SOLD
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Sold on 21 May 2024 for $1,500,000

1736 Waterloo Road
Yarragon VIC 3823

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 23.3ac
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Property Details for 1736 Waterloo Rd, Yarragon

1736 Waterloo Rd, Yarragon is a 3 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 23.3ac. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom AcreageSemi-rural sold in Yarragon in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
23.3ac
Local Government
Baw Baw
Lot/Plan
1/TP346085

Last Listing description (May 2024)

Ideally located on the township boundary of bustling Yarragon, this 23 acres of prime real estate is a superb investment and development opportunity for the future.

With an impressive dual street frontage overlooking Princes Highway and Yarragon-Shady Creek Road as well as only being 450m from Yarragon Railway Station, this block is well positioned for potential future development (STCA) even though it is currently zoned farming.

There is a rundown 3 bedroom home with 1 bathroom on the block with shedding and cattle yards and your investment is well protected by the glorious views across to the Baw Baw and Strezlecki Ranges, a prominent feature as you drive through the heart of Yarragon.

With the demand for rural housing increasing significantly as property prices continue to rise and with unprecedented population growth forecasted, this is an investment you are destined to make a terrific return on in years to come.

This is an opportunity to have your say on the future landscape of Yarragon.

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Property History for 1736 Waterloo Rd, Yarragon, VIC 3823

A timeline of how this property has performed in the market
Last Sold
$1,500,000
21 May 2024
  • 21 May 2024
    Sold for $1,500,000
  • 22 Jul 2023
    Listed for Sale $1,500,000 to $1,575,000
  • 14 Jun 2018
    Sold for $860,000
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About Yarragon 3823

The size of Yarragon is approximately 68 square kilometres. The population of Yarragon in 2011 was 1,525 people. By 2016 the population was 1,667 showing a population growth of 9.3% in the area during that time. The predominant age group in Yarragon is 50-59 years. Households in Yarragon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarragon work in a trades occupation. In 2011, 81.8% of the homes in Yarragon were owner-occupied compared with 78.8% in 2016.

Yarragon has 1,158 properties. Over the last 5 years, Houses in Yarragon have seen a 43.54% increase in median value, while Units have seen a 33.83% increase. As at 31 August 2024:

  • The median value for Houses in Yarragon is $603,943 while the median value for Units is $417,265.
  • Houses have a median rent of $450.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Yarragon on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Yarragon.

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