45 Duke StreetYarram VIC 3971
Property Details for 45 Duke St, Yarram
45 Duke St, Yarram is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 634m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Yarram in the last 12 months.
Last Listing description (May 2024)
Investors should be savvy and buy this home. Alternately, buy your first home for less than your current weekly rent!
The home itself is sound. It has a BIR in the main bedroom and a serviceable central kitchen. Gas heating in the large lounge room and an electric stove/oven. Garage off to the side of the property.
With rental properties in the area at less than 0.05% availability, this is a solid investment that will earn near 6% per year plus capital growth. Better than banks!
Alternately, first-home buyers may enjoy this opportunity, as it presents an excellent stepping stone into the home ownership market.
At this price, it is not expected that the home will remain on the market for long, so please call 0436036646 to seize this opportunity.
Property History for 45 Duke St, Yarram, VIC 3971
- 04 May 2024Sold for $242,000
- 08 Feb 2024Listed for Sale $270000
- 17 Jun 2021Sold for $215,000
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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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