51 Princes Highway

Off Market

51 Princes Highway

Yarragon VIC 3823

0 m²

729 m²

House

Last sold for $452,000

Jason Lee, last sold this property on 12 August 2026 after 97 days on market.

Overview

Commercial Opportunity with Endless Potential

Offering flexibility, visibility and future potential, 51 Princes Highway, Yarragon presents an exciting opportunity in a highly accessible and well-positioned location. Positioned on approximately 729m² and zoned Commercial 2, this versatile property combines comfortable living with a range of possible future uses (STCA). The home offers three bedrooms, one bathroom and a functional layout suitable for residential living, office conversion or mixed-use possibilities (STCA). Offering excellent accessibility and versatility, the property is well suited to a range of commercial, investment or lifestyle opportunities. Further enhancing the appeal is the prominent Princes Highway position, providing exceptional exposure for those looking to operate a business or secure a high-visibility investment in a growing township. Whether you're looking to establish a business presence, secure an investment, or explore future development potential, this is a rare chance to purchase a well-located property with flexible zoning in a tightly held area. Located within walking distance to Yarragon's cafés, shops and train station, and with easy access to the M1 freeway, the property enjoys excellent connectivity to both Melbourne and Gippsland. Key Features: • Approx. 729m² allotment • Commercial 2 Zoning • Three-bedroom, one-bathroom home • Prominent Princes Highway position with excellent exposure • Versatile opportunity for residential, commercial or mixed-use potential (STCA) • Centrally located close to township amenities and transport Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

0 m² floor area

729 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Yarragon over the last 12 months, the estimated median property value of 51 Princes Highway is $612.5k.

Median value

$612.5k

Estimated value range

$375k - $670k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Yarragon. 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 51 Princes Highway

2026

Sold

$452,000

12 Aug 2026 by Jason Lee, of JB Lee Estate Agents

Happy sellers in Yarragon

80%

80% of sellers in Yarragon reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Yarragon over the last 12 months.

Local market activity for 3 bedroom houses in Yarragon

In the last 12 months, 13 three-bedroom houses similar to 51 Princes Highway, have been sold.

This represents a 46% increase in three-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Yarragon for a free market appraisal.

Jackie Shearer

at Ray White Pakenham & Officer

4.9

(64 reviews)

Get a free market appraisal

Geoff Quirk

at Hockingstuart Warragul

(22 reviews)

Get a free market appraisal

Ben Robinson

at Hockingstuart Warragul

4.9

(9 reviews)

Get a free market appraisal

Carmen Christie

at Area Specialist Warragul

4.8

(46 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Yarragon

Jackie Shearer

Sellers who recommend Jackie Shearer have praised them for being local expert, clear communication, honest, reliable, great negotiation, persistent and proactive