AUCTION: 14TH APRIL, 3PM ONSITE - CRE Ref# 50344
Must be sold! Here is a real opportunity for the taking. The Commercial Hotel Yarragon is situated in the centre of town with strong local and passing trade. The hotel was built in 1923 and sits on 2 seperate titles. The venue includes a cafe, bar, bistro, beer garden, 7 hotel rooms, lounge area, huge car park and bottle shop. Contact us today for a full information memorandum on this fantastic freehold going concern.
The size of Yarragon is approximately 68.0 square kilometres. The population of Yarragon in 2016 was 1650 people. By 2021 the population was 1893 showing a population growth of 14.7% in the area during that time. The predominant age group in Yarragon is 60-69 years. Households in Yarragon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarragon work in a trades occupation.In 2021, 81.30% of the homes in Yarragon were owner-occupied compared with 78.80% in 2016.
Yarragon has 1,192 properties. Over the last 5 years, Houses in Yarragon have seen a 35.70% increase in median value, while Units have seen a 8.90% increase. As at 30 April 2026:
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