.43% increase. As at 28 February 2026:
- The median value for Houses in Warrnambool is $672,232 while the median value for Units is $449,086.
- Houses have a median rent of $598 while Units have a median rent of $450.
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