SOLD
Sold on 23 Feb 2024 for $1,450,000

401 Old Settlers Road
Jindabyne NSW 2627

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 407800m2
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Sold By
Gordon Jenkinson
McGrath Cooma
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Property Details for 401 Old Settlers Rd, Jindabyne

401 Old Settlers Rd, Jindabyne is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 407800m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom House sold in Jindabyne in the last 12 months.

Building Type
House
Land Size
407800m2
Local Government
Snowy Monaro Regional
Lot/Plan
16/DP1175173

Last Listing description (March 2024)

401 Old Settlers Road is a 40.78ha property in the prestigious McGufficke Hill Rural Estate located approximately 12km from the centre of Jindabyne. The sale includes a yet to be completed & council approved for habitation 'off grid' 105sm steel shed/residence with plumbing, 41,000lt water tank and large capacity septic system for a large family is already in place.
Electrical wiring needs to be completed as does installation of an off grid system for power requirements. A slow combustion fireplace has been installed to keep the winter chills at bay while the double glazed internal & external windows and sliding doors have been purchased and are stored on site ready for installation by the new owner.

This location offers privacy, expansive Snowy Mountains and Lake Jindabyne views with Perisher Mountain & Rams Head Range prominent as well as outstanding rural views of the Moonbah Valley with Jillamatong Mountain and its 'blue ribbon' trout stream dissecting the valley floor. The shed site is within 200m of a private dam which could be utilised to water stock or landscaping usage while the property is fenced on 3 sides.

The zoning allows for a second dwelling to be constructed subject to council approval with an ideal second site close to mains power, a water line from a shared bore and northerly views to Lake Jindabyne as well as outstanding Snowy Mountains views.
The new NBN tower at the top of Wollondibby Road is clearly visible from most parts of the property offering good internet access critical these days for most buyers.

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

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Property History for 401 Old Settlers Rd, Jindabyne, NSW 2627

A timeline of how this property has performed in the market
Last Sold
$1,450,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $1,450,000
  • 15 Jun 2023
    Listed for Sale Not Disclosed
  • 28 Jan 2017
    Listed for Sale $395,000
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About Jindabyne 2627

The size of Jindabyne is approximately 112.2 square kilometres. It has 8 parks covering nearly 1.8% of total area. The population of Jindabyne in 2011 was 2,440 people. By 2016 the population was 2,626 showing a population growth of 7.6% in the area during that time. The predominant age group in Jindabyne is 20-29 years. Households in Jindabyne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jindabyne work in a trades occupation. In 2011, 57.4% of the homes in Jindabyne were owner-occupied compared with 55.3% in 2016.

Jindabyne has 3,303 properties. Over the last 5 years, Houses in Jindabyne have seen a 123.99% increase in median value, while Units have seen a 109.74% increase. As at 31 August 2024:

  • The median value for Houses in Jindabyne is $1,168,545 while the median value for Units is $742,867.
  • Houses have a median rent of $700 while Units have a median rent of $545.
There are currently 25 properties listed for sale, and 20 properties listed for rent in Jindabyne on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Jindabyne.

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