OFF MARKET

7 Otway Lane
Gundagai NSW 2722

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 124m2
Land area: 1661m2
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Last updated 16 Dec 2024
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Property Details for 7 Otway Lane, Gundagai

7 Otway Lane, Gundagai is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1661m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1980
Floor Size
124m2
Land Size
1661m2
Local Government
Cootamundra-Gundagai Regional
Lot/Plan
3/DP238938

Last Listing description (September 2023)

Beautifully presented 4 bedroom family home.
Large open plan living dining and kitchen.
Climate controlled with wood heater and ducted evaporative air-conditioner.

Double garage with additional storage under the house.
Set on a double block totalling approximately 1668m2
Large covered entertaining area with fire pit.
Only two blocks from Gundagai's CBD. Only a short distance to schools and day care.
4 hours from Sydney, 2 hours from Canberra and 1 hour from Wagga Wagga.

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Property History for 7 Otway Lane, Gundagai, NSW 2722

A timeline of how this property has performed in the market
Last Sold
$549,000
29 Aug 2023
  • 29 Aug 2023
    Sold for $549,000
  • 30 Jun 2023
    Listed for Sale $549,000
  • 17 Mar 2017
    Sold for $175,000
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About Gundagai 2722

The size of Gundagai is approximately 47.3 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Gundagai in 2011 was 1,474 people. By 2016 the population was 1,680 showing a population growth of 14.0% in the area during that time. The predominant age group in Gundagai is 60-69 years. Households in Gundagai are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gundagai work in a labourer occupation. In 2011, 69.7% of the homes in Gundagai were owner-occupied compared with 68.1% in 2016.

Gundagai has 1,192 properties. Over the last 5 years, Houses in Gundagai have seen a 93.47% increase in median value, while Units have seen a 38.60% increase. As at 30 November 2024:

  • The median value for Houses in Gundagai is $372,609 while the median value for Units is $367,510.
  • Houses have a median rent of $420 while Units have a median rent of $220.
There are currently 27 properties listed for sale, and 5 properties listed for rent in Gundagai on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Gundagai.

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