OFF MARKET

14 Ghin Ghin Road
Yea VIC 3717

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2170394m2
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Property Details for 14 Ghin Ghin Rd, Yea

Building Type
Land
Land Size
2170394m2
Local Government
Murrindindi
Lot/Plan
2/TP862653

Last Listing description (December 2021)

Located within two minutes from Yea and 25 minutes Seymour with connection to Melbourne via the Hume Freeway or high speed rail link to the CBD.

Extensive sealed road frontage to the Goulburn Valley Highway and Ghin Ghin Road.

The land comprises gently undulating hills to river flats with extensive frontage to the Yea River. There are many outstanding building sites on the property (STCA).

'Bumanto' is fenced into eight paddocks and is watered by six dams and the Yea River. Timber cattle yards with a cattle crush are the only infrastructure on the property.

'Bumanto' has been in the one family ownership in excess of 120 years and gives intending purchasers a rare opportunity to secure prime real estate in the popular Yea district.

For Sale by Expression of Interest closing Monday 3rd May 2021 at 5.00 pm.

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Property History for 14 Ghin Ghin Rd, Yea, VIC 3717

A timeline of how this property has performed in the market
  • 26 Feb 2021
    Listed for Sale In excess of $4 million

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About Yea 3717

The size of Yea is approximately 177.3 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Yea in 2011 was 1,594 people. By 2016 the population was 1,601 showing a population growth of 0.4% in the area during that time. The predominant age group in Yea is 60-69 years. Households in Yea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yea work in a trades occupation. In 2011, 75.4% of the homes in Yea were owner-occupied compared with 73.4% in 2016.

Yea has 1,416 properties. Over the last 5 years, Houses in Yea have seen a 49.01% increase in median value, while Units have seen a 25.47% increase. As at 31 August 2024:

  • The median value for Houses in Yea is $590,333 while the median value for Units is $391,122.
  • Houses have a median rent of $400 while Units have a median rent of $360.
There are currently 55 properties listed for sale, and 5 properties listed for rent in Yea on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Yea.

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