63 Lurline StreetKatoomba NSW 2780
Property Details for 63 Lurline St, Katoomba
63 Lurline St, Katoomba is a 2 bedroom, 1 bathroom Unit and was built in 1939. The property has a land size of 860m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2021)
Located in the heart of the town centre is this development site with current existing rental yield. Potential unit or townhouse development site (STCA). Also could suit astute buyers looking for residence plus income.
*House plus 2 flats
*864m2 block
*Potential to redevelop units or townhouses subject to council approval
*Scope to add value
*Rear lane access
*Tenants in place
Whether you are a first time investor or a developer this property has something for you. Great investment opportunity for a lifestyle investor, pick up the rent while the DA is in process or live there and have instant income from flats. There is also an opportunity for redevelopment and scope to add value.
Our properties are still open, but by private appointment only. Please contact the agent to arrange a private inspection.
Property History for 63 Lurline St, Katoomba, NSW 2780
- 29 Sep 2021Sold for $1,170,000
- 19 Aug 2021Listed for Sale Contact Agent
- 31 Jan 2020Listed for Rent - Price not available
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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 6,049 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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