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.
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.
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:
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