308 Yarra Rd, Wonga Park is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1950. The property has a land size of 921m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last transferred in June 2019.
Many Choices - Double Income, Weatherboard Home, Almost 1/4 Acre Block
The versatility of this home and property is one that will suit many different buyers that are looking to get in to the highly sought after Wonga Park area. Currently set up as 2 separate residences it firstly will appeal strongly to the investor, with the front home consisting of 3 bedrooms, main bathroom, main living area, kitchen/meals, entertaining balcony, backyard, garage and currently tenanted till January, 2015. Add in the rear residence that has had a recent update with brand new kitchen, large open plan living area, 1 bedroom with robes and ensuite, freshly painted, new carpets, double carport and fully fenced yard, adding both returns together an investor can expect around $500 per week, making the overall package very attractive indeed. If you are a buyer looking to make this a family home it will provide you with 4 bedrooms, 2 bathrooms, 2 living areas, double garage, double carport with side access and large backyard, and also perfect for the family with a dependent relative, those with adult children or those who like to accommodate visitors with their own space. The block is almost a 1/4 acre in size so the option of totally renovating the home as one large residence or maybe removing the home totally and constructing a new home is something you surely won't lose on with a Wonga Park postcode. Many choices make this a great proposition and must see today, so call today for viewing times.
The size of Wonga Park is approximately 23.1 square kilometres. It has 17 parks covering nearly 20.5% of total area. The population of Wonga Park in 2011 was 3,833 people. By 2016 the population was 3,787 showing a population decline of 1.2% in the area during that time. The predominant age group in Wonga Park is 50-59 years. Households in Wonga Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wonga Park work in a professional occupation. In 2011, 91.8% of the homes in Wonga Park were owner-occupied compared with 92.3% in 2016.
Wonga Park has 1,427 properties. Over the last 5 years, Houses in Wonga Park have seen a 25.58% increase in median value, while Units have seen a 22.28% increase. As at 31 October 2024:
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