29-31 Merrigang StreetBowral NSW 2576
Property Details for 29-31 Merrigang St, Bowral
29-31 Merrigang St, Bowral is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1876. The property has a land size of 2093m2 and floor size of 381m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom House sold in Bowral in the last 12 months.
Last Listing description (October 2024)
Footsteps to Corbett Gardens and hidden behind century-old planting, 'Annandale' built c1876, is one of the grand dames of Bowral's prestigious Merrigang Street. Recently renovated and with twelve-foot ceilings, wide hallways, traditional fireplaces and generous bedrooms and living areas, it offers grand modern luxury wrapped in historic charm. Enjoy a six-bedroom family home, or as it is currently, utilise as an Airbnb that offers three separate self-contained residences, returning a huge rental yield. The garden is a magical wonderland of age-old plantings including a giant redwood in the front garden with a six-metre girth. The historic appeal and 'wow' factor of this home cannot be underestimated. Only 150m from the bustling town of Bowral and all its bars, restaurants and boutique shopping, the walk-to-everything convenience makes this the perfect town/country retreat.
Also featuring:
Current short-term rental yield of approx. $150,000 - $160,000
East wing apartment: 2 bed/1bath; west wing apartment: 1 bed/1 bath
Interior lining boards; stunning deep skirting boards and decorative woodwork
Beautiful interiors and bathrooms; light-filled living room with soaring ceilings
Central heating; ceiling fans; large country kitchen plus two small kitchens
Oversized attached double garage; garden sheds; courtyard between wings
Exquisite and entirely private rear gardens with lovely cool-climate specimens
Property History for 29-31 Merrigang St, Bowral, NSW 2576
- 20 Aug 2024Sold for $3,900,000
- 28 Jun 2024Listed for Sale Contact Agent
- 22 Sep 2023Listed for Sale Contact Agent
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0About 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 6,531 properties. Over the last 5 years, Houses in Bowral have seen a 54.83% increase in median value, while Units have seen a 40.16% increase. As at 31 October 2024:
- The median value for Houses in Bowral is $1,553,954 while the median value for Units is $899,582.
- Houses have a median rent of $740 while Units have a median rent of $590.
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