SOLD
Sold on 16 Apr 2024 for $2,000,000

605 Yan Yean Road
Yarrambat VIC 3091

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 347m2
Land area: 10363m2
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Property Details for 605 Yan Yean Rd, Yarrambat

Building Type
Commercial
Floor Size
347m2
Land Size
10363m2
Local Government
Nillumbik
Lot/Plan
2/PS447589

Last Listing description (March 2018)

The property is approximately 10 years old and has been previously ran as a veterinary clinic. Located alongside a kennel business the property would ideally suit a clinic again however it could also suit a variety of other uses such as office, medical or some form of retail. The property has 2 levels with an office area of approximately 100sqm upstairs that also has a kitchen and toilet facilities. Downstairs is approximately
247sqm and comprises a large reception/waiting room as you enter then a further 5 private rooms, a storage room, laundry, toilet and a further large open work space. At the rear there is a private courtyard. The 2 levels can be split into separate tenancies or lease the lot.
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Property History for 605 Yan Yean Rd, Yarrambat, VIC 3091

A timeline of how this property has performed in the market
Last Sold
$2,000,000
16 Apr 2024
Listed for Rent
06 Mar 2018
  • 16 Apr 2024
    Sold for $2,000,000
  • 05 Feb 2018
    Listed for Rent - Price not available
  • 20 Nov 2017
    Listed for Rent - Price not available
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About Yarrambat 3091

The size of Yarrambat is approximately 15.4 square kilometres. It has 6 parks covering nearly 19.5% of total area. The population of Yarrambat in 2011 was 1,511 people. By 2016 the population was 1,557 showing a population growth of 3.0% in the area during that time. The predominant age group in Yarrambat is 50-59 years. Households in Yarrambat are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Yarrambat work in a trades occupation. In 2011, 92.7% of the homes in Yarrambat were owner-occupied compared with 89.8% in 2016.

Yarrambat has 609 properties. Over the last 5 years, Houses in Yarrambat have seen a 32.88% increase in median value. As at 30 November 2024:

  • The median value for Houses in Yarrambat is $1,944,636 while the median value for Units is $839,618.
  • Houses have a median rent of $425.
There are currently 6 properties listed for sale, and no properties listed for rent in Yarrambat on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Yarrambat.

Suburb Insights for Yarrambat 3091

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.