FOR SALE
$450,000

5 Meara Street
Yea VIC 3717

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1486m2
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3-Bedroom Home with Expansive 1486m² (approx.) Block

Nestled on a generous 1486m² block, this 3-bedroom home offers endless opportunity with incredible potential for future development (STCA).
Property Highlights:
• Generous Land Size: Spread out on a sprawling 1486m² block, providing
ample space for your vision and creativity to flourish.
• The Home: This 3-bedroom residence features large living spaces, updated
bathroom, and carport.
• Development Potential: With STCA (Subject to Council Approval), explore
the possibilities for future expansion, subdivision, or redevelopment. Ideal
for investors or those seeking to capitalize on this prime location.
• Prime Location: Enjoy the convenience of a central location with easy
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Property Details for 5 Meara St, Yea

5 Meara St, Yea is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1486m2. The place is currently for sale with Noble Knight Real Estate - LILYDALE.

Building Type
House
Land Size
1486m2

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About Yea 3717

The size of Yea is approximately 177.3 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Yea in 2011 was 1,594 people. By 2016 the population was 1,601 showing a population growth of 0.4% in the area during that time. The predominant age group in Yea is 60-69 years. Households in Yea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yea work in a trades occupation. In 2011, 75.4% of the homes in Yea were owner-occupied compared with 73.4% in 2016.

Yea has 1,415 properties. Over the last 5 years, Houses in Yea have seen a 60.99% increase in median value, while Units have seen a 59.53% increase. As at 31 July 2024:

  • The median value for Houses in Yea is $577,773 while the median value for Units is $398,384.
  • Houses have a median rent of $410 while Units have a median rent of $360.
There are currently 52 properties listed for sale, and 6 properties listed for rent in Yea on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Yea.

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Melissa Bell
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Noble Knight Real Estate - LILYDALE
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