FOR SALE
$1,150,000 - $1,250,000

1963 Eltham- Yarra Glen Road
Yarra Glen VIC 3775

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 26.75ac
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"BANOOL" – A SCENIC HAVEN IN YARRA GLEN ON 26.75 ACRES (APPROX.)

Welcome to "Banool," a breathtaking property nestled in the heart of the Yarra Valley. Spanning 26.75 acres (approx.) this estate offers an unparalleled opportunity to embrace serene country living with the convenience of being just minutes away from central Yarra Glen and its vibrant amenities. The property includes a modest 2-bedroom farmhouse, complete with office and shared bathroom. This home is brimming with potential, offering the ideal canvas for your renovation dreams and includes an untreated water supply from Yarra Valley Water. With 26.75 acres (approx.) at your disposal, the possibilities are endless. Whether you're looking to expand the current dwelling, cultivate a garden, or simply enjoy your own piece of native paradise, this property caters to your vision. Revel in the most amazing panoramic views over the Valley, providing a picturesque backdrop for your everyday life. Enjoy the perfect balance of tranquillity and accessibility, with Central Yarra Glen just a short drive away, offering shops, cafes, schools, and more. Properties like "Banool" are a rare find. If you've been dreaming of a peaceful lifestyle with the convenience of modern amenities close by, this is your chance. Experience the beauty and potential of this exceptional property firsthand.

Property Details for 1963 Eltham- Yarra Glen Road, Yarra Glen

Building Type
Rural
Land Size
26.75ac

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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 1,477 properties. Over the last 5 years, Houses in Yarra Glen have seen a 28.97% increase in median value, while Units have seen a 27.33% increase. As at 30 November 2024:

  • The median value for Houses in Yarra Glen is $883,989 while the median value for Units is $643,973.
  • Houses have a median rent of $723 while Units have a median rent of $370.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Yarra glen on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Yarra glen.

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