SOLD
Sold on 22 Sep 2023 for $305,000

41 Mulach Street
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8359m2
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Property Details for 41 Mulach St, Cooma

Building Type
Land
Land Size
8359m2
Local Government
Snowy Monaro Regional
Lot/Plan
2/DP39325

Last Listing description (October 2023)

It is not very often that a vacant block of this size and location within Cooma will come up for sale and this may even be the last time it does. The block is unique and will require the purchaser to be looking for a place to build their dream home that will be like no other.

At the access gate on Mulach Street, the block rises sharply to roughly the midpoint of the block, on top of the hill, where it opens out to a large open space ideal for building. Due to this elevation change, a road was cut into the mountain many years ago. However, with time this road has eroded in many places. It does however give a good foundation to re-top the road as a starting point. Once this road is completed it will allow the builder to get the materials required for construction up to the building site of your choosing.

The imagination is sure to run wild with different ideas on how big a home to build here and what aspect is the most important. Due to the size of the block, however, the limiting factor on how big a home is likely to be the budget, rather than any setback requirements from the council. One certainty though is that as soon the home has completed its construction, the uninterrupted views and privacy achieved here will be exceptional. For the lucky new owners and their guests to enjoy, for many years to come.

Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Property History for 41 Mulach St, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$305,000
22 Sep 2023
  • 22 Sep 2023
    Sold for $305,000
  • 13 Sep 2023
    Listed for Sale Not Disclosed
  • 24 Jun 2022
    Listed for Sale New Price $270,000
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About Cooma 2630

The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of total area. The population of Cooma in 2011 was 6,664 people. By 2016 the population was 6,681 showing a population growth of 0.3% in the area during that time. The predominant age group in Cooma is 50-59 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation. In 2011, 67.5% of the homes in Cooma were owner-occupied compared with 64.5% in 2016.

Cooma has 4,018 properties. Over the last 5 years, Houses in Cooma have seen a 85.11% increase in median value, while Units have seen a 33.21% increase. As at 31 August 2024:

  • The median value for Houses in Cooma is $511,677 while the median value for Units is $460,493.
  • Houses have a median rent of $500 while Units have a median rent of $320.
There are currently 52 properties listed for sale, and 22 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Cooma.

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Ray White Canberra
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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.