OFF MARKET

1/38 Nicol Street
Yarram VIC 3971

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 138m2
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Last updated 11 Nov 2024
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Property Details for 1/38 Nicol St, Yarram

1/38 Nicol St, Yarram is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 138m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
138m2
Local Government
Wellington
Lot/Plan
1/SP25161

Last Listing description (April 2023)

This is a compact yet well planned 2 bedroom unit that offers open planned living and dining with a modern styled kitchen with electric cooking. The main bedroom has built in robes and there is separate laundry area which leads to a small outback washing area.

Positioned in a Strata titled complex of 8 units which has always had a very high tenant occupancy rate so definitely a must for investors. Located an easy walk to the shops, schools and all major facilities, including doctors and hospital.


Currently tenanted with a weekly rent of $200, so if you are looking for a wise and safe investment contact us today to arrange an inspection.


* Boundary lines on images are indicative only

Property History for 1/38 Nicol St, Yarram, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$190,000
03 Nov 2022
Listed for Rent
$190/w
23 Mar 2018
  • 03 Nov 2022
    Sold for $190,000
  • 25 Oct 2022
    Listed for Sale Under Offer
  • 28 Jul 2021
    Sold for $152,000
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About Yarram 3971

The size of Yarram is approximately 110.9 square kilometres. It has 9 parks covering nearly 5.6% of total area. The population of Yarram in 2011 was 2,168 people. By 2016 the population was 2,123 showing a population decline of 2.1% in the area during that time. The predominant age group in Yarram is 60-69 years. Households in Yarram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarram work in a managers occupation. In 2011, 67.7% of the homes in Yarram were owner-occupied compared with 67.7% in 2016.

Yarram has 1,495 properties. Over the last 5 years, Houses in Yarram have seen a 61.17% increase in median value, while Units have seen a 82.74% increase. As at 31 October 2024:

  • The median value for Houses in Yarram is $387,930 while the median value for Units is $291,737.
  • Houses have a median rent of $375 while Units have a median rent of $228.
There are currently 24 properties listed for sale, and no properties listed for rent in Yarram on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Yarram.

Suburb Insights for Yarram 3971

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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.