SOLD
Sold on 21 Mar 2024 for $1,078,000

85 Princes Highway
Yarragon VIC 3823

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 970m2
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Property Details for 85 Princes Hwy, Yarragon

Building Type
Commercial
Floor Size
110m2
Land Size
970m2
Local Government
Baw Baw
Lot/Plan
1/TP513741

Last Listing description (July 2024)

Princes Highway service road suited for premium retail options plus rear shed of 140m2 (approx.) An additional option of a 3 bedroom residential home in the bustling town of Yarragon. Zoned Commercial 1

Located on the Princes Highway with Murray Street access, this residence plus business combination is ideal for those looking to reside onsite whilst running a thriving business in Yarragon.

The location itself is perfect; surrounded by quality businesses, the new supermarket is being built right next door. Yarragon has become known for its brick a brac stores, antique furniture offerings and other specialty stores.

With 3 phase power throughout - making it an ideal setup for any business venture or workshop activities you may have planned. This property offers endless potential - don't miss out!

For more information or to arrange an inspection contact Katie or Jackie today!

Property History for 85 Princes Hwy, Yarragon, VIC 3823

A timeline of how this property has performed in the market
Last Sold
$1,078,000
21 Mar 2024
Listed for Rent
$939/w
22 Jan 2024
  • 16 Jul 2024
    Listed for Rent $35,000 / year
  • 21 Mar 2024
    Sold for $1,078,000
  • 16 Jan 2024
    Listed for Rent $49,000 / year
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About Yarragon 3823

The size of Yarragon is approximately 68 square kilometres. The population of Yarragon in 2011 was 1,525 people. By 2016 the population was 1,667 showing a population growth of 9.3% in the area during that time. The predominant age group in Yarragon is 50-59 years. Households in Yarragon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarragon work in a trades occupation. In 2011, 81.8% of the homes in Yarragon were owner-occupied compared with 78.8% in 2016.

Yarragon has 1,158 properties. Over the last 5 years, Houses in Yarragon have seen a 48.16% increase in median value, while Units have seen a 20.68% increase. As at 30 September 2024:

  • The median value for Houses in Yarragon is $605,632 while the median value for Units is $399,736.
  • Houses have a median rent of $450.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Yarragon on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Yarragon.

Suburb Insights for Yarragon 3823

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.