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

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1007m2
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Property Details for 505 Raglan Pde, Warrnambool

Building Type
Commercial
Land Size
1007m2
Local Government
Warrnambool
Lot/Plan
13~23/PP5841

Last Listing description (November 2024)

Central Highway Office Freehold - WARRNAMBOOL
* SECURELY LET * 3 TENANTS * 10 YEAR LEASE TO ANCHOR TENANT
* TOTAL RENTAL $147,300

* Net of statutory outgoings
* 7% NET RETURN
* Substantial, predominantly single level building, built in 1988
* 6 ground level car parks plus 6 basement level car parks
* Originally built as 5 independent serviced office suites

This is a very appealing investment with sound proven tenants in keenly sought location.

Information Memorandum available on request.

Contact sole agent Mark Wilson 0408 529 275.

Disclaimer:
For Statement Of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.

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Property History for 505 Raglan Pde, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$2,100,000
29 Aug 2024
Listed for Rent
$17/w
26 Jul 2017
  • 29 Aug 2024
    Sold for $2,100,000
  • 05 Jul 2024
    Listed for Sale $2,100,000
  • 27 Dec 2021
    Sold for $1,800,000
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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 19,813 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.
There are currently 136 properties listed for sale, and 23 properties listed for rent in Warrnambool on OnTheHouse. According to Cotality's data, 877 properties were sold in the past 12 months in Warrnambool.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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