7/38 Nicol StreetYarram VIC 3971
Property Details for 7/38 Nicol St, Yarram
7/38 Nicol St, Yarram is a 2 bedroom, 1 bathroom Townhouse and was built in 1990. The property has a land size of 145m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
Great location for an investment property. With high demand for tenants, this unit has not been vacant.
Strata titled 2 bedroom unit in a small group, just minutes away from shops, schools and all major facilities, including doctors and hospital. Neat and compact unit, with modern styled kitchen with electric cooking. Main bedroom has built in robes. Secure back courtyard, and parking space. This block of 8 units have a very high tenant occupancy rate.
Currently tenanted with a weekly rent of $190, so if you are looking for a wise and safe investment contact Bianca today to arrange an inspection or for further information.
Property History for 7/38 Nicol St, Yarram, VIC 3971
- 27 Sep 2021Sold for $165,000
- 17 Sep 2021Listed for Sale Under Contract
- 18 Oct 2017Listed for Sale $147,500
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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 1,495 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:
- The median value for Houses in Yarram is $387,930 while the median value for Units is $291,737.
- Houses have a median rent of $375 while Units have a median rent of $228.
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