21 Bell Street, Yarra Glen, VIC 3775 sold on 31 July 2025 | OnTheHouse
 
SOLD
Sold on 31 Jul 2025 for $1,450,000

21 Bell Street
Yarra Glen VIC 3775

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1635m2
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Property Details for 21 Bell St, Yarra Glen

Building Type
Commercial
Land Size
1635m2
Local Government
Yarra Ranges
Lot/Plan
1/PS337250

Last Listing description (November 2023)

Knight Frank is delighted to present this exceptional Development or Investment opportunity to the market for sale.

Premium Main Street Position.

Outstanding opportunity to secure a rare multiple title prospect.

Situated on the Main Street through the ever-growing Yarra Glen, offering immense potential to any savvy developer or investor looking to reap the benefits of Melbourne's Yarra Valley.

- 21 Bell Street - 1637 sqm*
- 23 bell Street 857 sqm*
- Total land area 2,494 sqm*
- Total Retail Space - 535 sqm*
- Rear Warehouse 160 sqm*
- Dual access via Herbert Street
- Zone - Commercial 1 (CZ1) & General Res 1 (GRZ1)
- Current holding income with opportunity to immediately improve

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Property History for 21 Bell St, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$1,450,000
31 Jul 2025
Listed for Rent
$1.15k/w
22 Mar 2023
  • 31 Jul 2025
    Sold for $1,450,000
  • 18 Jun 2023
    Listed for Sale $2,700,000
  • 22 Mar 2023
    Listed for Rent $60,000 / year
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About Yarra Glen 3775

The size of Yarra Glen is approximately 35.1 square kilometres. It has 7 parks covering nearly 1.9% of total area. The population of Yarra Glen in 2016 was 2869 people. By 2021 the population was 3012 showing a population growth of 5.0% in the area during that time. The predominant age group in Yarra Glen is 50-59 years. Households in Yarra Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarra Glen work in a trades occupation.In 2021, 85.70% of the homes in Yarra Glen were owner-occupied compared with 82.40% in 2016.

Yarra Glen has 1,484 properties. Over the last 5 years, Houses in Yarra Glen have seen a 24.24% increase in median value, while Units have seen a -3.65% decrease. As at 31 December 2025:

  • The median value for Houses in Yarra Glen is $978,464 while the median value for Units is $616,475.
  • Houses have a median rent of $650 while Units have a median rent of $485.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Yarra glen on OnTheHouse. According to Cotality's data, 51 properties were sold in the past 12 months in Yarra glen.

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