OFF MARKET

40 Old Plenty Road
Yan Yean VIC 3755

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 5054m2
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Property Details for 40 Old Plenty Rd, Yan Yean

Building Type
Land
Year Built
2020
Floor Size
400m2
Land Size
5054m2
Local Government
Whittlesea
Lot/Plan
2/TP950401

Last Listing description (January 2017)

The location of this stunning 5,000m2 allotment is best described as 'convenient', with three nearby shopping precincts, only minutes away. (Laurimar, Mernda and Whittlesea). There is a bus stop at the top of the street which makes the property both practical and convenient.
Surrounded by large rural properties rich in heritage, in the sought after Yan Yean post code, it creates a unique opportunity for an astute purchaser.
The peacefulness of a no through road, and friendly neighbours of 30 years, will make a perfect setting for the family to build their dream home. There is plenty of room to add a tennis court , pool, plus room for large shedding for storage or for the tradesman to park trucks or machinery.

The land has a distinct driveway with feature post and rail fence and beautifully re-vegetated with local plants and mulched garden beds. The land then opens up to a flat rectangular shaped acre, surrounded by mature trees with a rural aspect of grazing cows and heritage listed shedding.
The future development of the Yan Yean area will only enhance the value of this allotment; with
The extension of the South Morang line to Mernda - estimated completion 2018-19
- Mernda Police Station (Mernda) - estimated completion 2017-18
- Plenty Rd Duplication - Mill Park to Mernda
- Yan Yean Rd Duplication (Plenty) - estimated completion 2019-20
- Hazel Glen Secondary School (Birth -Y12) - $12m funding for stage 2- estimated completion 2016-17
- There is no heritage listing on this allotment.
We invite you to walk the property and feel the serenity for yourself.
WIth the convenience of town water, phone and power available, and a manageable 1.25 acres will make for relaxed lifestyle and easy living.

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Property History for 40 Old Plenty Rd, Yan Yean, VIC 3755

A timeline of how this property has performed in the market
Last Sold
$374,000
23 Oct 2013
  • 29 Oct 2015
    Listed for Sale POA
  • 23 Oct 2013
    Sold for $374,000
  • 15 Jun 2013
    Sold for $340,000
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About Yan Yean 3755

The size of Yan Yean is approximately 32.4 square kilometres. It has 3 parks covering nearly 2.9% of total area. The population of Yan Yean in 2011 was 300 people. By 2016 the population was 259 showing a population decline of 13.7% in the area during that time. The predominant age group in Yan Yean is 60-69 years. Households in Yan Yean are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yan Yean work in a trades occupation. In 2011, 74.3% of the homes in Yan Yean were owner-occupied compared with 80.4% in 2016..

Yan Yean has 147 properties. Over the last 5 years, Houses in Yan Yean have seen a 47.52% increase in median value. As at 30 November 2024:

  • The median value for Houses in Yan Yean is $1,085,705.
There are currently 1 property listed for sale, and no properties listed for rent in Yan yean on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Yan yean.

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