SOLD
Sold on 11 Sep 2024 for $1,330,000

102 Old Wilby Road
Yarrawonga VIC 3730

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 1072940m2
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Property Details for 102 Old Wilby Rd, Yarrawonga

Building Type
Rural
Land Size
1072940m2
Local Government
Moira
Lot/Plan
10/LP118328

Last Listing description (July 2019)

Cushman & Wakefield are pleased to present for sale this extraordinary opportunity to secure an exceptional land banking opportunity of significant scale.
Once in a generation land banking opportunity
Land area 107.8 Ha*

Future development potential (STPA)
Benefits from short term income
Within the draft Major Towns Strategy Plan (reviewed June 2018)
Partial Industrial Growth Area under the draft Strategy Plan
Local Authority: Moira Shire Council
Town water, gas & electricity services available
Extensive frontage onto Old Wilby Rd & Channel Rd
Access to Murray Valley Highway
Minutes from Yarrawonga Train Station
Close to Silverwood s Resort & Yarrawonga Golf Club
2.5 hours* north east of Melbourne
*approx.
Note: The Yarrawonga Strategy Plan Review (June 2018) has not been endorsed by council, the Yarrawonga Strategy Plan (December 2004) will remain in place until the revised Strategy Plan is finalised and adopted.

For Sale via Expressions of Interest closing at 12 noon on Thursday the 28th February 2019 (AEDT).

Property History for 102 Old Wilby Rd, Yarrawonga, VIC 3730

A timeline of how this property has performed in the market
Last Sold
$1,330,000
11 Sep 2024
  • 11 Sep 2024
    Sold for $1,330,000
  • 08 Dec 2023
    Transferred
  • 01 Aug 2023
    Transferred
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About Yarrawonga 3730

The size of Yarrawonga is approximately 95.9 square kilometres. It has 10 parks covering nearly 1.6% of total area. The population of Yarrawonga in 2011 was 7,056 people. By 2016 the population was 7,916 showing a population growth of 12.2% in the area during that time. The predominant age group in Yarrawonga is 60-69 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation. In 2011, 71.2% of the homes in Yarrawonga were owner-occupied compared with 69.8% in 2016.

Yarrawonga has 6,750 properties. Over the last 5 years, Houses in Yarrawonga have seen a 52.50% increase in median value, while Units have seen a 63.86% increase. As at 30 September 2024:

  • The median value for Houses in Yarrawonga is $626,184 while the median value for Units is $399,040.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 260 properties listed for sale, and 12 properties listed for rent in Yarrawonga on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in Yarrawonga.

Suburb Insights for Yarrawonga 3730

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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.