SOLD
RECENT ADVICE
Sold on 21 Oct 2024 for $450,000

5 Meara Street
Yea VIC 3717

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1486m2
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Property Details for 5 Meara St, Yea

5 Meara St, Yea is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1486m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Yea in the last 12 months.

Building Type
House
Land Size
1486m2

Last Listing description (October 2024)

Nestled on a generous 1486m² block, this 3-bedroom home offers endless opportunity with incredible potential for future development (STCA).

Property Highlights:

• Generous Land Size: Spread out on a sprawling 1486m² block, providing

ample space for your vision and creativity to flourish.

• The Home: This 3-bedroom residence features large living spaces, updated
bathroom, and carport.

• Development Potential: With STCA (Subject to Council Approval), explore
the possibilities for future expansion, subdivision, or redevelopment. Ideal
for investors or those seeking to capitalize on this prime location.

• Prime Location: Enjoy the convenience of a central location with easy
access to local amenities, schools, parks, and transport options.

This is a rare opportunity to secure a sizable parcel of land in a sought-after area. Whether you're looking to move in, invest, or develop, this property offers endless possibilities.

Note: All development potential is subject to council approval.

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Property History for 5 Meara St, Yea, VIC 3717

A timeline of how this property has performed in the market
Last Sold
$450,000
21 Oct 2024
  • 21 Oct 2024
    Sold for $450,000
  • 30 Jul 2024
    Listed for Sale $450,000
  • 27 May 2022
    Listed for Sale $650,000
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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 1,417 properties. Over the last 5 years, Houses in Yea have seen a 41.94% increase in median value, while Units have seen a 43.50% increase. As at 30 November 2024:

  • The median value for Houses in Yea is $547,445 while the median value for Units is $418,023.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 53 properties listed for sale, and 10 properties listed for rent in Yea on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Yea.

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