OFF MARKET

56 Butler Street
Byron Bay NSW 2481

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 124m2
Land area: 529m2
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Property Details for 56 Butler St, Byron Bay

56 Butler St, Byron Bay is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 529m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1920
Floor Size
124m2
Land Size
529m2
Local Government
Byron
Lot/Plan
1/DP316229

Last Listing description (October 2022)

56 Bulter Street offers a unique opportunity to own two completely self-contained residences both with extremely desirable rental potential, in the beating heart of Byron Bay. Situated in one of the most sought-after central locations in Byron Bay, only a moments' walk to the vibrant town centre and boasting dual access, this property is ripe and ready for the discerning buyer.At the front of the property sits the main residence, a picture-perfect coastal beach house that oozes warmth, charm and style. High ceilings, hardwood floors and a functional floorplan with two separate living areas are just a few of the features of this wonderfully versatile home. Two bedrooms offer ensuite bathrooms, whilst the remaining two share the main with bathtub off the central living space. An open plan kitchen and dining space leads out to a covered deck and large private courtyard featuring established gardens and jacuzzi; you feel a million miles away from the hustle and bustle, with no sense of being in the centre of everything!Boasting rear lane access, the fully approved studio is what elevates the potential of this property. Completely separate and fenced off from the main residence, it provides serenity and privacy. Simply designed to be the perfect open plan, one bedroom, loft-style studio with potential for a second bedroom.Secure parking is available behind an electronic gate for the main residence, along with a parking spot for the studio off the rear lane. Offering charm, warmth, character and an undeniably premium location this property ticks all the boxes for the holiday maker and owner occupier alike. Feature: Quality property in the centre of town Ducted air-conditioning and ceiling fans through-out the main residence Open plan kitchen and dining space leads out to a covered deck Large private courtyard with established gardens Rear lane for access to Butlers Lane, allowing private access to approved studio Generous bedrooms and modern bathrooms Excellent investment opportunity, strong proven incomeCouncil Rates: $4,189.70 pa

Property History for 56 Butler St, Byron Bay, NSW 2481

A timeline of how this property has performed in the market
Last Sold
$2,650,000
03 Jun 2021
Listed for Rent
$1.00k/w
23 Jun 2020
  • 03 Jun 2021
    Sold for $2,650,000
  • 29 May 2021
    Listed for Sale Guide $2.5m - Under Contract
  • 28 Aug 2020
    Sold for $1,815,000
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About Byron Bay 2481

The size of Byron Bay is approximately 19.8 square kilometres. It has 13 parks covering nearly 25.3% of total area. The population of Byron Bay in 2011 was 4,958 people. By 2016 the population was 5,517 showing a population growth of 11.3% in the area during that time. The predominant age group in Byron Bay is 20-29 years. Households in Byron Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Byron Bay work in a professional occupation. In 2011, 53.8% of the homes in Byron Bay were owner-occupied compared with 57.3% in 2016.

Byron Bay has 6,012 properties. Over the last 5 years, Houses in Byron Bay have seen a 70.78% increase in median value, while Units have seen a 30.66% increase. As at 30 November 2024:

  • The median value for Houses in Byron Bay is $2,477,387 while the median value for Units is $1,193,051.
  • Houses have a median rent of $995 while Units have a median rent of $890.
There are currently 33 properties listed for sale, and 18 properties listed for rent in Byron bay on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Byron bay.

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Disclaimer
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.