OFF MARKET

2/78 Union Street
Yarram VIC 3971

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 696m2
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Last updated 14 Oct 2024
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Property Details for 2/78 Union St, Yarram

2/78 Union St, Yarram is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 696m2.

Building Type
Unit
Year Built
1970
Land Size
696m2
Local Government
Wellington

Last Listing description (August 2024)

Situated on a corner block, this property features two 2 bedroom units on one title, both currently leased. This opportunity is ideal for a discerning investor or anyone with a vision for enhancing these units with a touch of paint and updating.

Unit 1 Features - Facing Union Street
- 2 Bedrooms with built in robes

- Loungeroom
- Kitchen with plenty of storage
- Dining area
- Bathroom with separate shower & bath
- Separate toilet
- Laundry area
- split system
- Secure rear yard
- Single garage

Unit 2 Features - Facing Yarram Street
- 2 Bedrooms with built in robes
- Loungeroom
- Compact kitchen with gas cooking
- Bathroom with shower over bath
- Laundry area
- split system
- Small enclosed yard
- Single garage

Resting on a 696 sqm land plot, these units present a distinctive investment opportunity or serve as an ideal site for potential future development. The possibilities for this property are limitless. Situated in the heart of Yarram, it conveniently sits within walking distance to shops, schools, and public transportation options.

Don't miss out on this fantastic opportunity. Contact Bianca today to arrange a viewing or get more information.

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Property History for 2/78 Union St, Yarram, VIC 3971

A timeline of how this property has performed in the market
  • 08 Aug 2024
    Listed for Sale $499,000
  • 22 Dec 2023
    Listed for Sale $499,000

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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 1,490 properties. Over the last 5 years, Houses in Yarram have seen a 71.30% increase in median value, while Units have seen a 84.22% increase. As at 30 September 2024:

  • The median value for Houses in Yarram is $389,699 while the median value for Units is $292,267.
  • Houses have a median rent of $375 while Units have a median rent of $228.
There are currently 20 properties listed for sale, and no properties listed for rent in Yarram on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Yarram.

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