119-121 Princes HighwayYarragon VIC 3823
Property Details for 119-121 Princes Hwy, Yarragon
Last Listing description (November 2010)
Leasehold for Sale - Yarragon Motel
Situated in the heart of Gippsland Gourmet country with highway frontage, 14 three and a half star, well furnished units and only 100 minutes from Melbourne - this fantastic family run business is for sale. The property is the only motel accomodation in town. The business has solid patronage and is simple and easy to operate.
Property History for 119-121 Princes Hwy, Yarragon, VIC 3823
- 10 Dec 2022Transferred
- 11 Apr 2010Listed for Sale 335000
- 01 May 2003Sold for $100,000
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0About Yarragon 3823
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 1,206 properties. Over the last 5 years, Houses in Yarragon have seen a 22.97% increase in median value, while Units have seen a 9.70% increase. As at 31 July 2026:
- The median value for Houses in Yarragon is $679,224 while the median value for Units is $437,309.
- Houses have a median rent of $550.
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