OFF MARKET

37 Fairview Avenue
Yarram VIC 3971

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 699m2
Land area: 335m2
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Property Details for 37 Fairview Ave, Yarram

37 Fairview Ave, Yarram is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 335m2 and floor size of 699m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
1950
Floor Size
699m2
Land Size
335m2
Local Government
Wellington
Lot/Plan
1/PS709717

Last Listing description (April 2024)

Location is key in real estate, and this property excels in that regard. Situated in a highly sought-after area, it provides easy access to essential amenities, schools, public transport and recreational facilities. The prime location enhances the property's appeal, making it a desirable choice for potential tenants and ensuring strong rental demand.

This three bedroom, one bathroom home has been cleverly designed to maximize every inch, offering a perfect blend of functionality and comfort.
The investment comes with the added advantage of a secure lease in place, extending until November 2024, with a rental return of $290 per week.

Don't miss out on this golden opportunity to add this secure investment property to your portfolio. With a stable lease, corner block appeal and a location that ensures continued demand, this property is a smart choice for the investor.

Call Sonya on 0427 444 244 to inspect.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 51826600

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Property History for 37 Fairview Ave, Yarram, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$157,200
22 Sep 2018
Listed for Rent
$240/w
09 Nov 2018
  • 11 Jan 2024
    Listed for Sale $330,000
  • 05 Oct 2018
    Listed for Rent - Price not available
  • 22 Sep 2018
    Sold for $157,200
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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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