25 York RoadMount Evelyn VIC 3796
Property Details for 25 York Rd, Mount Evelyn
25 York Rd, Mount Evelyn is a 13 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 928m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (April 2023)
This unique residential/commercial investment currently returns $2788.00 Pw or $145,000 approx Gross per annum which equates to around 11.6% per annum on the asking price. This is a unique opportunity to secure a property with a proven return. On 929m2 this is a clean and well-maintained property with excellent landscaping. The main building is BV with one fully self-contained unit PLUS a separate 2-bed WB unit at the rear. Profit and loss statements are available for serious buyers. As this is classed as a commercial investment, banks will lend to around 60% of their valuation. The property is exempt from Land Tax as it is a service to the community. Each room is comfortably furnished, there are multiple shared bathrooms plus a communal BBQ facility, outdoor areas and 6KW solar power. The position is outstanding with supermarket, shopping centre, cafes and bus transport opposite.
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Property History for 25 York Rd, Mount Evelyn, VIC 3796
- 18 Feb 2023Sold for $1,050,000
- 18 Oct 2021Listed for Sale $1,100,000
- 25 Jun 2014Sold for $602,000
Recent sales nearby
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About Mount Evelyn 3796
The size of Mount Evelyn is approximately 17.4 square kilometres. It has 23 parks covering nearly 19.5% of total area. The population of Mount Evelyn in 2016 was 9702 people. By 2021 the population was 9799 showing a population growth of 1.0% in the area during that time. The predominant age group in Mount Evelyn is 30-39 years. Households in Mount Evelyn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Evelyn work in a trades occupation.In 2021, 87.10% of the homes in Mount Evelyn were owner-occupied compared with 87.10% in 2016.
Mount Evelyn has 4,031 properties. Over the last 5 years, Houses in Mount Evelyn have seen a 22.96% increase in median value, while Units have seen a 34.60% increase. As at 31 December 2025:
- The median value for Houses in Mount Evelyn is $943,558 while the median value for Units is $741,372.
- Houses have a median rent of $595 while Units have a median rent of $360.
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