OFF MARKET

87 Hume Street
Gloucester NSW 2422

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Land area: 954m2
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Last updated 11 Nov 2024
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Property Details for 87 Hume St, Gloucester

87 Hume St, Gloucester is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 954m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1950
Land Size
954m2
Local Government
Mid-Coast
Lot/Plan
14/12/DP192505

Last Listing description (November 2022)

Here is an opportunity to purchase at the low end of the market in a sought after and growing country town with excellent facilities and services. This 4-bedroom home has been neglected over many years.

Enough negativity lets now look at your opportunity.

What this house needs is someone to roll up their sleeves, strip it back to its bare bones and create what will again be a great home on a fabulous block of land. Set on 951sqm with rear lane access, the opportunity to add a ton of value is awaiting an eager renovator.

This property is now being offered as "Expressions of Interest" interested parties are to submit their highest and best offer by COB on Friday 5/8/22. Please contact our office on (02) 6558 1507 to book an inspection and receive the offer form prior to this date.

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 87 Hume St, Gloucester, NSW 2422

A timeline of how this property has performed in the market
Last Sold
$271,227
15 Aug 2022
  • 15 Aug 2022
    Sold for $271,227
  • 21 Jul 2022
    Listed for Sale Expressions of Interest - Closing August 5th
  • 15 Apr 2005
    Sold for $180,000

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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 2,066 properties. Over the last 5 years, Houses in Gloucester have seen a 75.27% increase in median value, while Units have seen a 43.04% increase. As at 31 October 2024:

  • The median value for Houses in Gloucester is $500,493 while the median value for Units is $361,033.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 82 properties listed for sale, and 10 properties listed for rent in Gloucester on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Gloucester.

Suburb Insights for Gloucester 2422

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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.