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Sold on 25 Jan 2024 - Price Unavailable

3 Park Avenue
Yamba NSW 2464

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 298m2
Land area: 727m2
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Property Details for 3 Park Ave, Yamba

3 Park Ave, Yamba is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 727m2 and floor size of 298m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 6 bedroom BlockOfUnits sold in Yamba in the last 12 months.

Building Type
BlockOfUnits
Floor Size
298m2
Land Size
727m2
Local Government
Clarence Valley
Lot/Plan
5/DP1026006

Last Listing description (January 2024)

This is a very rare opportunity that requires your immediate attention!

Offering three single-level units, sold together on one title as a golden investment opportunity and nestled in a quiet location, this rare gem is an unmissable offering for any astute investor.

Each unit features 2 bedrooms, 1 bathroom, a single garage, and a courtyard, making them perfect for tenants seeking a relaxed lifestyle. Or you can live in one and rent the others to enjoy an income stream while you enjoy the Yamba lifestyle!

The Yamba real estate market is renowned for its consistent growth, and these units offer multiple streams of rental income. The demand for quality housing in this location is high, ensuring strong rental yields and long-term capital growth potential.

With all three units already rented, there is the ability to enjoy an immediate return which can easily be improved upon into the future as well.

Situated just moments away from parkland and the river, the location here is ideal. Being convenient to Yamba's CBD and beaches whilst still enjoying peace and quiet will ensure that the demand from prospective tenants remains high into the future.

Don't miss your chance to own this outstanding investment opportunity in Yamba. To arrange a viewing or for further information, please contact us today. Act fast, as opportunities like this are truly one in a million!

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Property History for 3 Park Ave, Yamba, NSW 2464

A timeline of how this property has performed in the market
Last Sold
25 Jan 2024
Listed for Rent
$380/w
04 Jun 2021
  • 25 Jan 2024
    Sold for $1,150,000
  • 02 Nov 2023
    Listed for Sale $1,250,000
  • 12 May 2021
    Listed for Rent $380 / week
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About Yamba 2464

The size of Yamba is approximately 16.9 square kilometres. It has 31 parks covering nearly 18% of total area. The population of Yamba in 2011 was 6,074 people. By 2016 the population was 6,078 showing a population growth of 0.1% in the area during that time. The predominant age group in Yamba is 60-69 years. Households in Yamba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yamba work in a professional occupation. In 2011, 65.1% of the homes in Yamba were owner-occupied compared with 67.4% in 2016.

Yamba has 4,980 properties. Over the last 5 years, Houses in Yamba have seen a 77.68% increase in median value, while Units have seen a 71.53% increase. As at 31 August 2024:

  • The median value for Houses in Yamba is $926,243 while the median value for Units is $720,235.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 67 properties listed for sale, and 13 properties listed for rent in Yamba on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Yamba.

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