OFF MARKET

10 High Street
Yackandandah VIC 3749

Bedrooms: 1
Bathrooms: 2
Car spaces: -
Land area: 1543m2
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Property Details for 10 High St, Yackandandah

10 High St, Yackandandah is a 1 bedroom, 2 bathroom House. The property has a land size of 1543m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Land Size
1543m2
Local Government
Indigo
Lot/Plan
PC367614

Last Listing description (April 2022)

This commercial freehold in the high street of this historic tourist town has a lot of upside and plenty more scope for further development. The current structures positioned on the front part of the property include several well maintained heritage buildings Circa. 1885 set on the original location of Yackandandah's Clarence Hotel with the old Clarence Room at the rear perhaps 30 years older still. The premises are currently leased to three separate businesses, including cafe/restaurant, bicycle sales and repairs, and massage therapy and yoga studio. All leases have the option to renew or extend.
Further to this the rear half of the land is vacant with laneway access which dissects between High Street and Windham Street at the bottom. There is certainly further scope for development here with options for more commercial buildings or residential development. A lot of this size in the main street of this historic gold mining town is just unheard of. The opportunity may never present again.

Disclaimer:

While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. We therefore do not accept responsibility for its accuracy and strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.

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Property History for 10 High St, Yackandandah, VIC 3749

A timeline of how this property has performed in the market
Last Sold
$780,000
09 Nov 2018
Listed for Rent
$16k/w
09 Sep 2019
  • 20 Jan 2022
    Listed for Sale $1,490,000
  • 29 Apr 2019
    Listed for Rent $15,600 / year
  • 09 Nov 2018
    Sold for $780,000
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About Yackandandah 3749

The size of Yackandandah is approximately 141.2 square kilometres. It has 5 parks covering nearly 23.5% of total area. The population of Yackandandah in 2011 was 1,854 people. By 2016 the population was 1,811 showing a population decline of 2.3% in the area during that time. The predominant age group in Yackandandah is 50-59 years. Households in Yackandandah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yackandandah work in a professional occupation. In 2011, 81.4% of the homes in Yackandandah were owner-occupied compared with 78.1% in 2016.

Yackandandah has 1,043 properties. Over the last 5 years, Houses in Yackandandah have seen a 61.60% increase in median value. As at 31 October 2024:

  • The median value for Houses in Yackandandah is $823,310 while the median value for Units is $432,409.
  • Houses have a median rent of $500.
There are currently 12 properties listed for sale, and no properties listed for rent in Yackandandah on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Yackandandah.

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