41 Ely Street, Yarrawonga, VIC 3730 | House for sale | OnTheHouse
 
FOR SALE
$509,000

41 Ely Street
Yarrawonga VIC 3730

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1013m2
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CENTRAL YARRAWONGA OPPORTUNITY – ¼ Acre with Endless Potential

Positioned in one of Yarrawonga's most sought-after central locations, 41 Ely Street presents a rare opportunity to secure a substantial ¼-acre (approx.) allotment with exceptional future potential.
The existing older-style home with refurbished bathroom and kitchen offers immediate use while providing scope to renovate, extend or redevelop (STCA). Whether you're a home buyer looking to add value or an investor seeking a premium development site, this property delivers flexibility and promise.
Enjoy the unbeatable lifestyle on offer, with easy access to Lake Mulwala, the main street shopping and dining precinct, schools, and essential services-all just moments away. Opportunities of this size and position are becoming increasingly scarce in central Yarrawonga.
• Exceptional prime central location
• Potential for future development STCA
• Year-round comfort with 2x split systems, evap cooling & open fire place
• Refurbished kitchen & bathroom
• 1,013 m2 level allotment
A prime landholding in a blue-chip location, ideal for those with vision looking to capitalise on location, lifestyle and long-term growth.
Inspect today and explore the possibilities.
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Property Details for 41 Ely St, Yarrawonga

41 Ely St, Yarrawonga is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1013m2. The place is currently for sale with Elders Real Estate Yarrawonga.

Building Type
House
Land Size
1013m2
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About Yarrawonga 3730

The size of Yarrawonga is approximately 95.9 square kilometres. It has 10 parks covering nearly 1.6% of total area. The population of Yarrawonga in 2016 was 7930 people. By 2021 the population was 8661 showing a population growth of 9.2% in the area during that time. The predominant age group in Yarrawonga is 60-69 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation.In 2021, 73.70% of the homes in Yarrawonga were owner-occupied compared with 69.80% in 2016.

Yarrawonga has 7,116 properties. Over the last 5 years, Houses in Yarrawonga have seen a 38.00% increase in median value, while Units have seen a 57.61% increase. As at 31 December 2025:

  • The median value for Houses in Yarrawonga is $663,888 while the median value for Units is $414,878.
  • Houses have a median rent of $530 while Units have a median rent of $390.
There are currently 184 properties listed for sale, and 26 properties listed for rent in Yarrawonga on OnTheHouse. According to Cotality's data, 321 properties were sold in the past 12 months in Yarrawonga.

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Leigh Ramsdale
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Xavier Leslie
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Elders Real Estate Yarrawonga
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