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.
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.
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:
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