95 Megalong StreetLeura NSW 2780
Property Details for 95 Megalong St, Leura
95 Megalong St, Leura is a 4 bedroom, 2 bathroom House and was built in 1910. The property has a land size of 852m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (December 2023)
Proudly sitting on a elevated 847sqm block is a fantastic opportunity for investors or families seeking multi-generational living options or first home buyers looking for a way to supplement their mortgage repayments. Located within a sought-after area, only 300 metres to cosmopolitan Leura Mall cafes, restaurants and shops. The property has long term and stable tenants. With the potential to achieve a great rental return with upside and possible development possibilities (STCA).
Both rentals have been updated internally and offer appealing interiors. Northern orientation and elevated above street level provides great natural light throughout. Ornate period style features provide charm. There is further scope to renovate or extend to create a truly one of a kind property or return the property to a single residence.
Summary of features:
Two dwellings, with seperate access to each, separately metered for electricity
Unit 1 :2-bedroom, 1 bathroom, new kitchen , single level dwelling
Unit 2 : 2-bedroom, 1 bathroom, single level dwelling
Excellent long term tenants in both dwellings, total rental return of $730p/w
Large grassed yard and access off street for vehicle parking
Land size 847sqm; Zoned LEP 2005 Living conservation
Scope for further renovation or convert back to single residence or development (STCA)
Strategic long term hold investment, close to all amenities
Council permitted as 2 rentals
Property History for 95 Megalong St, Leura, NSW 2780
- 17 May 2022Sold for $910,000
- 01 Jul 2020Listed for Rent $400 / week
- 03 Sep 2019Listed for Sale Contact Agent
Commute Calculator
Recent sales nearby
See more recent sales nearby
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Leura 2780
The size of Leura is approximately 11.1 square kilometres. It has 16 parks covering nearly 9.3% of total area. The population of Leura in 2011 was 4,363 people. By 2016 the population was 4,643 showing a population growth of 6.4% in the area during that time. The predominant age group in Leura is 60-69 years. Households in Leura are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Leura work in a professional occupation. In 2011, 72.5% of the homes in Leura were owner-occupied compared with 73.6% in 2016.
Leura has 3,269 properties. Over the last 5 years, Houses in Leura have seen a 51.54% increase in median value, while Units have seen a 22.65% increase. As at 31 August 2024:
- The median value for Houses in Leura is $984,000 while the median value for Units is $646,531.
- Houses have a median rent of $650 while Units have a median rent of $498.
Suburb Insights for Leura 2780
Market Insights
Leura Trends for Houses
N/A
N/A
View TrendN/A
N/A
Leura Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
