SOLD
Sold on 07 Nov 2024 for $1,200,000

6/1 Gippsland Street
Jindabyne NSW 2627

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 778m2
Sold By
McGrath Jindabyne (F)
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Property Details for 6/1 Gippsland St, Jindabyne

6/1 Gippsland St, Jindabyne is a 2 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 778m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Jindabyne in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
66m2
Land Size
778m2
Local Government
Snowy Monaro Regional
Lot/Plan
6/SP45355

Last Listing description (May 2024)

Welcome to Razorback 6, your ultimate Snowy Mountains retreat in the heart of Jindabyne. This apartment boasts an open-plan living and dining area, along with a fully equipped contemporary kitchen. The property features skylights in both loft-style bedrooms, and comfortably sleeps six people.

This apartment is within walking distance to plenty of popular cafes, restaurants and shops. A private balcony overlooks the Jindabyne township and the picturesque mountain range. Ideal for a savvy investor, looking to expand their portfolio, or as an entry into the Jindabyne market.

FEATURES:
- Loft-style bedrooms with built-in storage and skylights
- Electric heating + reverse-cycle air conditioning
- Modern kitchen, fully equipped for holiday use
- Open plan kitchen, living and dining space with extra sofa bed
- Comfortably set up to sleep 6 people
- Unrestricted off-street parking at the rear of the building
- Private balcony with views of Snowy Mountains range and Jindabyne township
- Sold fully furnished
- Currently used as holiday rental with financials from previous years
- Under-stair lockable storage

Property History for 6/1 Gippsland St, Jindabyne, NSW 2627

A timeline of how this property has performed in the market
Last Sold
$1,200,000
07 Nov 2024
Listed for Rent
$560/w
05 Apr 2012
  • 07 Nov 2024
    Sold for $1,200,000
  • 19 Oct 2023
    Listed for Sale $599,000
  • 22 Apr 2011
    Listed for Sale $220,000
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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 3,321 properties. Over the last 5 years, Houses in Jindabyne have seen a 48.04% increase in median value, while Units have seen a 117.86% increase. As at 31 December 2024:

  • The median value for Houses in Jindabyne is $1,116,262 while the median value for Units is $717,700.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 31 properties listed for sale, and 25 properties listed for rent in Jindabyne on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Jindabyne.

Suburb Insights for Jindabyne 2627

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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.