SOLD
RECENT ADVICE
Sold on 06 Dec 2023 for $565,000

2/59 Yarraview Road
Yarra Glen VIC 3775

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/59 Yarraview Rd, Yarra Glen

2/59 Yarraview Rd, Yarra Glen is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Yarra Glen in the last 12 months.

Building Type
Unit
Local Government
Yarra Ranges
Lot/Plan
2/PS422862

Last Listing description (December 2023)

This charming unit presents an enticing opportunity for investors, offering the perfect blend of Yarra Glen's idyllic lifestyle, tree-lined streets, and a serene rural backdrop, all within easy reach of shops, cafes, restaurants, and essential amenities. It effortlessly checks all the boxes when it comes to lifestyle and location.
Boasting two well-appointed bedrooms and a modern family bathroom, the unit ensures year-round comfort with ducted heating throughout and a spacious living area enhanced by a split-system heating and cooling system. You'll appreciate the contemporary touch of modern floating timber flooring that adds a touch of elegance to the space.

Don't miss out on this fantastic investment opportunity – it's leased until September 2024, making it a secure addition to your portfolio.

Property History for 2/59 Yarraview Rd, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$565,000
06 Dec 2023
Listed for Rent
$310/w
14 Jul 2020
  • 06 Dec 2023
    Sold for $565,000
  • 19 Sep 2023
    Listed for Sale Not Disclosed
  • 03 Jul 2020
    Listed for Rent $310 / week
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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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Contact agent
Anthony Knight
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Megan Tiberi
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Noble Knight Real Estate - LILYDALE
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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.