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38 The Parade

Yea VIC 3717

4
1
1034 m²
House
Currently for sale - view listing

Overview

Big Block Brilliance in Central Yea – Invest, Nest or Develop

Set on a substantial allotment in a highly convenient Yea location, this well-presented family home delivers the perfect blend of comfortable living, strong investment appeal, and exciting future potential. Offering four bedrooms, established residential improvements, and valuable rear side access, the property presents exceptional flexibility for families, investors, or buyers seeking additional space with long-term upside. Previously benefiting from a battle-axe subdivision approval (now lapsed), the site configuration highlights the property's potential for future redevelopment or further enhancement, subject to council approval. Inside, the home provides practical family living with generous accommodation and a functional layout, while outside the expansive block creates room for vehicles, trailers, gardens, entertaining, or future possibilities. Currently leased at approximately $440 per week, the property also offers immediate rental income for investors looking to secure a solid holding within the tightly held Yea market. Features include: * Spacious allotment with excellent future potential * Four-bedroom family home * Rear side access for added convenience and functionality * Established residential setting close to town amenities * Strong investment appeal with existing rental return * Subdivision potential (STCA) With regional lifestyle demand continuing to grow, opportunities combining land size, flexibility, and development potential are becoming increasingly difficult to secure. An outstanding opportunity to enter the Yea market with options for today and possibilities for tomorrow.

Features

4 bedrooms
1 bathroom
1034 m² lot size
House

Property history for 38 The Parade

2023
Rented
Undisclosed
Leased on 14 Nov 2023 by Noble Knight Real Estate
2021
Sold
Undisclosed
Private Sale/Treaty on 09 Oct 2021 by Deb Robinson, of D A Robinson Real Estate
2019
Rented
Undisclosed
Leased on 14 Oct 2019 by D A Robinson Real Estate

Happy sellers in Yea

<50%
50% of sellers in Yea reported that their sale price either exceeded or met their price expectations.

Yea stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Yea over the last 12 months.

Local market activity for 4 bedroom houses in Yea

In the last 12 months, 21 four-bedroom houses similar to 38 The Parade, have been sold.

This represents a 110% decrease in four-bedroom houses sales when compared to the previous 12 months.

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