FOR SALE
$475,000-$495,000

120 Buckleys Island Road
Yarram VIC 3971

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4.78ha
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4.78 HECTARES (12 ACRES) OF LAND WITH 2 ROOMED BUNGALOWS. 3 MINUTES DRIVE NORTH OF YARRAM. LIGHTLY TREED PEACEFUL LOCATION

Small acreages are difficult to find within the district; however, to find one within 3.5 kilometres of the Yarram Post Office is extremely rare.
Situated within a desirous area of Yarram, this land is amongst many quality homes and qualifies as a strong investment for the future.
The two-room brick bungalow has now been painted on the outside and had new guttering installed to preserve it. The structure is sound. Current owners have had the power connected and installed a new 43000 litre water tank. Not sure whether the leaning thunder box will pass building and pest inspection?.
The opportunity here is twofold:
(1) Apply to the Council for a Building Permit to extend and renovate the existing building OR
(2) make application to the council to build a new home on the land. Select the existing homesite at the front of the property or choose another location on this picturesque land. The Zoning is Residential/Rural!,
This prestigious part of Yarram is eagerly sought.
The many gumtrees on the property exude a sense of peace and tranquillity.
This is a prized finding for a family or investor to build their financial future.
There are no easement restrictions with quality rural fencing on external boundaries. This small acre farmlet style property represents excellent value when compared to others.
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Property Details for 120 Buckleys Island Rd, Yarram

Building Type
Land
Land Size
4.78ha

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About Yarram 3971

The size of Yarram is approximately 110.9 square kilometres. It has 9 parks covering nearly 5.6% of total area. The population of Yarram in 2011 was 2,168 people. By 2016 the population was 2,123 showing a population decline of 2.1% in the area during that time. The predominant age group in Yarram is 60-69 years. Households in Yarram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarram work in a managers occupation. In 2011, 67.7% of the homes in Yarram were owner-occupied compared with 67.7% in 2016.

Yarram has 1,495 properties. Over the last 5 years, Houses in Yarram have seen a 61.17% increase in median value, while Units have seen a 82.74% increase. As at 31 October 2024:

  • The median value for Houses in Yarram is $387,930 while the median value for Units is $291,737.
  • Houses have a median rent of $375 while Units have a median rent of $228.
There are currently 25 properties listed for sale, and no properties listed for rent in Yarram on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Yarram.

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Ian Seed
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