OFF MARKET

1048 Skyline Road
Yarra Glen VIC 3775

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 124m2
Land area: 10800m2
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Property Details for 1048 Skyline Rd, Yarra Glen

1048 Skyline Rd, Yarra Glen is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 10800m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1980
Floor Size
124m2
Land Size
10800m2
Local Government
Yarra Ranges
Lot/Plan
CP106892

Last Listing description (November 2024)

Seize this rare opportunity to own an acreage property with breathtaking views of the Yarra Valley. Situated on the highest point of Skyline Road, this charming Western Red Cedar home, filled with warmth and character awaits a viewing. Enjoy complete privacy and tranquillity, just minutes from the vibrant Yarra Glen township and the region's top tourist attractions.

As you enter through the remote-controlled gated entrance, you'll be welcomed by beautifully maintained gardens that will captivate even the most discerning horticulturist. This idyllic setting, teeming with native wildlife including kookaburras, and other small animals, creates the perfect backdrop for a quintessential Australian bush retreat. The expansive entertainment deck offers sweeping 180 degree views across the North-East of the Yarra Valley.

The home features 2 bedrooms plus a study/home office/potential third bedroom, a dual-access main bathroom, an open-plan kitchen, gas cooking, dishwasher, a sunken formal dining and a spacious laundry. Additional highlights include ambient wood heating, reverse cycle split systems, and built-in robes.

A standout feature of this property is the charming one-bedroom studio cottage. With its open bedroom, semi-en suite, and private setting within the gardens and decking, this space is perfect for use as an Airbnb rental, offering a lucrative income potential. Guests will be drawn to the tranquil atmosphere and picturesque surroundings, making it an ideal choice for those seeking a peaceful getaway in the Yarra Valley.

Wander through the gardens to discover an orchard with an abundance of fruit trees, and additional property features include a large 11.5m x 7m shed with a concrete base, power, and facilities. Currently set as a 1 bedroom studio complete with a cosy living space and bathroom, the perfect second airbnb/teenage retreat.
Furthermore, the property encompasses another 5.5m x 6m double garage and adjacent double carport.

Deeper exploration reveals a wood shed, chicken coop, and vegetable patch, providing everything you need for a sustainable permaculture lifestyle. The property is supported by generous water storage and is fully fenced with accessible pathways throughout.

Currently operated as a successful Airbnb, this property offers a wide range of opportunities, this property is an ideal choice for those looking to establish both a home and business in the Yarra Valley, or simply to enjoy a serene weekend escape from the hustle and bustle. Don't miss the chance to experience all that this exceptional property has to offer.

Property History for 1048 Skyline Rd, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$1,220,000
11 Dec 2020
  • 19 Aug 2024
    Listed for Sale NEW PRICE! $1,350,000-$1,400,000
  • 11 Dec 2020
    Sold for $1,220,000
  • 01 Dec 2020
    Listed for Sale Price Contact Agent
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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 1,475 properties. Over the last 5 years, Houses in Yarra Glen have seen a 31.37% increase in median value, while Units have seen a 30.87% increase. As at 31 October 2024:

  • The median value for Houses in Yarra Glen is $898,858 while the median value for Units is $651,118.
  • Houses have a median rent of $695 while Units have a median rent of $370.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Yarra glen on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Yarra glen.

Suburb Insights for Yarra Glen 3775

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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.