OFF MARKET

2 Morgan Drive
Yea VIC 3717

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Land area: 4024m2
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Property Details for 2 Morgan Dr, Yea

Building Type
Rural
Land Size
4024m2
Local Government
Murrindindi
Lot/Plan
9/PS701992

Last Listing description (March 2021)

We are excited to present this magnificent 2.5 year old master built home on 1 acre showcasing superior craftsmanship in all of its appointments and fixtures. Set on a thick waffle slab the home is a serene oasis amidst landscaped grounds, encapsulated by post and rail fences creating 2 distinct outer and inner gardens. Encompassing 40 squares (approx) under roof, the home offers large generous spaces and an expansive living room with stunning stone feature wall , flowing through to a kitchen which will delight the heart of a Michelin star chef. This features a 900mm Ilve electric stove and gas hob cook top, a Bosh dishwasher and expansive stone island bench and custom made soft close drawers and cupboards. Around the corner is a butler's pantry/laundry with ample storage cupboards sinks and benches. All windows take advantage of the landscaped garden that surrounds the entire house and affords privacy from every room. Heating and air conditioning is ducted from the high ceilings throughout although the custom made 2700mm double glazed windows and doors along with the thick acoustic insulation in the roof, floor and walls help keep the house at a constant 20 degrees year round with little or no help from the air conditioning. Ambient heat in winter is supplied by the wood fired stove/heater. The bricks are Italian, the tiles are Spanish and the door and drawer handles are imported from Italy together with every other fixture being of the same highest quality. The massive Queensland sourced Spotted Gum beams soar on 3 outside decks with the accent being on space and luxury living. A huge shed with 15 amp and 10 amp power sits comfortably away from the house with easy access and concrete floor. The house is designed so 2 of the bedrooms, a bathroom and living area can be separated from the main house and be run as an AirBnB, already with a proven income stream. Otherwise it operates altogether as a beautiful and spacious 3 bedroom, 2 bathroom home. Close to the Yea shops and a stones throw from the Yea Golf Course and Great Victorian Rail Trail, this exceptional property will captivate the most discerning of buyers.

Property History for 2 Morgan Dr, Yea, VIC 3717

A timeline of how this property has performed in the market
Last Sold
$905,000
11 Mar 2021
  • 11 Mar 2021
    Sold for $905,000
  • 24 Oct 2020
    Listed for Sale Contact Agent
  • 27 Apr 2016
    Sold for $160,000

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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 1,413 properties. Over the last 5 years, Houses in Yea have seen a 34.45% increase in median value, while Units have seen a 33.97% increase. As at 31 October 2024:

  • The median value for Houses in Yea is $529,867 while the median value for Units is $406,257.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 55 properties listed for sale, and 8 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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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.