OFF MARKET

275 Heads Road
Yannathan VIC 3981

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 460978m2
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Property Details for 275 Heads Rd, Yannathan

Building Type
Commercial
Land Size
460978m2
Local Government
Cardinia
Lot/Plan
1/PS744007

Last Listing description (September 2023)

With family ownership going back over 100 years, 'Myrtlewood' is a property steeped in local history. Comprising 113.91 acres of highly productive soil sown to pasture and currently being used for cattle grazing, the land is subdivided into 10 paddocks with a number of tree plantations providing shelter and aesthetic appeal.
The impressive original solid brick homestead showcases elements of Edwardian Queen Anne Style Architecture and offers four bedrooms and generous living areas over two levels.
It will require renovation to return it to its original glory, but the reward for the effort will be significant.

Shedding includes a hay/machinery shed and disused dairy, as well as a fully licensed bore and 3 dams.
Located 10kms from Lang Lang, 15kms from Koo Wee Rup and 22 kms to Pakenham Training Centre Tynong and 90kms from Melbourne CBD, this property is ideally situated for those wanting a lifestyle acreage with an easy commute to local conveniences and the South Eastern Suburbs.

Also being offered as part of the family property are 51 acres known as 'Priestleys' (30 Factory Rd: 1.5kms from 'Myrtlewood') and 41 acres known as 'Westernport' (745 Westernport Rd: 4kms from 'Myrtlewood') comprising a combined total of approximately 207 acres.

Inspections by Appointment only.

Property History for 275 Heads Rd, Yannathan, VIC 3981

A timeline of how this property has performed in the market
  • 24 Oct 2022
    Listed for Sale asking $2.9 million
  • 20 Jun 2017
    Listed for Sale $430,000

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About Yannathan 3981

The size of Yannathan is approximately 36.2 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Yannathan in 2011 was 213 people. By 2016 the population was 251 showing a population growth of 17.8% in the area during that time. The predominant age group in Yannathan is 60-69 years. Households in Yannathan are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yannathan work in a managers occupation. In 2011, 64.4% of the homes in Yannathan were owner-occupied compared with 66.2% in 2016..

Yannathan has 139 properties. Over the last 5 years, Houses in Yannathan have seen a 53.21% increase in median value. As at 31 October 2024:

  • The median value for Houses in Yannathan is $1,554,425 while the median value for Units is $1,347,350.
There are currently 4 properties listed for sale, and no properties listed for rent in Yannathan on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Yannathan.

Suburb Insights for Yannathan 3981

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.