FOR SALE
$4,250,000

1077 Melba Highway
Yarra Glen VIC 3775

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 99.38ac
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PRIZED FARM ON THE EDGE OF TOWN 40.22 Hectares ~ 99.38 Acres Approx

Situated on the north side of Yarra Glen township next to the historic Gulf Station, sits a remarkable piece of land consisting of 40.22 Hectares ~ 99.38 Acres Approx. With two road frontages and commercial Melba highway frontage the land represents a sort after commercial land bank or tourism enterprise (STCA). Also Ideal for cattle or horse stud, divided into 3 paddocks, 1 dam and mains water connected. Improvements of a machinery shed and timber stock yards.
The property is located in the golden triangle of the Yarra Valley amongst the Winery's, Yarra Valley Chocolaterie, Balgownie Estate and Yering Station and only approximately 56 km from the Melbourne CBD.

Property Details for 1077 Melba Hwy, Yarra Glen

Building Type
Rural
Land Size
99.38ac

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About Yarra Glen 3775

The size of Yarra Glen is approximately 35.1 square kilometres. It has 7 parks covering nearly 1.9% of total area. The population of Yarra Glen in 2011 was 2,611 people. By 2016 the population was 2,843 showing a population growth of 8.9% in the area during that time. The predominant age group in Yarra Glen is 0-9 years. Households in Yarra Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarra Glen work in a trades occupation. In 2011, 81.3% of the homes in Yarra Glen were owner-occupied compared with 82.4% in 2016.

Yarra Glen has 1,475 properties. Over the last 5 years, Houses in Yarra Glen have seen a 31.37% increase in median value, while Units have seen a 30.87% increase. As at 31 October 2024:

  • The median value for Houses in Yarra Glen is $898,858 while the median value for Units is $651,118.
  • Houses have a median rent of $695 while Units have a median rent of $370.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Yarra glen on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Yarra glen.

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Anthony Knight
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Noble Knight Real Estate - LILYDALE
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