OFF MARKET

2/51 Tierney Street
Wy Yung VIC 3875

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 110m2
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Property Details for 2/51 Tierney St, Wy Yung

2/51 Tierney St, Wy Yung is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 110m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1990
Floor Size
65m2
Land Size
110m2
Local Government
East Gippsland
Lot/Plan
2/SP34674

Last Listing description (February 2023)

An opportunity to finish off this project and get into the property or investment market. This vendor has lost the energy to continue on with this refurbishment and it's available for someone else to finish off. The two bedrooms have built in robes, the lounge area has split system heating/cooling but the bathroom, laundry and kitchen have been pulled back to refit so it can be a blank slate for the new owner. Out the back is a courtyard with a small shed, there is a carport at the front of the complex. As an investment this low-cost starting point.

Property History for 2/51 Tierney St, Wy Yung, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$200,000
22 Dec 2022
Listed for Rent
$130/w
04 Sep 2006
  • 22 Dec 2022
    Sold for $200,000
  • 07 Dec 2022
    Listed for Sale $219,000
  • 12 May 2009
    Sold for $141,000
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About Wy Yung 3875

The size of Wy Yung is approximately 35.4 square kilometres. It has 8 parks covering nearly 0.3% of total area. The population of Wy Yung in 2011 was 1,709 people. By 2016 the population was 1,658 showing a population decline of 3.0% in the area during that time. The predominant age group in Wy Yung is 50-59 years. Households in Wy Yung are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wy Yung work in a trades occupation. In 2011, 74.5% of the homes in Wy Yung were owner-occupied compared with 77.9% in 2016.

Wy Yung has 1,089 properties. Over the last 5 years, Houses in Wy Yung have seen a 80.73% increase in median value, while Units have seen a 58.85% increase. As at 31 October 2024:

  • The median value for Houses in Wy Yung is $671,083 while the median value for Units is $365,467.
  • Houses have a median rent of $420.
There are currently 28 properties listed for sale, and 1 property listed for rent in Wy yung on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Wy yung.

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