OFF MARKET

945 Melba Highway
Yarra Glen VIC 3775

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1073m2
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Property Details for 945 Melba Hwy, Yarra Glen

945 Melba Hwy, Yarra Glen is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1073m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Land Size
1073m2
Local Government
Yarra Ranges
Lot/Plan
23/LP21120

Last Listing description (April 2022)

Sure to tempt those who can visualise an exciting future, a golden opportunity awaits with this well-presented three-bedroom home on an impressive acre block that offers extraordinary scope for first time home buyers looking to move in now and enjoy or the savvy investor who recognises a sound opportunity to add to their property portfolio.

Privately positioned on a well maintained and presented clear block, the residence welcomes you into a classic home of period features, including high ceilings, floating floors and character proportion. A flexible floorplan includes an updated central kitchen comprising electric upright stove with an adjacent walk-in pantry, while the adjoining living area offers comfortable surroundings and an abundance of natural light. The relaxed meals area opens out to an elevated alfresco decking and rear garden and makes for an easy transition to indoor/outdoor entertaining and living. Other features of note include a central family sized bathroom offering separate bath, shower and WC, ducted heating and air conditioning.

The well-positioned man cave pavilion is a sight to behold and will be the envy of all of your friends. Offering an expansive zone complete with fireplaces, rustic timber panelling, so much space for activities and an in-built redgum bar. Adjoining the man cave is a separate, private storage space with fireplace that could be easily adapted to a studio or home office space. Outside, the opportunities don't end with a sizable block that could easily host a cricket match now, offer a great spot for the kids to run and play or perhaps the future site of a pool or extension (STCA). The useable 1072m2 block means you are only limited by your imagination.

Positioned along a quiet service road and superbly located to take advantage of walking distance to local transport, Yarra Glen township, Yarra Glen Primary, McKenzie Reserve and the popular Yarra Glen Racecourse, the lifestyle advantages of living in the picturesque Yarra Valley awaits with premium dining, cafes and cellar door experiences close by, just a short drive from Healesville and Lilydale and only an hour from Melbourne CBD.

Property History for 945 Melba Hwy, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$760,000
23 Mar 2022
  • 23 Mar 2022
    Sold for $760,000
  • 03 Mar 2022
    Listed for Sale $750,000 to $820,000
  • 06 Feb 1996
    Sold for $80,000

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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 1,475 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.