FOR SALE
$575,000

54 Yeates Drive
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8.2ha
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Highly Productive River Flat

This fertile parcel of land spans 20 acres (8.2 hectares) with an additional 5 acres approx. of river frontage lease that can be utilized. Situated adjacent to the city of Bairnsdale, only 750 meters from the Picnic Point Hall.
With 700 meters of river frontage along the Mitchell River, this property offers prime agricultural opportunities.
Currently hosting a thriving two year old lucerne crop, promising an above average return on investment.
For further information contact Michael Capes on 0418 514 258 or Estella Ganci on 0456 543 564.
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Property Details for 54 Yeates Dr, Bairnsdale

Building Type
Rural
Land Size
8.2ha

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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of total area. The population of Bairnsdale in 2011 was 7,237 people. By 2016 the population was 7,581 showing a population growth of 4.8% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a professional occupation. In 2011, 63.8% of the homes in Bairnsdale were owner-occupied compared with 60.8% in 2016.

Bairnsdale has 5,789 properties. Over the last 5 years, Houses in Bairnsdale have seen a 65.37% increase in median value, while Units have seen a 58.87% increase. As at 31 July 2024:

  • The median value for Houses in Bairnsdale is $438,520 while the median value for Units is $354,730.
  • Houses have a median rent of $430 while Units have a median rent of $340.
There are currently 81 properties listed for sale, and 23 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Bairnsdale.

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Michael Capes
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Bill Wyndham & Company
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