233 Montgomery RoadYarroweyah VIC 3644
Property Details for 233 Montgomery Rd, Yarroweyah
Last Listing description (November 2024)
This is an interesting rural investment opportunity with potential 3 income streams:
approx 10 ha of an established solar farm, leased for 30 years & fully maintained by the operators, returning approx $19,000 PA
2 residences, both a 4 BR spacious x settlement WB residence & 3 BR semi transportable residence both currently leased returning approx $30,000 PA, however vacant possession is available if required
* 2 GMW delivery shares & access to drainage
The property is well located only 10 kms from Cobram & has school buses at the gate.
The property is for very genuine sale, inspect with confidence.
Property History for 233 Montgomery Rd, Yarroweyah, VIC 3644
- 30 Oct 2024Listed for Sale $980,000 - $1,020,000
- 21 Mar 2018Sold for $475,000
- 22 Aug 2017Listed for Sale $489,000
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About Yarroweyah 3644
The size of Yarroweyah is approximately 59.6 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Yarroweyah in 2011 was 527 people. By 2016 the population was 558 showing a population growth of 5.9% in the area during that time. The predominant age group in Yarroweyah is 50-59 years. Households in Yarroweyah are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarroweyah work in a managers occupation. In 2011, 76.1% of the homes in Yarroweyah were owner-occupied compared with 84.4% in 2016..
Yarroweyah has 285 properties. Over the last 5 years, Houses in Yarroweyah have seen a 102.64% increase in median value, while Units have seen a 100.67% increase. As at 31 October 2024:
- The median value for Houses in Yarroweyah is $420,899 while the median value for Units is $263,103.
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