13 Mitchell River Flats, Wy Yung, VIC 3875 | Property Value & History | OnTheHouse
OFF MARKET

13 Mitchell River Flats
Wy Yung VIC 3875

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Property Details for 13 Mitchell River Flats, Wy Yung

Building Type
Land
Local Government
East Gippsland
Lot/Plan
1/TP299485

Last Listing description (November 2024)

FERTILE LAND 5 MINUTES FROM TOWN!

This approximately 7.4-acre parcel of land is ideally positioned along the desirable Mitchell River Flats. Known for its high soil fertility, the paddock provides optimal conditions for producing high-quality crops, while the plot's size offers sufficient space for diversification or the development of an intensive farming system.Investing in this fertile land supports both crop production and long-term agricultural ventures, offering a steady return on investment. This land is suitable for both experienced farmers and new landowners looking to start or expand their agricultural activities with the land never taking more than a few minutes to get to from the centre of town.View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 13 Mitchell River Flats, Wy Yung, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$160,000
19 Nov 2024
  • 18 Nov 2024
    Sold for $160,000
  • 04 Nov 2024
    Listed for Sale $179,000
  • 01 Jul 2024
    Listed for Sale $179,000
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About Wy Yung 3875

The size of Wy Yung is approximately 35.4 square kilometres. There are 8 parks, covering nearly 0.3% of the total area. The population of Wy Yung in 2016 was 1657 people. By 2021 the population was 1940 showing a population growth of 17.1% in the area during that time. The predominant age group in Wy Yung is 50-59 years. Households in Wy Yung are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wy Yung work in a professional occupation.In 2021, 79.90% of the homes in Wy Yung were owner-occupied compared with 77.90% in 2016.

Wy Yung has 1,197 properties. Over the last 5 years, Houses in Wy Yung have seen a 57.18% increase in median value, while Units have seen a 56.70% increase. As at 30 June 2026:

  • The median value for Houses in Wy Yung is $765,733 while the median value for Units is $410,149.
  • Houses have a median rent of $440.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Wy yung on OnTheHouse. According to Cotality's data, 55 properties were sold in the past 12 months in Wy yung.

Suburb Insights for Wy Yung 3875

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.