54 Verdon StreetWarrnambool VIC 3280
Property Details for 54 Verdon St, Warrnambool
Last Listing description (December 2021)
What a chance to secure a valuable Princes Highway frontage site in the ever expanding city of Warrnambool. With a population of around 36,000 and a service draw of over 110,000, it is situated 268km southwest of Melbourne and part of the Great Ocean Road. The city continues to grow at a rapid rate and highway frontage sites like this are getting harder to find.
- 1965m2(approx.)
- Commercial 1 Zoned
- Clever modern warehouse conversion with high spec fit out
- Potential estimated income Approx. $90,000 plus per annum
- Huge upside for owner occupancy with income
- Space to construct further commercial buildings (STCA)
The options are endless here....now is the time to enquire and secure what can only be described as a diverse property with all the options!
Property History for 54 Verdon St, Warrnambool, VIC 3280
- 02 Dec 2021Sold for $1,045,000
- 23 Jun 2021Listed for Rent - Price not available
- 23 Apr 2021Listed for Sale Contact Agent
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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 19,820 properties. Over the last 5 years, Houses in Warrnambool have seen a 45.46% increase in median value, while Units have seen a 24.82% increase. As at 31 March 2026:
- The median value for Houses in Warrnambool is $686,827 while the median value for Units is $444,586.
- Houses have a median rent of $600 while Units have a median rent of $450.
Suburb Insights for Warrnambool 3280
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