FOR SALE
$730,000

5 Lovel Street
Katoomba NSW 2780

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 592m2
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Quintessential 1950's Cottage With a Twist

This classic 1950s-era cottage retains many period features and benefits from a great central location. The twist is that the Cottage has been split into two, one-bed units, separately metered, perfect as rentals.
Inside, you will find well-proportioned rooms with high ceilings typical of the period. Unit One and Unit Two are located side by side and have separate access. Each Unit has a cozy sitting room which in turn leads to renovated kitchens and a well-proportioned bedroom. Both Units share a common small garden with elevated views to the South West of the local area. Features include; high ceilings, polished floorboards and partly newly painted inside.
Lovel Street is a popular residential area located on the south side of the main town. Kingsford Smith Park is only a 50-metre walk away and is a favourite spot for dog owners. The house is around a 500-metre walk from the train station, shops, and cafes. This area is served by South Katoomba Public School. Currently an investment property, this character cottage will continue to attract renters or would be a great first home for those seeking something small and manageable with potential for the future. Based on recent sales in the town you won't want to miss out on this one.
Unit 1 rental estimation $360 to $400 pw and Unit 2 rental $320 to $350 apprx pw.
• Two separate one bedroom units
• 1950's period cottage
• High ceilings, polished floorboards, partly newly painted
• New roof
• Close to the town centre
• 592 Sqm block size, C4 zoned
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Property Details for 5 Lovel St, Katoomba

5 Lovel St, Katoomba is a 2 bedroom, 2 bathroom House. The property has a land size of 592m2. The place is currently for sale with Theo Poulos Real Estate.

Building Type
House
Land Size
592m2

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About Katoomba 2780

The size of Katoomba is approximately 22.2 square kilometres. It has 45 parks covering nearly 23.1% of total area. The population of Katoomba in 2011 was 8,016 people. By 2016 the population was 7,978 showing a population decline of 0.5% in the area during that time. The predominant age group in Katoomba is 60-69 years. Households in Katoomba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Katoomba work in a professional occupation. In 2011, 62% of the homes in Katoomba were owner-occupied compared with 63.6% in 2016.

Katoomba has 6,046 properties. Over the last 5 years, Houses in Katoomba have seen a 44.92% increase in median value, while Units have seen a 35.03% increase. As at 31 October 2024:

  • The median value for Houses in Katoomba is $846,706 while the median value for Units is $595,813.
  • Houses have a median rent of $560 while Units have a median rent of $430.
There are currently 50 properties listed for sale, and 7 properties listed for rent in Katoomba on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Katoomba.

Suburb Insights for Katoomba 2780

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Edward Balfour
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Danielle Smith
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Theo Poulos Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.