223 Lava StreetWarrnambool VIC 3280
Property Details for 223 Lava St, Warrnambool
223 Lava St, Warrnambool is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 355m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2021)
223 Lava Street will provide it's new owners with a secure investment. Having leases recently updated and strong established tenants the premises consists of a hair salon which the tenants have recently invested in substantial renovations to provide for their future, a beautician business that has been established for over 4 years, plus upstairs of the building has a 1 bedroom unit and a 3 bedroom unit. Collectively this property returns $74,344 PA excl GST. A rare, affordable commercial investment.
Property History for 223 Lava St, Warrnambool, VIC 3280
- 01 Dec 2021Sold for $1,040,000
- 25 Nov 2021Listed for Sale Online Auction Dec 15th
- 10 Jan 2020Listed for Rent - Price not available
Recent sales nearby
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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 19,814 properties. Over the last 5 years, Houses in Warrnambool have seen a 44.74% increase in median value, while Units have seen a 35.85% increase. As at 30 November 2025:
- The median value for Houses in Warrnambool is $639,953 while the median value for Units is $409,315.
- Houses have a median rent of $580 while Units have a median rent of $450.
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