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Sold on 22 Oct 2024 for $992,000

8 Lynwood Avenue
Colo Vale NSW 2575

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

Building Type
Land
Land Size
5060m2
Local Government
Wingecarribee
Lot/Plan
3/DP1272405

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.

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 800 properties. Over the last 5 years, Houses in Colo Vale have seen a 66.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Colo Vale is $937,233 while the median value for Units is $521,203.
  • Houses have a median rent of $650.
There are currently 10 properties listed for sale, and no properties 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.

Suburb Insights for Colo Vale 2575

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Mark Walters
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CARLTON REAL ESTATE
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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.