463 Raglan Parade, Warrnambool, VIC 3280 | Property Value & History | OnTheHouse
 
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463 Raglan Parade
Warrnambool VIC 3280

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 1011m2
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Property Details for 463 Raglan Pde, Warrnambool

Building Type
Commercial
Land Size
1011m2
Local Government
Warrnambool
Lot/Plan
17~22/PP5841

Last Listing description (December 2020)

This 14 unit motel is looking for an owner to drive the business in this fantastic motel town. Rooms are clean and neat and consist of a very versatile inventory which comfortably caters to corporate clients and travelling families alike.

- Central Location
- Prominent Street Frontage on the main thoroughfare into Warrnambool
- 14 units with a very versatile inventory that would cater to corporate guests through to travelling families
- Ideal operation for any couple
- Huge opportunity for growth
- Property inspections are by appointment only

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Property History for 463 Raglan Pde, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$1,315,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $1,315,000
  • 25 Oct 2018
    Listed for Sale $289,000
  • 25 Oct 2016
    Listed for Sale Not Disclosed
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About 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 41.59% increase in median value, while Units have seen a 28.83% increase. As at 31 December 2025:

  • The median value for Houses in Warrnambool is $643,333 while the median value for Units is $414,300.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 139 properties listed for sale, and 28 properties listed for rent in Warrnambool on OnTheHouse. According to Cotality's data, 884 properties were sold in the past 12 months in Warrnambool.

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