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5 Churchill Place, Yarrawonga VIC 3730

$525,000

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$525k - $551k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 1054 m²

Listed: 44 days ago

Updated: 23 days ago

Overview

This property is a well-positioned house located in the coveted golden square of Yarrawonga, mere moments from the town centre, essential local schools, hospital, and the scenic Lake Mulwala. Encompassed by approximately 1,054 square meters of land, it offers extensive potential for renovators and property developers alike.

The sizable block is an ideal canvas, providing opportunities either to renovate the existing three-bedroom home or to start afresh with a development project such as a unit complex, capitalizing on the generous land area. The nearby amenities and high demand ensure properties in this prized locale attract swift interest.

Parking convenience is provided with a two-car carport, enhancing functionality. The home’s single bathroom aligns with its straightforward, practical layout. This property suits buyers who are purposeful about investment or redevelopment potential in a thriving community setting.

Local Market Insights

In Yarrawonga, Quiet Listings observed 38 new houses entering the market over the last 30 days, up from 35 during the previous 30-day period, with an average advertised asking price of $1,004,182. The property type mix of listed properties is predominantly Houses at 73%, followed by land (17%), and units (8%). The most active agency for houses in the Yarrawonga area is currently Kennedy Real Estate Yarrawonga Mulwala, representing 50% of new listings, followed by Elders Real Estate with 24%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.