FOR SALE
Private Sale - $810,000

7 Yungera Street
Fawkner VIC 3060

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 791m2
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Large Landholding Perfect for Redevelopment

Raphael Houston proudly presents...
Situated along a sought-after growth corridor and underscored by local development precedence, this large 791 sqm (approx) landholding is ready for redevelopment (STCA).
Exactly what form the development will take is a matter of purchaser preference, guided by the landholding's rectangular allotment.
In an area that includes local schools, sports fields, the railway station, and shopping districts, a family home would be an excellent proposition. However, a multi-unit development could just as easily take advantage of the area's fantastic amenity while providing access to more people.
Further advantages of the area include proximity to Coburg North Plaza, Campbellfield SC, Merri Creek, Sydney Road, Western Ring Road and key arterial roads into neighbouring suburbs and beyond.
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Property Details for 7 Yungera St, Fawkner

7 Yungera St, Fawkner is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 791m2. The place is currently for sale with Ray White Coburg.

Building Type
House
Land Size
791m2

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About Fawkner 3060

The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.

Fawkner has 6,395 properties. Over the last 5 years, Houses in Fawkner have seen a 20.45% increase in median value, while Units have seen a 23.78% increase. As at 31 July 2024:

  • The median value for Houses in Fawkner is $769,232 while the median value for Units is $573,784.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 34 properties listed for sale, and 16 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Fawkner.

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Raphael Houston
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Shelby Mihalj
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Ray White Coburg
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