85 Princes HighwayYarragon VIC 3823
Property Details for 85 Princes Hwy, Yarragon
Last Listing description (July 2024)
Princes Highway service road suited for premium retail options plus rear shed of 140m2 (approx.) An additional option of a 3 bedroom residential home in the bustling town of Yarragon. Zoned Commercial 1
Located on the Princes Highway with Murray Street access, this residence plus business combination is ideal for those looking to reside onsite whilst running a thriving business in Yarragon.
The location itself is perfect; surrounded by quality businesses, the new supermarket is being built right next door. Yarragon has become known for its brick a brac stores, antique furniture offerings and other specialty stores.
With 3 phase power throughout - making it an ideal setup for any business venture or workshop activities you may have planned. This property offers endless potential - don't miss out!
For more information or to arrange an inspection contact Katie or Jackie today!
Property History for 85 Princes Hwy, Yarragon, VIC 3823
- 16 Jul 2024Listed for Rent $35,000 / year
- 21 Mar 2024Sold for $1,078,000
- 16 Jan 2024Listed for Rent $49,000 / year
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0About 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 1,162 properties. Over the last 5 years, Houses in Yarragon have seen a 42.24% increase in median value, while Units have seen a 34.73% increase. As at 31 October 2024:
- The median value for Houses in Yarragon is $594,296 while the median value for Units is $422,988.
- Houses have a median rent of $460.
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