1/406 Commercial RoadYarram VIC 3971
Property Details for 1/406 Commercial Rd, Yarram
1/406 Commercial Rd, Yarram is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 236m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (July 2023)
This fantastic 2 bedroom unit is situated in the heart of Yarram and is a turn key ready for either you to make it your next home or to make it your next investment opportunity.
This light filled unit comes complete with the following:
-Lovely lounge area which has plenty of natural light flowing through
-Main bedroom has a private walk in robe which has plenty of storage space and leads into the bathroom
-Second bedroom has built in robes
-Recently renovated bathroom with separate shower and bath
-Ample sized laundry
-Single car garage with extra room for storage
-Rear paved courtyard and easy to maintain gardens complete this property.
Those seeking to scale down or looking for a simple lifestyle option should inspect immediately
Alternatively, astute investors should consider due to the properties exemplary rental history in the past!
To view Due Diligence Checklist, visit: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 1/406 Commercial Rd, Yarram, VIC 3971
- 13 Jul 2022Sold for $282,000
- 11 May 2022Listed for Sale $290,000
- 01 Mar 2021Sold for $245,000
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0About 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 1,490 properties. Over the last 5 years, Houses in Yarram have seen a 72.33% increase in median value, while Units have seen a 85.29% increase. As at 31 August 2024:
- The median value for Houses in Yarram is $390,332 while the median value for Units is $296,707.
- Houses have a median rent of $380 while Units have a median rent of $228.
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