FOR SALE
$750,000

156 Mayne Street
Gulgong NSW 2852

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 179m2
Land area: 1012m2
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INVESTMENT OPPORTUNITIES HERE - RENTAL AND AIR BNB

This property provides an excellent opportunity to maximise income.
The front house is an historic 4 bedroom home with all the amazing features that everyone loves about older homes - wide hallway, french doors, timber lined walls, fireplaces and the beautiful wide floorboards that have stood the test of time.
The beautiful front verandah, picket fence and all the details of this style of home including finials, pressed metal ceilings - it's all here.
What is also here, is a two bedroom studio apartment that is located at the rear of the block with separate access. The apartment is built to lock-up stage currently, but once completed, would provide a rental income in the range of $375 - $450 per week.
This home is set on a block of 1012m2 and is literally half a block from the main shopping/cafe area and restaurants.
If you are thinking about starting or adding to your portfolio, this property could provide a diverse income stream, maximising both long term rental and short term tourist accommodation.
For more details, call RH Gulgong on 63741000

Property Details for 156 Mayne St, Gulgong

156 Mayne St, Gulgong is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1012m2 and floor size of 179m2. The place is currently for sale with Raine & Horne Gulgong.

Building Type
House
Floor Size
179m2
Land Size
1012m2

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About Gulgong 2852

The size of Gulgong is approximately 101 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Gulgong in 2011 was 2,382 people. By 2016 the population was 2,491 showing a population growth of 4.6% in the area during that time. The predominant age group in Gulgong is 0-9 years. Households in Gulgong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gulgong work in a trades occupation. In 2011, 68.4% of the homes in Gulgong were owner-occupied compared with 67.8% in 2016.

Gulgong has 1,627 properties. Over the last 5 years, Houses in Gulgong have seen a 90.53% increase in median value, while Units have seen a 78.08% increase. As at 30 September 2024:

  • The median value for Houses in Gulgong is $532,356 while the median value for Units is $466,982.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 37 properties listed for sale, and 16 properties listed for rent in Gulgong on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Gulgong.

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Nicole Stearman
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Olivia Alexopoulos
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Raine & Horne Gulgong
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