OFF MARKET

1/40 Yaraan Street
Bell Park VIC 3215

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 272m2
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Property Details for 1/40 Yaraan St, Bell Park

1/40 Yaraan St, Bell Park is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 272m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last transferred in October 2023.

Building Type
Unit
Year Built
1950
Floor Size
106m2
Land Size
272m2
Local Government
Greater Geelong
Lot/Plan
1/PS743043

Last Listing description (December 2021)

Inspections by appointment only. Please contact Ben Fabretto to register attendance 0417 355 110.
Your new low maintenance lifestyle awaits with this immaculately presented property on its own generous parcel of land of approximately 272m2.
The property boasts a spacious light-filled carpeted living area incorporating split system, a generous sized kitchen with an abundance of storage. Also benefiting from a gas cooktop and ample bench space. Adjacent is the dining area with access to a delightful paved rear yard.

The two bedrooms sit central to bathroom with bedroom one offering a built in robe.
With the current market in Bell Park having so few properties to choose from I encourage downsizers and retirees in particular to inspect now to avoid disappointment.
Investors take note that the expected rental return would be $300.00 - $320.00 per week.
It is rare to find a unit that offers so much space and accommodation in such a brilliant location.

Two Generous Bedrooms
Spacious Living
Private Secure Courtyard

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Property History for 1/40 Yaraan St, Bell Park, VIC 3215

A timeline of how this property has performed in the market
Last Transferred
21 Oct 2023
  • 21 Oct 2023
    Transferred
  • 26 Nov 2021
    Sold for $410,000
  • 22 Oct 2021
    Listed for Sale $395,000- $430,000

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About Bell Park 3215

The size of Bell Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 8.3% of total area. The population of Bell Park in 2011 was 5,286 people. By 2016 the population was 5,023 showing a population decline of 5.0% in the area during that time. The predominant age group in Bell Park is 20-29 years. Households in Bell Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bell Park work in a trades occupation. In 2011, 69.9% of the homes in Bell Park were owner-occupied compared with 66.5% in 2016.

Bell Park has 3,240 properties. Over the last 5 years, Houses in Bell Park have seen a 37.48% increase in median value, while Units have seen a 34.37% increase. As at 30 September 2024:

  • The median value for Houses in Bell Park is $638,497 while the median value for Units is $490,508.
  • Houses have a median rent of $465 while Units have a median rent of $420.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Bell park on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Bell park.

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