FOR SALE
$850,000

1 & 1a Pirena Place
Lithgow NSW 2790

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 715.1m2
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Double The Income

A fantastic investment property with two modern freestanding homes on one title. The combined income is $720 per week and each of the homes have reliable tenants in place. The layouts consist of modern open plans with built-in wardrobes in all 3 bedrooms, split system air conditioning, modern kitchens and bathrooms, attached garages and fully fenced yard spaces.
A rare listing with this type of dual occupancy.

Property Details for 1 & 1a Pirena Pl, Lithgow

1 & 1a Pirena Pl, Lithgow is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 715.1m2. The place is currently for sale with LJ Hooker Lithgow.

Building Type
House
Land Size
715.1m2

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About Lithgow 2790

The size of Lithgow is approximately 6 square kilometres. It has 18 parks covering nearly 23.4% of total area. The population of Lithgow in 2011 was 5,649 people. By 2016 the population was 5,211 showing a population decline of 7.8% in the area during that time. The predominant age group in Lithgow is 60-69 years. Households in Lithgow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lithgow work in a trades occupation. In 2011, 65% of the homes in Lithgow were owner-occupied compared with 62% in 2016.

Lithgow has 3,252 properties. Over the last 5 years, Houses in Lithgow have seen a 57.77% increase in median value, while Units have seen a 100.29% increase. As at 31 July 2024:

  • The median value for Houses in Lithgow is $495,532 while the median value for Units is $469,969.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 52 properties listed for sale, and 33 properties listed for rent in Lithgow on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Lithgow.

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Blake Edgell
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LJ Hooker Lithgow
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