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VIC › Yarram › Commercial Rd

129 Commercial Rd, Yarram VIC 3971

For saleHouse for Sale

$540,000

For sale

Asking

3

Bedrooms

1

Bathrooms

6

Car spaces

1,005 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $540,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $540,000(Listing record · 29 Apr 2026)
  • CalculationLand 1,005 m² against a 187 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationIf it leased at Yarram's advertised median rent ($417/wk), implied gross yield would be 4.02% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$540,000

Asking · $537/m² of land

No recorded sale for this property.

Yarram at a glance

2,108

People

No data

Median sale

$417/wk

Median rent

No data

Suburb gross yield

See the full Yarram report →

Total cost to purchase

Purchase Price
$540,000
Stamp Duty (Victoria)
$27,470
Transfer/Registration Fee
$1,368
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$572,538

$32,538 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Yarram's advertised median rent — not a rent for this listing.

Net yield
2.52%
Annual cashflow (pre-tax)
$-14,496
Interest cover (DSCR)
0.48
Annual rent
$21,684
Operating expenses
$8,100
Loan amount
$432,000
Annual interest
$28,080
Gross yield
4.02%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$540,000available29 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $417/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Yarram in one glance

Yarram at a glance

2,108

People

No data

Median sale

$417/wk

Median rent

No data

Suburb gross yield

See the full Yarram report →

Keep researching

  • Why Yarram? Read the area thesis →
  • What else is on the market in Yarram →
  • Other records on Commercial Rd →

Listing material

Listed by Professionals Yarram

STEP BACK IN TIME- VICTORIAN COTTAGE WITH ATTACHED SHOP. LARGE SHED! LIVE AND WORK FROM HOME BUSINESS

We are searching for an entrepreneurial type to revive this business. The three-bedroom attached home provides the backdrop for your imagination.

Set along the wide, welcoming stretch of Commercial Road, 129 stands as a quiet reminder of Yarram's early 20th-century Victorian era.

The building has so much character, being built circa 1904, and with some cosmetic renovation would be a testament to when buildings were built to last.

Read the full description

The home and shop were built during a period when the town was finding its rhythm, serving surrounding farms, timber workers, and a growing local community. You can still feel that sense of purpose in the bones of the place: solid, enduring, and thoughtfully positioned on its generous 1005m² allotment of beautifully maintained gardens and mature trees.

The original building is proclaimed as being the first building to use bricks in the town. It was originally a bootmaker's business; then history has it that it has also been a printing business for the local newspaper, along with a news agency. In more recent times, it has opened its doors to an antique venture. What is its future?

From the street, there's an immediate warmth; this is a home that has lived many lives. Originally a residence, it later evolved to include a charming adjoining space that once operated as an antique store. It's easy to imagine the front rooms filled with curiosities and conversation, locals dropping by to browse or share stories. That separate yet connected area now offers flexibility, whether as a studio, a workspace, or a nod to its past life, ready to be reimagined again.

Inside, the home unfolds with a comforting simplicity. Three bedrooms provide space for family or guests, while the central living areas reflect the easy, practical layout of its era. The single bathroom serves the home efficiently, and throughout, there's a sense of authenticity that invites you to lean into its history rather than replace it. Why would you, when the floorboards throughout are Baltic pine, high Victorian ceilings and there are five fireplaces!

Comfortable living now and future opportunity to restore to former glory.

Out back, the property opens up. The large shed hints at years of storage, tinkering, and perhaps even small-scale trade, while the expansive yard offers room to grow, garden, or simply enjoy the space that's increasingly rare in town settings.

In addition to the original large, spacious shed on the north side of the backyard, there was a further shed added in 2019. This shed, which replaced the original horse stables, measures 9M in length X 4.5M wide and abuts the rear laneway, providing excellent access. However, the beauty of this building is the mezzanine floor on three sides, which effectively doubles its capability. This shed could be further enhanced to be a self-contained living area with the addition of a kitchenette and bathroom.

There's a quiet freedom here, where the land feels just as important as the house itself.

Homes like this aren't just structures; they're chapters. From its early days over a century ago to its time as a local antique shop to what it might become next.

129 Commercial Road carries its history lightly but meaningfully. For those drawn to character, possibility, and a tangible connection to Yarram's past, it offers something genuinely special.

Are you the one/ones to bring this home back to life?

Don't miss this opportunity; contact us today to book your viewing!

OPEN 7 DAYS A WEEK! - Ian Seed 0436036646

For a Due Diligence Checklist, visit: consumer.vic.gov.au/duediligencechecklist

Listing description written by Ian Seed, Professionals Yarram — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.