5 Herberte CourtWurruk VIC 3850
Property Details for 5 Herberte Ct, Wurruk
Last Listing description (May 2021)
This modern industrial facility set in the vibrant Wurruk Gardens Industrial precinct represents a superb opportunity for the astute investor.
The tenants of the premises Toll & Toll Priority are of the highest quality and have been in occupation of the property for a long period of time. There is a strong lease in place until 24/11/2022. The current rental is $29,181PA Plus GST ($2,675PCM) and all outgoings with an annual CPI increase.
This represents a terrific return of 7.78% based on the current rental.
High quality tenant, strong lease, excellent facility= great investment.
Property History for 5 Herberte Ct, Wurruk, VIC 3850
- 11 May 2021Sold for $355,000
- 30 Nov 2019Listed for Sale $375,000
- 06 Aug 2016Listed for Sale $350,000
Recent sales nearby
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0About Wurruk 3850
The size of Wurruk is approximately 9.7 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Wurruk in 2016 was 1112 people. By 2021 the population was 1177 showing a population growth of 5.8% in the area during that time. The predominant age group in Wurruk is 10-19 years. Households in Wurruk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wurruk work in a professional occupation.In 2021, 77.90% of the homes in Wurruk were owner-occupied compared with 72.00% in 2016.
Wurruk has 633 properties. Over the last 5 years, Houses in Wurruk have seen a 65.92% increase in median value, while Units have seen a 44.28% increase. As at 31 December 2025:
- The median value for Houses in Wurruk is $589,689 while the median value for Units is $337,615.
- Houses have a median rent of $365 while Units have a median rent of $220.
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