38 The Parade, Yea, Vic 3717

$650,000 - $680,000

House
Type
4
Bedrooms
1
Bathrooms
1,034 mΒ²
Area

Last updated on Friday, May 29, 2026 ( See property details for 38 The Parade, Yea, Vic 3717)

$650,000 - $680,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-presented family home on a substantial allotment in Yea offering excellent investment potential and future development options.

🏑 Property Highlights

  • Spacious 1,034 m² allotment with excellent future development potential
  • Four-bedroom family home offering versatile living options
  • Rear side access for added convenience and functionality
  • Established residential setting close to town amenities
  • Currently leased at approximately $440 per week providing immediate rental income
  • Potential for subdivision or further redevelopment (STCA)

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Home Office / Study
  • Ensuite
  • Air Conditioning
  • Extra Storage (Shed/Linen)
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38 The Parade
Yea, VIC 3717
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Vertical aerial view β€” 38 The Parade
38 The Parade — Vertical Aerial  •  Yea, VIC 3717  •  Nearmap © 2026

Yea is a vibrant regional town known for its strong community spirit, scenic surroundings, and growing demand for quality housing. It offers convenient access to local amenities, outdoor recreation, and a relaxed lifestyle. The area is ideal for families, investors, and those seeking a peaceful yet connected environment. With ongoing regional growth, Yea presents promising opportunities for long-term property appreciation.

What is the current condition of the property?
The property is well-presented with established residential improvements, ready for immediate occupancy or further renovation.
What are the future development possibilities for this site?
The property has potential for subdivision or redevelopment, subject to council approval, with a previously approved battle-axe subdivision now lapsed.
Is there existing rental income, and what is the current lease rate?
Yes, the property is currently leased at approximately $440 per week, providing immediate rental income.
Are there any restrictions or approvals needed for subdivision?
Subdivision potential exists (STCA), but all development plans would require council approval and compliance with local zoning regulations.
What are the nearby amenities and services?
The property is located close to town amenities, including shops, schools, and outdoor recreational facilities, making it highly convenient.
Are there any existing easements, covenants, or zoning restrictions that could affect future development plans? Has the property been affected by any flooding or bushfire risks in the area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or enjoyment? What are the total costs involved in potential subdivision or redevelopment, including council fees and approvals? Are there any hidden defects or maintenance issues not immediately visible that could incur additional costs?

38 The Parade, Yea, Vic 3717 - More Details

$650,000 - $680,000

Type
House
Bedrooms
4
Bathrooms
1
Area
1,034 mΒ²

Price guide

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