56 Shirley Cres, Woori Yallock is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 614m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Securely leased to a fantastic Fixed Term tenant through until August 2021. Current Gross Annual return of close to 3.5% with a further increase in rent due at the beginning of the 2nd year of the Term.
A neat, clean & tidy 3 bedroom BV with double carport at the side & storage shedding at the rear. Theres also a large timber bungalow & kids cubby. The home has gas ducted heating throughout & a box air-conditioner in the lounge room. Bedrooms 1 & 2 have built-in-robes, theres a well presented bathroom & a separate toilet. A timber deck & veranda spans the rear of the home & theres a substantial covered outdoor entertaining area with filtered views of distant hills.
Property at this level is hard to secure & will certainly be a capital growth winner in the years to come. Woori Yallock is a friendly community, has a great Primary School & all local services including a Bendigo Bank and is only 15 a minute commute to Lilydale.
Inspection will be by private appointment only so please call Lachlan Mitchell on 0417532386 to discuss further.
*NB. Under the Residential Tenancies Act the Lease cannot be forcibly terminated by the Landlord without due cause so if youre wanting vacant possession before August 2021 this ones not for you.
The size of Woori Yallock is approximately 26.5 square kilometres. It has 12 parks covering nearly 1.9% of total area. The population of Woori Yallock in 2011 was 2,807 people. By 2016 the population was 2,925 showing a population growth of 4.2% in the area during that time. The predominant age group in Woori Yallock is 0-9 years. Households in Woori Yallock are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woori Yallock work in a trades occupation. In 2011, 82.7% of the homes in Woori Yallock were owner-occupied compared with 83.2% in 2016.
Woori Yallock has 1,333 properties. Over the last 5 years, Houses in Woori Yallock have seen a 36.58% increase in median value, while Units have seen a 8.93% increase. As at 31 October 2024:
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