SOLD
Sold on 01 Jun 2024 for $2,100,000

1 Yarrabee Rise
Park Orchards VIC 3114

Bedrooms: 3
Bathrooms: 5
Car spaces: 5
Floor area: 256m2
Land area: 5310m2
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Property Details for 1 Yarrabee Rise, Park Orchards

Building Type
Rural
Year Built
1970
Floor Size
256m2
Land Size
5310m2
Local Government
Manningham
Lot/Plan
3/PS405227

Last Listing description (February 2024)

Prepare to be enchanted by this unparalleled opportunity at 1 Yarrabee Rise, Park Orchards, 3114. This expansive property spans 5310sqm of flat land and boasts not one, but two magnificent residences. Immerse yourself in a world of luxury, comfort, and charm with every step you take on this unique estate.

The First Residence:

Enter an oasis of comfort featuring four generous bedrooms emphasizing spaciousness and timeless elegance. Immerse yourself in the convenience of three well-appointed bathrooms, catering to both family and guests. The first residence further spoils you with an exceptional feature: a capacious 3-car carport, ensuring protection for your vehicles and additional storage space.

Step into the updated kitchen and family area, where the heart of the home beats, complete with a gas fireplace, ensuring a cozy atmosphere in every season. The massive lounge room beckons with open arms and leads to a rumpus room that promises memorable gatherings. Here, a wet bar and a striking copper, circular wood fireplace create an ambiance like no other. Completing this residence is an office and a separate open study, ideal for those seeking a dedicated workspace.

The Second Residence:

Find your own piece of paradise in the second residence, offering 2 spacious bedrooms, each accompanied by an ensuite bathroom. The master suite is a true retreat, featuring a north-facing balcony that captures picturesque views and a generously sized walk-in robe, providing the space you need for a growing wardrobe.

For your everyday living, an open-plan kitchen, meals, and family area invites you in. Here, a wood fireplace promises warmth and comfort on chilly evenings. On those special occasions, the formal lounge and dining room provide a touch of elegance and charm.

Notable Features:

Both residences are united by their timeless charm, accentuated by exposed brickwork. The car accommodation is not just ample; it's extraordinary, with 5 car carports to suit all your needs.

A salt-chlorinated pool, complete with a spa and cascading water feature, awaits, and both are gas heated for your year-round enjoyment.

The main residence takes luxury to another level with zoned electric floor heating, ensuring warmth in the colder months. A north-facing orientation bathes the living and entertaining spaces in natural light, creating an inviting and harmonious atmosphere.

Stay comfortable year-round with split system cooling and relish in the thoughtfully designed, captivating living spaces.

This property isn't just a home; it's a lifestyle. With the potential for extended family living, guest accommodations, or even rental income, the possibilities are endless. Seize this incredible opportunity and make 1 Yarrabee Rise your new haven. Contact us today to schedule a private showing and experience the charm and versatility of this exceptional property.

Property History for 1 Yarrabee Rise, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
Last Sold
$2,100,000
01 Jun 2024
  • 01 Jun 2024
    Sold for $2,100,000
  • 16 Oct 2023
    Listed for Sale Not Disclosed

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About Park Orchards 3114

The size of Park Orchards is approximately 9.5 square kilometres. It has 15 parks covering nearly 10.3% of total area. The population of Park Orchards in 2011 was 3,717 people. By 2016 the population was 3,810 showing a population growth of 2.5% in the area during that time. The predominant age group in Park Orchards is 10-19 years. Households in Park Orchards are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Park Orchards work in a professional occupation. In 2011, 95.1% of the homes in Park Orchards were owner-occupied compared with 93.8% in 2016.

Park Orchards has 1,365 properties. Over the last 5 years, Houses in Park Orchards have seen a 27.40% increase in median value. As at 31 October 2024:

  • The median value for Houses in Park Orchards is $1,860,184 while the median value for Units is $1,434,764.
  • Houses have a median rent of $1,200.
There are currently 7 properties listed for sale, and 1 property listed for rent in Park orchards on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Park orchards.

Suburb Insights for Park Orchards 3114

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.