OFF MARKET

5 Recreation Avenue
Yea VIC 3717

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 490m2
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Property Details for 5 Recreation Ave, Yea

5 Recreation Ave, Yea is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 490m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
2016
Floor Size
116m2
Land Size
490m2
Local Government
Murrindindi
Lot/Plan
2/PS710193

Last Listing description (February 2021)

This 3 year old three-bedroom house is on a 500m2 (approx) easily maintained block in a set of six with a shared driveway. Carpeted in all bedrooms and the living area, with a walk-in robe in the master bedroom and built-in robes in the other bedrooms, it's apparent that this house has been built for comfort and easy living. The bathroom has a separate bath and shower recess; the main toilet is in its own room. The ensuite off the master bedroom contains shower, vanity and toilet. A european-style laundry is adjacent to the bathroom. Enter via the gate in the front picket fence, walk up two steps to the front deck. There's also two small decks off the east and west doors off the open-plan living / kitchen / meals area. The area is quiet but close to the sports and recreation ground, and a short stroll to the main shopping strip and beyond to childcare, schools and swimming pool. A very satisfactory long term tenant would like to remain at the property and therefore an excellent purchase for an investor.

Property History for 5 Recreation Ave, Yea, VIC 3717

A timeline of how this property has performed in the market
Last Sold
$487,500
28 Oct 2021
Listed for Rent
$320/w
25 Nov 2016
  • 28 Oct 2021
    Sold for $487,500
  • 15 Sep 2020
    Listed for Sale $420,000
  • 09 Nov 2016
    Listed for Rent - Price not available
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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 1,414 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 53 properties listed for sale, and 11 properties listed for rent in Yea on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Yea.

Suburb Insights for Yea 3717

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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.