SOLD
Sold on 20 Feb 2024 for $870,000

3 Hume Highway
Gunning NSW 2581

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 264458m2
Sold By
Jammz Enterprises Pty Ltd
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Property Details for 3 Hume Hwy, Gunning

3 Hume Hwy, Gunning is a 0 bedroom, 0 bathroom House. The property has a land size of 264458m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom House sold in Gunning in the last 12 months.

Building Type
House
Land Size
264458m2
Local Government
Upper Lachlan Shire
Lot/Plan
3/DP1170809

Last Listing description (September 2023)

With picturesque views, just moments from Gunning Town Centre, an exciting opportunity awaits for a builder or developer looking to capitalise on the growing demand for affordable lifestyle properties. With a total block size of approximately 26.5ha, there is development approval in place for five lifestyle blocks ranging in size and creating an opportunity not to be missed.

Buyers today are seeking value for money, community and room to move. Gunning has seen significant growth over the last few years, with many families taking the opportunity for a tree change. Developments in the area have sold well, with significant buyer interest and this parcel is the next step.

The allocation of the five blocks ranges from approximately 3ha to 9ha appealing to those seeking a lifestyle block or hobby farm. The property is easily accessible with sealed road access via Gundaroo Road, simplifying the construction process and increasing the value of the final product.

Gunning town centre is located close by with a variety of services available. The charming country town has a thriving local community with a lovely local school. Duck down for a bite to eat at one of the cafes, enjoy an afternoon drink at the pub, or top up on essentials including fuel while you are in town. It is an easy commute into Goulburn, Yass or Canberra with quick access onto the Hume Highway.

Boutique development opportunity not to be missed
Development opportunity for 5x rural lifestyle blocks
Blocks spanning from approximately 3ha 9ha
Sealed road access just moments from Gunning Centre
Easy commute to Goulburn, Yass and Canberra

The information contained above is believed to be correct at time of advertising however, we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.

Property History for 3 Hume Hwy, Gunning, NSW 2581

A timeline of how this property has performed in the market
Last Sold
$870,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $870,000
  • 08 Jun 2023
    Listed for Sale $889,000
  • 11 Jan 2017
    Listed for Sale $250,000
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About Gunning 2581

The size of Gunning is approximately 78.8 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Gunning in 2011 was 485 people. By 2016 the population was 658 showing a population growth of 35.7% in the area during that time. The predominant age group in Gunning is 40-49 years. Households in Gunning are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gunning work in a professional occupation. In 2011, 76% of the homes in Gunning were owner-occupied compared with 77.1% in 2016.

Gunning has 554 properties. Over the last 5 years, Houses in Gunning have seen a 84.14% increase in median value, while Units have seen a 37.98% increase. As at 30 November 2024:

  • The median value for Houses in Gunning is $696,714 while the median value for Units is $446,833.
  • Houses have a median rent of $468.
There are currently 9 properties listed for sale, and no properties listed for rent in Gunning on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Gunning.

Suburb Insights for Gunning 2581

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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.