16 Fourth AvenueKatoomba NSW 2780
Property Details for 16 Fourth Ave, Katoomba
16 Fourth Ave, Katoomba is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 1351m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (July 2023)
Set on a generous 1,351sqm level block in one of the sought after North Katoomba Avenues, this dual level residence allows a chance to genuinely capitalise on a solid investment opportunity.
With a little bit of nurturing, this home will happily be worth much more than the initial investment in the medium to long term. If you are looking to get into the property market at an affordable price point and exercise contemporary flair then this is an exciting place to start.
There is an open plan living, dining and kitchen on the upper level. You will be warmed by a slow combustion real wood fire in the winter months and cooled by natural cross ventilation in the summer, due to sliding doors to the fore and rear. Both the kitchen and bathroom are in functional condition and await stylish upgrades.
At ground level a fabulous rumpus/3rd bedroom sports generous proportions, as does the internal laundry. The size of this block allows scope for the imagination and a self-contained granny flat (STCA) may be a worthwhile consideration. Priced to sell, this would be a good one to add to your priority viewing list.
Summary of Features:
- Set on a generous 1,351sqm level block; 3 min drive to Mini Ha Ha Falls
- Value add opportunity; functional bathroom and electric cooktop kitchen
- Slow combustion real wood fire in upper level open plan living/dining area
- Sliding doors out to front & rear decks; ample natural light & cross-ventilation
- Two double bedrooms with practical access to family bathroom
- Exposed brick lower level rumpus/3rd bedroom with generous proportions
- Internal laundry with external access; carport with additional driveway parking
- Conveniently close to local bus to town; primary school & community cafe
Property History for 16 Fourth Ave, Katoomba, NSW 2780
- 15 Nov 2022Sold for $610,000
- 28 Sep 2022Listed for Sale $630,000 - $680,000
- 01 Aug 1995Sold for $112,500
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0About Katoomba 2780
The size of Katoomba is approximately 22.2 square kilometres. It has 45 parks covering nearly 23.1% of total area. The population of Katoomba in 2011 was 8,016 people. By 2016 the population was 7,978 showing a population decline of 0.5% in the area during that time. The predominant age group in Katoomba is 60-69 years. Households in Katoomba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Katoomba work in a professional occupation. In 2011, 62% of the homes in Katoomba were owner-occupied compared with 63.6% in 2016.
Katoomba has 6,046 properties. Over the last 5 years, Houses in Katoomba have seen a 44.92% increase in median value, while Units have seen a 35.03% increase. As at 31 October 2024:
- The median value for Houses in Katoomba is $846,706 while the median value for Units is $595,813.
- Houses have a median rent of $560 while Units have a median rent of $430.
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