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Sold on 22 Oct 2024 for $992,000

8 Lynwood Avenue
Colo Vale NSW 2575

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Bathrooms: -
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Land area: 5060m2
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Property Details for 8 Lynwood Ave, Colo Vale

Building Type
Land
Land Size
5060m2

Last Listing description (October 2024)

Gently elevated and with a northerly aspect, this blank canvas presents the perfect opportunity to create your dream build.

Sitting in a tranquil pocket of the peaceful community village of Colo Vale, it offers town water, mains power and sewer.

Whilst being private and picturesque, it's ideal location makes it just a short drive to Mittagong shops, cafes and schools, and only 2 minutes to the Hume Highway for a comfortable Sydney commute.

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Property History for 8 Lynwood Ave, Colo Vale, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$992,000
22 Oct 2024
  • 22 Oct 2024
    Sold for $992,000
  • 28 Aug 2024
    Listed for Sale Price Guide $1,125,000

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About Colo Vale 2575

The size of Colo Vale is approximately 65.7 square kilometres. It has 4 parks covering nearly 23.7% of total area. The population of Colo Vale in 2011 was 1,718 people. By 2016 the population was 1,616 showing a population decline of 5.9% in the area during that time. The predominant age group in Colo Vale is 40-49 years. Households in Colo Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Colo Vale work in a trades occupation. In 2011, 78.4% of the homes in Colo Vale were owner-occupied compared with 79.2% in 2016.

Colo Vale has 807 properties. Over the last 5 years, Houses in Colo Vale have seen a 77.46% increase in median value. As at 30 November 2024:

  • The median value for Houses in Colo Vale is $978,272 while the median value for Units is $484,546.
  • Houses have a median rent of $650.
There are currently 12 properties listed for sale, and 1 property listed for rent in Colo vale on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Colo vale.

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Mark Walters
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CARLTON REAL ESTATE
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