OFF MARKET

8/40-42 Hume Street
Gloucester NSW 2422

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 1528m2
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Last updated 9 Sep 2024
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Property Details for 8/40-42 Hume St, Gloucester

8/40-42 Hume St, Gloucester is a 1 bedroom, 1 bathroom Unit and was built in 2005. The property has a land size of 1528m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
2005
Floor Size
66m2
Land Size
1528m2
Local Government
Mid-Coast
Lot/Plan
8/SP74977

Last Listing description (May 2018)

Cluster of 5 holiday rental units in Gloucester's tourist icon 'The Escape Lofts' are for sale in one package. The location adjacent to the main street with views to the Bucketts Mountains is supreme. Beautiful fitout of the units with their loft bedrooms, spa bathrooms, polished timber floors and quality furniture make for happy holidays. Also in the grounds is an inground swimming pool, BBQ area and on-site parking. Bookings and management have been carried out for several years by a local provider who is keen to continue in the role. Be a part of Gloucester's growing tourism industry while owning a secure investment with great returns.

Property History for 8/40-42 Hume St, Gloucester, NSW 2422

A timeline of how this property has performed in the market
Last Sold
$105,000
16 Nov 2018
  • 16 Nov 2018
    Sold for $105,000
  • 25 Apr 2018
    Listed for Sale $600,000
  • 17 Nov 2017
    Sold
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About Gloucester 2422

The size of Gloucester is approximately 58.3 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gloucester in 2011 was 2,877 people. By 2016 the population was 2,955 showing a population growth of 2.7% in the area during that time. The predominant age group in Gloucester is 60-69 years. Households in Gloucester are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gloucester work in a trades occupation. In 2011, 68.1% of the homes in Gloucester were owner-occupied compared with 66.9% in 2016.

Gloucester has 2,080 properties. Over the last 5 years, Houses in Gloucester have seen a 79.27% increase in median value, while Units have seen a 53.93% increase. As at 31 August 2024:

  • The median value for Houses in Gloucester is $502,157 while the median value for Units is $378,224.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 88 properties listed for sale, and 19 properties listed for rent in Gloucester on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Gloucester.

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