SOLD
Sold on 17 Jun 2024 for $2,400,000

344 Glenview Road
Yarra Glen VIC 3775

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 344 Glenview Rd, Yarra Glen

344 Glenview Rd, Yarra Glen is a 3 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Yarra Glen in the last 12 months.

Building Type
House
Local Government
Yarra Ranges
Lot/Plan
1/TP710787

Last Listing description (May 2024)

RENOWNED YARRA VALLEY ASSET

LAWD is pleased to present for sale Ngumby Farm (the Property), a highly productive and established vineyard situated at Yarra Glen, in the highly regarded Yarra Valley vineyard region of Victoria.

KEY INVESTMENT HIGHLIGHTS INCLUDE:

- Comprising a total land area of 22.48* hectares, the Property is planted to 14.59* hectares of established wine grapes with a primary focus on the production of pinot noir, chardonnay, shiraz, sangiovese and nebbiolo.

- Secure water is available, with the addition of fit-for-purpose drip irrigation infrastructure to all vines and extensive frontage to the Yarra River (730* metres).
- Located within an ideal climate for wine grape production benefitted by an annual average rainfall of 822* millimetres.
- Structures include an original four-bedroom weatherboard homestead, comprising a bathroom, kitchen, dining and living areas, as well as rural shedding.
- Benefitted by excellent frontage to Yarraview Road and Glenview Road providing all weather road access.
- Located 2* kilometres from the Yarra Glen town centre, within one of Victoria's most renowned and highly sought vineyard regions.

The Property is being offered for sale by Expression of Interest closing 12pm (AEST) Thursday 9 May 2024.

*approximately

Property History for 344 Glenview Rd, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$2,400,000
17 Jun 2024
  • 20 May 2024
    Sold - Price Undisclosed
  • 17 May 2024
    Listed for Sale EOI

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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 1,477 properties. Over the last 5 years, Houses in Yarra Glen have seen a 28.97% increase in median value, while Units have seen a 27.33% increase. As at 30 November 2024:

  • The median value for Houses in Yarra Glen is $883,989 while the median value for Units is $643,973.
  • Houses have a median rent of $723 while Units have a median rent of $370.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Yarra glen on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Yarra glen.

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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.