7/5 Herbert St, Yarra Glen is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2007. The property has a land size of 13m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
This perfectly presented and centrally located townhouse, has many possibilities for the astute investor. You can live in it, run it as a lucrative Air B&B, or rent it out.
It consists of one large bedroom plus study with open plan living lounge, dining and kitchen area and large bathroom. The property will be sold fully furnished so there nothing more to spend and you'll save thousands of dollars.
The balcony stretches right across the townhouse (approx. 10 metres wide) for you to relax and enjoy the views of distant hills and mountains.
All this located in the centre of Yarra Glen with just a short walk to the famous Grand Hotel, local bakeries, cafes, the IGA supermarket and many speciality shops. Not to mention being completely immersed in the world-renowned Yarra Valley region, with endless options of wineries, artisan produce, restaurants, chocolatiers, luxury spas and more around each corner.
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:
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