OFF MARKET

17 Yarima Road
Cressy VIC 3322

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Land area: 76890m2
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Last updated 4 Nov 2024
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Property Details for 17 Yarima Rd, Cressy

17 Yarima Rd, Cressy is a 5 bedroom, 1 bathroom House. The property has a land size of 76890m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
76890m2
Local Government
Colac Otway
Lot/Plan
2/TP385674

Last Listing description (October 2023)

Situated on 19.18 acres of Township Zoned land with its Western boundary enjoying exclusive frontage to Woady Yallock River the sale of the former Cressy Primary School offers a unique opportunity for a development / residential conversion opportunities limited only by your imagination. The historic main school building was built in 1912 originally accommodated two large classrooms and a headmasters office, later additions added a further three classrooms, library staff room/facilities sickbay store. Outside there is an array of outbuildings including the school's former art room (concrete floor power & water connected), 14M x 6M storage shed and a number of sundry shelter and equipment sheds. Well situated and growing in popularity the township of Cressy is conveniently located less than an hour's drive to Geelong and Ballarat and only 30 minutes' drive to Colac.

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Property History for 17 Yarima Rd, Cressy, VIC 3322

A timeline of how this property has performed in the market
Last Sold
$803,000
19 Jun 2023
  • 19 Jun 2023
    Sold for $803,000
  • 27 Apr 2023
    Listed for Sale $850,000 Plus GST

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About Cressy 3322

The size of Cressy is approximately 115.8 square kilometres. The population of Cressy in 2011 was 433 people. By 2016 the population was 172 showing a population decline of 60.3% in the area during that time. The predominant age group in Cressy is 70-79 years. Households in Cressy are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Cressy work in a managers occupation. In 2011, 85.4% of the homes in Cressy were owner-occupied compared with 77.6% in 2016..

Cressy has 238 properties. Over the last 5 years, Houses in Cressy have seen a 45.38% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cressy is $363,555.
There are currently 3 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Cressy.

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