Back 4/48 Murphy Street
Off Market

4/48 Murphy Street

Yarrawonga VIC 3730

2
1
1
107 m²
Apartment
Last sold for $304,000
Danielle KennedyDanielle Kennedy, last sold this property on 29 July 2024 after 40 days on market.

Overview

Jump in to Bricks & Mortar

Opportunity awaits for the keen investor to jump into the market at an attractive price point. Located in central Yarrawonga and is one of four units that is positioned at the rear allowing a little more space for a yard. With two bedrooms, neat kitchen and open plan living area there is little to do. Currently leased with good tenancy until May 2025. Rental Yield approx. 6%.

Features

2 bedrooms
1 bathroom
1 carspace
107 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Yarrawonga over the last 12 months, the estimated median property value of 4/48 Murphy Street is $432k.

Median value
$432k
Estimated value range
$310k - $522.5k
Median days on market
47
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Yarrawonga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/48 Murphy Street

2024
Sold
$304,000
Private Sale/Treaty on 29 Jul 2024 by Danielle Kennedy, of O'Meara Kennedy Real Estate
2023
Rented
Undisclosed
Leased on 19 Nov 2023 by O'Meara Kennedy Real Estate
2021
Sold
Undisclosed
Private Sale/Treaty on 13 Aug 2021

Happy sellers in Yarrawonga

75%
75% of sellers in Yarrawonga reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Yarrawonga over the last 12 months.

Local market activity for 2 bedroom apartments in Yarrawonga

In the last 12 months, 10 two-bedroom apartments similar to 4/48 Murphy Street, have been sold.

This represents a 150% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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