7 Echo Point RoadKatoomba NSW 2780
Property Details for 7 Echo Point Rd, Katoomba
7 Echo Point Rd, Katoomba is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 751m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom House sold in Katoomba in the last 12 months.
Last Listing description (November 2024)
A unique opportunity for the astute investor in a prime location of South Katoomba just 500m from the Three Sisters precinct.
Flat 1 - 1 bedroom with kitchen and bathroom. This flat is currently tenanted for $270 per week.
Flat 2 - 1 bedroom with kitchen and bathroom. This flat is currently tenanted for $270 per week.
Flat 3 - is proposed to be a 2 bedroom with kitchen and bathroom.
Flat 4 - is proposed to be a 1 bedroom with study, kitchen and 1 bathroom.
The current owner has commenced a refurbishment of Flat 3 & 4. This includes a reconfiguration of the floor plan, the installation of double glazed windows and split system air conditioning, however they have decided to offer this opportunity to the market as is.
The property features off street parking for 4 cars with a circular drive and a separate garage at the rear. Inspections strictly by appointment.
Property History for 7 Echo Point Rd, Katoomba, NSW 2780
- 04 Nov 2024Sold for $1,250,000
- 11 May 2024Sold
- 14 Mar 2024Listed for Sale $1,300,000 to $1,400,000
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About 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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