38 The Parade, Yea is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1034m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Set on a substantial allotment in a highly convenient Yea location, this well-presented family home delivers the perfect blend of comfortable living, strong investment appeal, and exciting future potential.Offering four bedrooms, established residential improvements, and valuable rear side access, the property presents exceptional flexibility for families, investors, or buyers seeking additional space with long-term upside.Previously benefiting from a battle-axe subdivision approval (now lapsed), the site configuration highlights the property's potential for future redevelopment or further enhancement, subject to council approval.Inside, the home provides practical family living with generous accommodation and a functional layout, while outside the expansive block creates room for vehicles, trailers, gardens, entertaining, or future possibilities.Currently leased at approximately $440 per week, the property also offers immediate rental income for investors looking to secure a solid holding within the tightly held Yea market.Features include:* Spacious allotment with excellent future potential* Four-bedroom family home* Rear side access for added convenience and functionality* Established residential setting close to town amenities* Strong investment appeal with existing rental return* Subdivision potential (STCA)With regional lifestyle demand continuing to grow, opportunities combining land size, flexibility, and development potential are becoming increasingly difficult to secure.An outstanding opportunity to enter the Yea market with options for today and possibilities for tomorrow.
The size of Yea is approximately 177.3 square kilometres. There is 1 park, covering nearly 0.3% of the total area. The population of Yea in 2016 was 1587 people. By 2021 the population was 1789 showing a population growth of 12.7% in the area during that time. The predominant age group in Yea is 60-69 years. Households in Yea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yea work in a trades occupation.In 2021, 78.20% of the homes in Yea were owner-occupied compared with 73.40% in 2016.
Yea has 1,441 properties. Over the last 5 years, Houses in Yea have seen a 26.22% increase in median value, while Units have seen a 27.39% increase. As at 30 June 2026:
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