OFF MARKET

1-18/69 Paxton Street
Denman NSW 2328

Bedrooms: -
Bathrooms: 18
Car spaces: 16
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Last updated 11 Nov 2024
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Property Details for 1-18/69 Paxton St, Denman

1-18/69 Paxton St, Denman is a bedroom, 18 bathroom Unit with 16 parking spaces.

Building Type
Unit
Local Government
Muswellbrook

Last Listing description (November 2023)

Entire block of 18 villa's
Exceptional investment opportunity in Denman, Upper Hunter Valley, center for mining, power generation, horse studs & agriculture. This vibrant regional area has high employment and strong demand for accommodation.
18 Single level Strata Villas most with carports, Two X 1 bedroom, Two X 3 bedroom, fourteen X 2 bedroom

Consistent low vacancy rates thanks to a diverse mix of reliable tenants from, ancillary mine workers defense personnel and reliable retirees.
The 1 bedroom units feature a generous lounge/dining , kitchen, laundry, good sized bedroom with walkthrough cupboard space into bathroom, and front patio
The 2 bedroom units feature generous lounge/dining with linen cupboard, kitchen, laundry, generous main with BIW, bathroom and 2nd bedroom , bathroom , carport & front patio
The 3 bedroom units feature generous lounge, dining area, kitchen, laundry, generous main with BIW, 2nd & 3rd bedroom , bathroom, separate toilet, carport
If your seeking a stable source of income and looking to move away the unpredictable fluctuations of the stock market, this property may be the ideal for you. Owner has recently retired and is offering the whole complex at $4.5mil

Property History for 1-18/69 Paxton St, Denman, NSW 2328

A timeline of how this property has performed in the market
  • 20 Nov 2023
    Listed for Sale $4,500,000

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About Denman 2328

The size of Denman is approximately 116.7 square kilometres. It has 3 parks covering nearly 1.1% of total area. The population of Denman in 2011 was 1,800 people. By 2016 the population was 1,798 showing a population decline of 0.1% in the area during that time. The predominant age group in Denman is 10-19 years. Households in Denman are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Denman work in a machinery operators and drivers occupation. In 2011, 67.5% of the homes in Denman were owner-occupied compared with 67.9% in 2016.

Denman has 1,065 properties. Over the last 5 years, Houses in Denman have seen a 69.60% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:

  • The median value for Houses in Denman is $506,672 while the median value for Units is $384,578.
  • Houses have a median rent of $550 while Units have a median rent of $380.
There are currently 13 properties listed for sale, and 1 property listed for rent in Denman on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Denman.

Suburb Insights for Denman 2328

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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.