SOLD
RECENT ADVICE
Sold on 25 Jun 2024 for $625,000

1/48 King Street
Yarra Glen VIC 3775

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 423m2
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Property Details for 1/48 King St, Yarra Glen

1/48 King St, Yarra Glen is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 423m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Yarra Glen in the last 12 months.

Building Type
Unit
Land Size
423m2
Local Government
Yarra Ranges
Lot/Plan
1/PS644371

Last Listing description (June 2024)

We know it's hard to find a first-home buy or affordable investment below $700,000: that is why this compact 3 bedroom home is guaranteed to be popular.

It represents enormous value, offering an east-facing floor plan, street-front location, and an easy walk to Yarra Glen's charming main street.

The home has a snug, functional floor plan, perfect for a young pair or buyer seeking low maintenance. The kitchen is fitted with timber bench tops and a walk-in pantry, as well as opening out to the covered deck. Features of the home include double glazed windows on the east-facing side, timber floors and top-speed NBN Fibre to the Premises. The home is heated by hydronic heating, which gives a lovely gentle radiant heat, as well as air conditioning and fans in every room.

What the owner loves? The studio / work room, which has its own external access, perfect if you run a home-business or home-based practice.

Externally, there is a double carport, and 7 kinds of fruit trees in the garden, as well as 3-phase power connected.

Text 148KING to 0448 820 022 for more information.

If you are a first home buyer and need assistance with getting into the market, call Integrity Real Estate's sales professionals on 03 5962 5753.

Property History for 1/48 King St, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$625,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $625,000
  • 15 Jun 2024
    Sold for $625,000
  • 20 May 2024
    Listed for Sale $625,000
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About Yarra Glen 3775

The size of Yarra Glen is approximately 35.1 square kilometres. It has 7 parks covering nearly 1.9% of total area. The population of Yarra Glen in 2011 was 2,611 people. By 2016 the population was 2,843 showing a population growth of 8.9% in the area during that time. The predominant age group in Yarra Glen is 0-9 years. Households in Yarra Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarra Glen work in a trades occupation. In 2011, 81.3% of the homes in Yarra Glen were owner-occupied compared with 82.4% in 2016.

Yarra Glen has 1,456 properties. Over the last 5 years, Houses in Yarra Glen have seen a 41.24% increase in median value, while Units have seen a 22.53% increase. As at 31 July 2024:

  • The median value for Houses in Yarra Glen is $937,339 while the median value for Units is $615,174.
  • Houses have a median rent of $565 while Units have a median rent of $370.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Yarra glen on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Yarra glen.

Suburb Insights for Yarra Glen 3775

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Rob Verhagen
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Bill Verhagen
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Integrity Real Estate
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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.