973 Melba Highway, Yarra Glen, VIC 3775 | Property Value & History | OnTheHouse
OFF MARKET

973 Melba Highway
Yarra Glen VIC 3775

Bedrooms: 8
Bathrooms: 3
Car spaces: 6
Floor area: 499m2
Land area: 21483m2
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Property Details for 973 Melba Hwy, Yarra Glen

Building Type
Rural
Year Built
2011
Floor Size
499m2
Land Size
21483m2
Local Government
Yarra Ranges
Lot/Plan
3/PS420529

Last Listing description (November 2022)

This beautiful lifestyle property offers an unbelievable wow factor from the moment you enter the grounds. Positioned 100 metres (approx.) back from the road, you're greeted by a 65 square (approx.) split-level home resting on a tranquil 5.3 acres (approx. 21,486m2) and soaking up magnificent views of the Yarra Valley and majestic Dandenongs.

This stunning property begins with a tranquil tree-lined driveway leading up to this sprawling residence showcasing a delightful wrap-around verandah that affords brilliant panoramic views. High ceilings are matched by stunning glazings and rich Tassie Oak floorboards to create a lasting first impression. The residence has been cleverly designed, resulting in a floorplan that works perfectly for a growing family.

Multiple living zones are versatile and encourage the occupants to socialise together while providing the opportunity to also spend time apart. Spacious living options include; carpeted formal lounge, open-plan family/dining area, separate rumpus complete with bar and a theatre room boasting bespoke storage cupboards, projector, screen and decorative cornices.

Unparalleled luxury continues outdoors with a play forte for children to spend hours of fun. At the back of the property, the in-ground swimming pool provides the family with a holiday-at-home feel - perfect for parties and summer barbeques. A poolside powder room/change area adds to the functionality of this fabulous outdoor space.

Conceived with entertaining in mind, the country-style kitchen will impress with stainless steel appliances; 900mm dual-fuel cooker, dishwasher and rangehood, generous cupboards, sweeping benchtops for meal preparation including a Victorian Ash timber island, walk-in pantry and pendant lighting to create an eye-catching finish. The adjoining dining area leads outside through bi-fold doors to the verandah, offering an arresting space to unwind with a wine at the end of the day while relishing the spectacular outlook.

The master enjoys a large walk-in robe, appreciable mountain views and a contemporary ensuite boasting a frameless rain shower, stone-topped vanity with soft-close drawers and large format floor-to-ceiling tiles. Five additional bedrooms comprise built-in robes, all with convenient access to the palatial bathroom incorporating a shower and two-person spa.

On the lower level, a further two robed bedrooms feature separate external access, with one being enhanced with a walk-in robe and full ensuite. The thoughtfully conceived layout of the home provides the opportunity for these two rooms to be utilised as a guest room, teen retreat, home business or in-law accommodation.

The comprehensive list of inclusions are summarised as; multiple powder rooms, highly functional laundry with generous storage and bench space, hydronic heating, evaporative cooling, LED lights, surplus storage, two staircases, triple linen cupboard, two separate paddocks (fully fenced), chook pen, external awnings, windmill, 22,000 litre water tank, as well as being connected to mains gas, water and sewerage. The property boasts garaging for up to twelve vehicles, including a huge barn which also offers a wood heater, storage room, bathroom and adjoining toilet.

This house is located within close proximity to Yarra Glen Racecourse, Yarra Glen Primary School, Steels Creek, Bowling Club, Yarra Glen Railway Station, Yarra Glen Shopping Centre, local bus stop, McKenzie Reserve with playground, as well as being in close reach of Yering Primary School, markets and wetlands.

Breathtaking at every turn, this outstanding residence offers the ideal opportunity for a large family to live the dream.

Property History for 973 Melba Hwy, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$2,111,000
29 Apr 2021
  • 29 Apr 2021
    Sold for $2,111,000
  • 08 Apr 2021
    Listed for Sale CONTACT AGENT
  • 10 May 2018
    Listed for Sale Contact Agent
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About Yarra Glen 3775

The size of Yarra Glen is approximately 35.1 square kilometres. There are 7 parks, covering nearly 1.9% of the 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 1,476 properties. Over the last 5 years, Houses in Yarra Glen have seen a 8.29% increase in median value, while Units have seen a 11.13% increase. As at 30 June 2026:

  • The median value for Houses in Yarra Glen is $969,482 while the median value for Units is $675,152.
  • Houses have a median rent of $660 while Units have a median rent of $485.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Yarra glen on OnTheHouse. According to Cotality's data, 63 properties were sold in the past 12 months in Yarra glen.

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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.