SOLD
Sold on 16 Aug 2024 for $2,200,000

116 Mittagong Road
Bowral NSW 2576

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 135m2
Land area: 1907m2
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Property Details for 116 Mittagong Rd, Bowral

116 Mittagong Rd, Bowral is a 4 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 1907m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Bowral in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
135m2
Land Size
1907m2
Local Government
Wingecarribee
Lot/Plan
22/DP529628

Last Listing description (May 2023)

Presenting a unique opportunity to secure a DA approved boarding house site located in the thriving Southern Highlands only moments from Bowral town centre. This development represents an outstanding opportunity for the astute investor looking to secure a high return investment in a highly sought location.

- DA approved for 23 units including managers quarters
- Situated just a few minutes walk to supermarkets and the town centre

- Train station is a level 5 minute walk and schools are close by
- Large 1910sqm level block ready for construction
- Potential rental returns of $450 per unit per week

The Southern Highlands continues to see strong activity in the property market. This development site is an absolute must to inspect.

For further information please contact Ben Olofsen on 0419 019 423.

Disclaimer: While we make every effort to ensure that the information we provide you is correct and up-to-date, we do not warrant its accuracy or reliability. Interested parties should exercise their own independent skill and judgement before they rely on it. In any important matter, you should seek professional advice relevant to your own circumstances. Interested parties should rely on their own enquiries.

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Property History for 116 Mittagong Rd, Bowral, NSW 2576

A timeline of how this property has performed in the market
Last Sold
$2,200,000
16 Aug 2024
Listed for Rent
$380/w
09 Apr 2019
  • 16 Aug 2024
    Sold for $2,200,000
  • 13 Feb 2023
    Listed for Sale Contact Agent
  • 21 Mar 2019
    Listed for Rent $380 / week
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About Bowral 2576

The size of Bowral is approximately 39.6 square kilometres. It has 19 parks covering nearly 7.6% of total area. The population of Bowral in 2011 was 8,022 people. By 2016 the population was 10,344 showing a population growth of 28.9% in the area during that time. The predominant age group in Bowral is 70-79 years. Households in Bowral are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowral work in a professional occupation. In 2011, 73.8% of the homes in Bowral were owner-occupied compared with 75.2% in 2016.

Bowral has 6,559 properties. Over the last 5 years, Houses in Bowral have seen a 53.54% increase in median value, while Units have seen a 50.91% increase. As at 30 November 2024:

  • The median value for Houses in Bowral is $1,570,356 while the median value for Units is $928,003.
  • Houses have a median rent of $745 while Units have a median rent of $590.
There are currently 93 properties listed for sale, and 31 properties listed for rent in Bowral on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Bowral.

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